XML 58 R6.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 26, 2015
Sep. 27, 2014
Sep. 28, 2013
Cash flows from operating activities:      
Net income $ 84,352 $ 94,509 $ 78,798
Adjustments to reconcile net income to net cash provided by operations:      
Depreciation and amortization 133,294 136,399 130,384
Loss on debt extinguishment 15,072 11,589 2,144
Pension settlement charge 2,000 0 0
Other, net 11,605 5,664 (2,796)
Changes in assets and liabilities:      
Accounts receivable 36,986 (2,061) (5,910)
Inventories 43,279 (13,342) 10,553
Other current and noncurrent assets 3,223 266 5,436
Accounts payable (14,761) (3,513) (375)
Accrued employment and benefit costs 5,203 474 7,045
Accrued insurance (5,367) 4,298 3,601
Customer deposits and advances (2,239) (176) (16,735)
Other current and noncurrent liabilities 11,562 (8,556) 2,161
Net cash provided by operating activities 324,209 225,551 214,306
Cash flows from investing activities:      
Capital expenditures (41,213) (30,052) (27,823)
Acquisition of business (6,500) 0 0
Proceeds from sale of property, plant and equipment 11,741 13,520 7,310
Adjustment to purchase price for Inergy Propane 0 0 5,850
Net cash (used in) investing activities (35,972) (16,532) (14,663)
Cash flows from financing activities:      
Proceeds from long-term borrowings 250,000 525,000 0
Repayment of long-term borrowings (includes premium and fees) (260,852) (528,077) (168,915)
Proceeds from borrowings under revolving credit facility 0 61,700 0
Repayment of borrowings under revolving credit facility 0 (61,700) 0
Issuance costs associated with long-term borrowings (4,568) (9,515) 0
Net proceeds from issuance of Common Units 0 0 143,444
Partnership distributions (213,118) (211,020) (201,257)
Net cash (used in) financing activities (228,538) (223,612) (226,728)
Net increase (decrease) in cash and cash equivalents 59,699 (14,593) (27,085)
Cash and cash equivalents at beginning of period 92,639 107,232 134,317
Cash and cash equivalents at end of period 152,338 92,639 107,232
Supplemental disclosure of cash flow information:      
Cash paid for interest $ 75,597 $ 91,836 $ 86,583