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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES - CONTINUING OPERATIONS:      
Net income (loss) $ (191,558) $ 79,211 $ 53,429
Net income from discontinued operations (96,157) (8,909) (11,985)
Adjustments to reconcile net income to net cash provided by operating activities of continuing operations:      
Depreciation and amortization 64,658 52,302 52,100
Fair value write-up of acquired inventory sold 5,401 0 0
Stock-based compensation 33,135 20,088 17,580
Goodwill and intangible asset impairments 517,027 0 0
Asset impairment charges - restructuring 4,831 6,655 4,692
Provision for losses on accounts receivable 1,416 501 1,332
Amortization of deferred financing costs and debt discounts 3,775 2,640 3,661
Debt extinguishment, net 4,529 0 7,925
Deferred income tax (56,706) 13,763 2,122
(Gain)/ loss on sale/disposal of assets and investments (469) 231 (287)
Change in assets and liabilities, net of assets and liabilities acquired:      
Increase in accounts receivable (20,662) (7,002) (72,463)
Increase in inventories (106,753) (154,515) 23,262
Increase in prepaid and other assets (20,005) (9,598) (15,878)
Increase (decrease) in accounts payable, accrued liabilities and income taxes payable (96,372) 72,773 40,381
Other changes, net 13,150 1,668 1,017
Net cash provided by operating activities - continuing operations 59,240 69,808 106,888
CASH FLOWS FROM INVESTING ACTIVITIES - CONTINUING OPERATIONS:      
Acquisition of property, plant and equipment (42,488) (36,951) (41,168)
Acquired business, net of cash acquired (851,464) (2,242) (10,531)
Proceeds (payments) from investments 14,923 (17,211) (130)
Proceeds from sale of business 295,712 0 0
Proceeds from sale of property, plant and equipment 90 237 352
Net cash used in investing activities - continuing operations (583,227) (56,167) (51,477)
CASH FLOWS FROM FINANCING ACTIVITIES - CONTINUING OPERATIONS:      
Proceeds from issuance of common stock 0 0 178,165
Dividends paid (126,677) (17,139) (14,529)
Purchase of shares for treasury (10,886) (3,357) (7,479)
Proceeds from long-term debt 1,058,909 20,912 1,240,080
Payments of long-term debt (511,194) (27,833) (1,308,915)
Financing costs (17,065) (571) (17,384)
Contingent consideration for acquired businesses 0 0 (1,733)
Other, net 258 (257) (15)
Net cash provided by (used) in financing activities - continuing operations 393,345 (28,245) 68,190
CASH FLOWS FROM DISCONTINUED OPERATIONS:      
Net cash provided by operating activities 10,198 41,961 27,121
Net cash provided by (used in) investing activities (2,627) 6,751 (7,387)
Net cash provided by discontinued operations 7,571 48,712 19,734
Effect of exchange rate changes on cash and equivalents (5,398) (3,544) 2,377
NET INCREASE (DECREASE) IN CASH AND EQUIVALENTS (128,469) 30,564 145,712
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 248,653 218,089 72,377
CASH AND EQUIVALENTS AT END OF PERIOD 120,184 248,653 218,089
Supplemental Disclosure of Cash Flow Information:      
Cash paid for interest 78,274 60,781 63,139
Cash paid for taxes $ 80,264 $ 41,216 $ 21,016