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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities    
Net income $ 13,057 $ 14,415
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 16,477 11,838
Stock-based compensation 4,410 4,467
Amortization of premium on marketable securities and deferred financing costs 67 235
Earnings of equity method investments   (1,772)
Deferred income taxes (8,183) (7,682)
Other losses on disposals of assets 126 6
Loss on sale of divestiture, net of tax 319  
Changes in operating assets and liabilities, net of acquisitions and divestiture:    
Accounts receivable 1,503 (13,826)
Inventories (4,335) (12,260)
Prepaid expenses and other assets 6,120 1,029
Accounts payable 5,255 7,932
Deferred revenue (720) 6,385
Accrued warranty and retrofit costs 221 572
Accrued compensation and tax withholdings (5,755) (13,842)
Accrued restructuring costs (203) (181)
Accrued expenses and other liabilities (2,616) 8,948
Net cash provided by operating activities 25,743 6,264
Cash flows from investing activities    
Purchases of property, plant and equipment (9,614) (3,560)
Purchases of marketable securities (10,742) (1,290)
Sales of marketable securities   48,904
Maturities of marketable securities 33,584 2,557
Acquisitions, net of cash acquired   (445,210)
Net cash provided by (used in) investing activities 13,228 (398,599)
Cash flows from financing activities    
Proceeds from term loans, net of discount   340,540
Principal payments on debt (414) (1,789)
Payments of capital leases (319) (121)
Common stock dividends paid (7,369) (7,208)
Net cash provided by (used in) financing activities (8,102) 331,422
Effects of exchange rate changes on cash and cash equivalents 2,808 (1,004)
Net increase (decrease) in cash, cash equivalents and restricted cash 33,677 (61,917)
Cash, cash equivalents and restricted cash, beginning of period 305,171 197,708
Cash, cash equivalents and restricted cash, end of period 338,848 135,791
Supplemental disclosure of non-cash investing and financing activities:    
Purchases of property, plant and equipment included in accounts payable $ 2,622 1,717
Deferred financing costs included in accounts payable   $ 1,750