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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 19,298 $ 29,500
Net income from discontinued operations (2,393) (4,070)
Adjustments to reconcile net income to net cash provided by (used in) operating activities of continuing operations:    
Depreciation and amortization 13,081 12,590
Stock-based compensation 4,867 4,208
Asset impairment charges - restructuring 289 193
Provision for losses on accounts receivable 352 93
Amortization of debt discounts and issuance costs 654 680
Deferred income taxes 2,883 321
(Gain) loss on sale of assets and investments (154) 174
Change in assets and liabilities, net of assets and liabilities acquired:    
Increase in accounts receivable (53,132) (40)
Increase in inventories (59,478) (32,791)
(Increase) decrease in prepaid and other assets 329 (4,901)
Increase (decrease) in accounts payable, accrued liabilities, income taxes payable and operating lease liabilities (12,204) 5,074
Other changes, net 662 1,284
Net cash provided by (used in) operating activities - continuing operations (84,946) 12,315
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of property, plant and equipment (10,573) (9,022)
Acquired businesses, net of cash acquired 0 (2,242)
Proceeds from sale of investments 575 0
Proceeds from the sale of property, plant and equipment 29 53
Other, net 0 26
Net cash used in investing activities - continuing operations (9,969) (11,185)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid (5,260) (4,422)
Purchase of shares for treasury (10,886) (2,909)
Proceeds from long-term debt 10,815 40,791
Payments of long-term debt (2,500) (42,120)
Financing costs (753) (569)
Other, net (28) (68)
Net cash used in financing activities - continuing operations (8,612) (9,297)
CASH FLOWS FROM DISCONTINUED OPERATIONS:    
Net cash provided by operating activities 7,857 7,762
Net cash provided by (used in) investing activities (853) 14,900
Net cash provided by discontinued operations 7,004 22,662
Effect of exchange rate changes on cash and equivalents (910) 1,223
NET INCREASE (DECREASE) IN CASH AND EQUIVALENTS (97,433) 15,718
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 248,653 218,089
CASH AND EQUIVALENTS AT END OF PERIOD $ 151,220 $ 233,807