XML 25 R9.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Oct. 01, 2022
Adjustments to reconcile net income (loss) to cash provided by operating activities:      
Net income before noncontrolling interest $ 237,751 $ 327,513 $ 240,384
Depreciation and amortization 122,418 118,237 108,783
Stock-based compensation expense 57,407 50,402 39,608
Deferred income taxes 30,346 28,753 27,910
Other, net (1,116) 1,768 10,108
Changes in operating assets and liabilities:      
Accounts receivable (104,389) (89,462) 47,483
Contract assets 61,680 29,964 (143,531)
Inventories 35,705 210,218 (651,118)
Prepaid expenses and other assets 325 (17,753) (31,700)
Accounts payable (111,550) (418,191) 508,989
Accrued liabilities 11,639 (6,281) 173,938
Cash provided by operating activities 340,216 235,168 330,854
CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES:      
Purchases of property, plant and equipment (111,227) (191,367) (138,639)
Proceeds from sales of property, plant and equipment 2,031 1,409 8,425
Purchases of investments (5,200) (2,500) (2,000)
Cash used in investing activities (114,396) (192,458) (132,214)
CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES:      
Proceeds from revolving credit facility borrowings 2,108,800 2,980,800 1,874,000
Repayments of revolving credit facility borrowings (2,108,800) (2,980,800) (1,874,000)
Repayments of Debt 21,570 17,500 332,814
Proceeds from issuance of long-term debt, net of issuance cost 0 0 346,737
Holdback paid in connection with previous business combination 0 (8,558) 0
Proceeds from short-term borrowing 0 8,445 0
Net proceeds from stock issuances 6,161 3,412 2,379
Repurchases of common stock (254,298) (107,093) (331,101)
Proceeds from sale of noncontrolling interest 0 215,799 0
Other 0 0 500
Cash provided by (used in) financing activities (269,707) 94,505 (314,299)
Effect of exchange rate changes 2,177 498 (4,510)
Increase (decrease) in cash and cash equivalents (41,710) 137,713 (120,169)
Cash and cash equivalents at beginning of year 667,570 529,857 650,026
Cash and cash equivalents at end of year 625,860 667,570 529,857
Cash paid during the year:      
Interest, net of capitalized interest 26,099 32,486 18,243
Income taxes, net of refunds 69,411 57,339 48,131
Noncash Investing and Financing Items:      
Unpaid purchases of property, plant and equipment at end of period $ 16,849 $ 21,590 $ 38,570