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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities    
Net income $ 25,090 $ 106,112
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 40,429 27,621
Stock-based compensation 15,172 14,999
Amortization of premium on marketable securities and deferred financing costs 766 565
Earnings of equity method investments (4,876) (4,931)
Loss recovery on insurance claim   (1,103)
Deferred income tax benefit (9,207) (48,274)
Loss on extinguishment of debt 9,051  
Other gains on disposals of assets 156  
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (6,456) (32,887)
Inventories (6,431) (21,647)
Prepaid expenses and other assets 2,109 (4,395)
Accounts payable (6,761) 16,656
Deferred revenue 4,959 487
Accrued warranty and retrofit costs 1,022 (192)
Accrued compensation and tax withholdings (9,404) (1,252)
Accrued restructuring costs (361) (1,523)
Proceeds from recovery on insurance claim 1,082  
Accrued expenses and other liabilities 1,901 (7,478)
Net cash provided by operating activities 58,241 42,758
Cash flows from investing activities    
Purchases of property, plant and equipment (15,548) (9,320)
Purchases of marketable securities (1,290) (58,312)
Sales of marketable securities 48,904  
Maturities of marketable securities 2,557 8,450
Acquisitions, net of cash acquired (442,704) (82,977)
Proceeds from sales of property, plant and equipment   200
Net cash used in investing activities (408,081) (141,959)
Cash flows from financing activities    
Proceeds from term loans, net of discount 686,386 197,554
Proceeds from issuance of common stock 1,548 1,395
Payments of financing costs (687) (318)
Principal payments on debt (354,940) (1,000)
Payments of capital lease (849)  
Common stock dividends paid (21,658) (21,202)
Net cash provided by financing activities 309,800 176,429
Effects of exchange rate changes on cash and cash equivalents (816) 526
Net increase (decrease) in cash and cash equivalents (40,856) 77,754
Cash and cash equivalents, beginning of period 197,708 101,622
Cash and cash equivalents, end of period 156,852 179,376
Supplemental disclosure of non-cash investing and financing activities:    
Purchases of property, plant and equipment included in accounts payable $ 1,847 $ 1,418