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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities    
Net income $ 35,880 $ 25,090
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 49,760 40,429
Impairment of property, plant and equipment 301  
Stock-based compensation 12,348 15,172
Amortization of premium on marketable securities and deferred financing costs 177 766
Earnings of equity method investments   (4,876)
Deferred income taxes (9,319) (9,207)
Loss on extinguishment of debt   9,051
Other losses on disposals of assets 163 156
Loss on sale of divestiture, net of tax 319  
Taxes paid stemming from divestiture (91,500)  
Changes in operating assets and liabilities, net of acquisitions and divestiture:    
Accounts receivable (15,719) (6,456)
Inventories (17,695) (6,431)
Prepaid expenses and other assets 12,554 2,109
Accounts payable 11,032 (6,761)
Deferred revenue 214 4,959
Accrued warranty and retrofit costs 580 1,022
Accrued compensation and tax withholdings 1,928 (9,404)
Accrued restructuring costs (609) (361)
Proceeds from recovery on insurance claim   1,082
Accrued expenses and other liabilities (4,347) 1,901
Net cash (used in) provided by operating activities (13,933) 58,241
Cash flows from investing activities    
Purchases of property, plant and equipment (29,685) (15,548)
Purchases of marketable securities (10,843) (1,290)
Sales of marketable securities 2,492 48,904
Maturities of marketable securities 42,226 2,557
Acquisitions, net of cash acquired (15,743) (442,704)
Issuance of a note receivable (1,000)  
Net cash used in investing activities (12,553) (408,081)
Cash flows from financing activities    
Proceeds from term loans, net of discount   686,386
Proceeds from issuance of common stock 2,332 1,548
Payments of financing costs   (687)
Principal payments on debt (828) (354,940)
Payments of capital leases (957) (849)
Common stock dividends paid (22,127) (21,658)
Net cash (used in) provided by financing activities (21,580) 309,800
Effects of exchange rate changes on cash and cash equivalents 3,095 (816)
Net decrease in cash, cash equivalents and restricted cash (44,971) (40,856)
Cash, cash equivalents and restricted cash, beginning of period 305,171 197,708
Cash, cash equivalents and restricted cash, end of period 260,200 156,852
Supplemental disclosure of non-cash investing and financing activities:    
Purchases of property, plant and equipment included in accounts payable $ 2,020 $ 1,847