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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 125,678 $ 14,912 $ 30,010
Net (income) loss from discontinued operations (92,423) 2,871 (10,229)
Adjustments to reconcile net income to net cash provided by operating activities of continuing operations:      
Depreciation and amortization 55,803 47,878 46,342
Stock-based compensation 10,078 8,090 10,136
Provision for losses on accounts receivable 96 271 351
Amortization of deferred financing costs and debt discounts 5,219 4,511 7,321
Deferred income tax (17,633) 2,341 6,044
Gain (loss) on sale/disposal of assets and investments 290 (126) (319)
Change in assets and liabilities, net of assets and liabilities acquired:      
(Increase) decrease in accounts receivable and contract costs and recognized income not yet billed 2,681 (19,131) (35,933)
(Increase) decrease in inventories (52,122) (29,299) 16,103
(Increase) decrease in prepaid and other assets 5,969 (4,781) 1,462
Increase in accounts payable, accrued liabilities and income taxes payable 11,078 17,541 4,829
Other changes, net 11,732 4,073 4,001
Net cash provided by operating activities - continuing operations 66,446 49,151 80,118
CASH FLOWS FROM INVESTING ACTIVITIES - CONTINUING OPERATIONS:      
Acquisition of property, plant and equipment (50,138) (34,937) (59,276)
Acquired business, net of cash acquired (430,932) (34,719) (4,470)
Investment sales (purchases) 0 (1,824) 715
Proceeds from Divestiture of Businesses 474,727 0 0
Proceeds from sale of property, plant and equipment 663 143 770
Net cash used in investing activities - continuing operations (5,680) (71,337) (62,261)
CASH FLOWS FROM FINANCING ACTIVITIES - CONTINUING OPERATIONS:      
Proceeds from issuance of common stock 0 0 0
Dividends paid (49,797) (10,325) (8,798)
Purchase of shares for treasury (45,605) (15,841) (65,307)
Proceeds from long-term debt 443,058 233,443 302,362
Payments of long-term debt (300,993) (170,454) (208,514)
Change in short-term borrowings 144 0 0
Share premium payment on settled debt 0 (24,997) 0
Financing costs (7,793) (1,548) (4,384)
Purchase of ESOP shares 0 (10,908) 0
Other, net 51 (70) 55
Net cash provided by (used) in financing activities - continuing operations 39,065 (700) 15,414
CASH FLOWS FROM DISCONTINUED OPERATIONS:      
Net cash provided by (used in) operating activities (45,624) 47,193 24,264
Net cash used in investing activities (10,762) (45,075) (31,343)
Net cash provided by (used in) financing activities (22,541) (4,268) (6,526)
Net cash provided by (used in) discontinued operations (78,927) (2,150) (13,605)
Effect of exchange rate changes on cash and equivalents 1,173 164 886
NET INCREASE (DECREASE) IN CASH AND EQUIVALENTS 22,077 (24,872) 20,552
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 47,681 72,553 52,001
CASH AND EQUIVALENTS AT END OF PERIOD 69,758 47,681 72,553
Supplemental Disclosure of Cash Flow Information:      
Cash paid for interest 59,793 48,137 43,208
Cash paid for taxes $ 32,140 $ 20,998 $ 3,431