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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 33,338 $ 21,192
Net loss from discontinued operations 0 8,179
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 47,067 46,172
Stock-based compensation 12,809 11,547
Asset impairment charges - restructuring 4,388 0
Provision for losses on accounts receivable 512 306
Amortization of debt discounts and issuance costs 2,871 4,133
Loss from debt extinguishment, net 7,925 0
Deferred income taxes 448 (353)
Gain on sale of assets and investments (261) (111)
Non-cash lease expense 28,648 0
Change in assets and liabilities, net of assets and liabilities acquired:    
Increase in accounts receivable and contract costs and recognized income not yet billed (81,718) (33,223)
(Increase) decrease in inventories 34,822 (18,009)
Increase in prepaid and other assets (17,393) (3,921)
Decrease in accounts payable, accrued liabilities, income taxes payable and operating lease liabilities (18,112) (22,688)
Other changes, net 600 1,758
Net cash provided by operating activities 55,944 14,982
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of property, plant and equipment (34,751) (27,794)
Acquired businesses, net of cash acquired (10,531) (9,219)
Payments related to sale of business 0 (9,500)
Insurance payments 0 (10,604)
Proceeds from sale of assets 339 104
Investment purchase (130) (149)
Net cash used in investing activities (45,073) (57,162)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid (10,639) (10,262)
Purchase of shares for treasury (7,479) (1,478)
Proceeds from long-term debt 1,230,618 156,800
Payments of long-term debt (1,205,231) (108,260)
Financing costs (16,543) (1,012)
Contingent consideration for acquired businesses 0 (1,686)
Other, net (31) (197)
Net cash provided by (used in) financing activities (9,305) 33,905
CASH FLOWS FROM DISCONTINUED OPERATIONS:    
Net cash used in operating activities (2,899) (3,874)
Net cash provided by investing activities 418 0
Net cash used in financing activities 0 0
Net cash used in discontinued operations (2,481) (3,874)
Effect of exchange rate changes on cash and equivalents 537 503
NET DECREASE IN CASH AND EQUIVALENTS (378) (11,646)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 72,377 69,758
CASH AND EQUIVALENTS AT END OF PERIOD $ 71,999 $ 58,112