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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Statement of Cash Flows [Abstract]    
Net income (loss) $ 100,388 $ 52,926
Bad debt expense 503 330
Deferred financing cost amortization 140 132
Depreciation and amortization 15,438 13,252
Gain (Loss) on Disposition of Property Plant Equipment (1,444) (13,162)
Non-cash compensation expense 2,925 1,956
Deferred income taxes 1,932 6,955
Unrealized Gain (Loss) on Investments 1,790 0
Accounts receivable (53,324) 35,660
Inventories (8,957) (11,798)
Costs and estimated earnings in excess of billings 336 4,120
Prepaid expenses and other current assets (35,252) (11,672)
Other non-current assets 290 1,728
Accounts payable and accrued expenses 9,462 (30,454)
Billings in excess of costs and estimated earnings 23,996 10,109
Other non-current liabilities 470 (23)
Net cash provided by operating activities 58,693 60,059
Capital expenditures (13,359) (6,677)
Proceeds from sale of assets 2,375 19,124
Cash paid in conjunction with business combinations (380) (165)
Net cash used in investing activities (11,364) 12,282
Borrowings of debt 1,346,388 1,162,971
Repayments of debt (1,346,388) (1,230,519)
Cash paid for finance leases (1,981) (1,617)
Payment for Contingent Consideration Liability, Financing Activities 4,074 0
Distribution to noncontrolling interest (7,865) (5,272)
Purchase of treasury stock (3,218) (7,637)
Options exercised 8 14
Net cash used in financing activities (17,130) (82,060)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 30,199 (9,719)
CASH, CASH EQUIVALENTS, beginning of period 75,770 24,848
CASH, CASH EQUIVALENTS, end of period 105,969 15,129
Cash paid for interest 269 1,765
Cash paid for income taxes (net) $ 37,449 $ 4,660