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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Statement of Cash Flows [Abstract]    
Net income (loss) $ 52,926 $ 11,029
Bad debt expense 330 92
Deferred financing cost amortization 132 88
Depreciation and amortization 13,252 12,370
Gain (Loss) on Disposition of Property Plant Equipment (13,162) (73)
Gain (Loss) on Sale of Investments [Abstract]    
Non-cash compensation expense 1,956 1,898
Deferred income taxes 6,955 1,931
Accounts receivable 35,660 (22,830)
Inventories (11,798) (17,325)
Costs and estimated earnings in excess of billings 4,120 (12,128)
Prepaid expenses and other current assets (11,672) (3,795)
Other non-current assets 1,728 (1,968)
Accounts payable and accrued expenses (30,454) 26,911
Billings in excess of costs and estimated earnings 10,109 1,134
Other non-current liabilities (23) (242)
Net cash provided by operating activities 60,059 (2,908)
Capital expenditures (6,677) (21,627)
Proceeds from sale of assets 19,124 199
Cash paid in conjunction with business combinations (165) (500)
Net cash used in investing activities 12,282 (21,928)
Borrowings of debt 1,162,971 872,609
Repayments of debt (1,230,519) (842,727)
Cash paid for finance leases (1,617) (603)
Distribution to noncontrolling interest (5,272) (3,344)
Purchase of treasury stock (7,637) (4,925)
Options exercised 14 0
Net cash used in financing activities (82,060) 21,010
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (9,719) (3,826)
CASH, CASH EQUIVALENTS, beginning of period 24,848 23,105
CASH, CASH EQUIVALENTS, end of period 15,129 19,279
Cash paid for interest 1,765 949
Cash paid for income taxes (net) $ 4,660 $ 2,142