XML 17 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2018
Mar. 25, 2017
Cash flows from operating activities:    
Net income $ 143,955 $ 118,301
Adjustments to reconcile net income to net cash provided by operations:    
Depreciation and amortization 63,334 63,931
Loss on sale of business 4,823 0
Loss on debt extinguishment 0 1,567
Other, net 5,464 5,157
Changes in assets and liabilities:    
Accounts receivable (94,723) (71,434)
Inventories 1,129 (2,010)
Other current and noncurrent assets (11,913) (8,632)
Accounts payable 14,536 23,643
Accrued employment and benefit costs 2,221 339
Customer deposits and advances (50,072) (47,303)
Contribution to defined benefit pension plan (1,904) (2,792)
Other current and noncurrent liabilities 5,551 (1,219)
Net cash provided by operating activities 82,401 79,548
Cash flows from investing activities:    
Capital expenditures (18,153) (17,205)
Acquisition of business (4,151) 0
Proceeds from sale of business 3,002 0
Proceeds from sale of property, plant and equipment 2,800 3,297
Net cash (used in) investing activities (16,502) (13,908)
Cash flows from financing activities:    
Proceeds from long-term borrowings 0 350,000
Repayments of long-term borrowings (includes premium and fees) 0 (360,902)
Proceeds from borrowings under revolving credit facility 205,700 177,645
Repayments of borrowings under revolving credit facility (194,300) (147,800)
Issuance costs associated with long-term borrowings 0 (6,090)
Partnership distributions (73,499) (108,140)
Other, net (847) (736)
Net cash (used in) financing activities (62,946) (96,023)
Net increase (decrease) in cash and cash equivalents 2,953 (30,383)
Cash and cash equivalents at beginning of period 2,789 37,341
Cash and cash equivalents at end of period $ 5,742 $ 6,958