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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 37,287 $ 125,678 $ 14,912
Net (income) loss from discontinued operations 8,335 (92,423) 2,871
Adjustments to reconcile net income to net cash provided by operating activities of continuing operations:      
Depreciation and amortization 61,848 55,803 47,878
Stock-based compensation 13,285 10,078 8,090
Provision for losses on accounts receivable 535 96 271
Amortization of deferred financing costs and debt discounts 5,393 5,219 4,511
Deferred income tax (2,222) (17,633) 2,341
Gain (loss) on sale/disposal of assets and investments (179) 290 (126)
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 8,279 2,681 (19,131)
Increase in inventories (24,938) (52,122) (29,299)
Increase in prepaid and other assets (4,285) (2,285) (4,781)
Increase in accounts payable, accrued liabilities and income taxes payable 7,638 11,078 17,541
Other changes, net 2,982 11,732 4,073
Net cash provided by operating activities - continuing operations 113,958 58,192 49,151
CASH FLOWS FROM INVESTING ACTIVITIES - CONTINUING OPERATIONS:      
Acquisition of property, plant and equipment (45,361) (50,138) (34,937)
Acquired business, net of cash acquired (9,219) (430,932) (34,719)
Investment sales (purchases) (149) 0 (1,824)
Proceeds (payments) from sale of business (9,500) 474,727 0
Insurance proceeds (payments) (10,604) 8,254 0
Proceeds from sale of property, plant and equipment 280 663 143
Net cash provided by (used in) investing activities - continuing operations (74,553) 2,574 (71,337)
CASH FLOWS FROM FINANCING ACTIVITIES - CONTINUING OPERATIONS:      
Dividends paid (13,676) (49,797) (10,325)
Purchase of shares for treasury (1,478) (45,605) (15,841)
Proceeds from long-term debt 201,748 443,058 233,443
Payments of long-term debt (218,248) (300,993) (170,454)
Change in short-term borrowings (366) 144 0
Share premium payment on settled debt 0 0 (24,997)
Financing costs (1,090) (7,793) (1,548)
Purchase of ESOP shares 0 0 (10,908)
Contingent consideration for acquired businesses (1,686) 0 0
Other, net (180) 51 (70)
Net cash provided by (used) in financing activities - continuing operations (34,976) 39,065 (700)
CASH FLOWS FROM DISCONTINUED OPERATIONS:      
Net cash provided by (used in) operating activities (2,123) (45,624) 47,193
Net cash used in investing activities 0 (10,762) (45,075)
Net cash used in financing activities 0 (22,541) (4,268)
Net cash used in discontinued operations (2,123) (78,927) (2,150)
Effect of exchange rate changes on cash and equivalents 313 1,173 164
NET INCREASE (DECREASE) IN CASH AND EQUIVALENTS 2,619 22,077 (24,872)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 69,758 47,681 72,553
CASH AND EQUIVALENTS AT END OF PERIOD 72,377 69,758 47,681
Supplemental Disclosure of Cash Flow Information:      
Cash paid for interest 63,334 59,793 48,137
Cash paid for taxes $ 25,339 $ 32,140 $ 20,998