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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 48,702 $ 19,298
Net income from discontinued operations 0 (2,594)
Adjustments to reconcile net income to net cash provided by (used in) operating activities of continuing operations:    
Depreciation and amortization 17,113 13,081
Stock-based compensation 6,742 4,867
Asset impairment charges - restructuring 0 289
Provision for losses on accounts receivable 482 352
Amortization of debt discounts and issuance costs 1,023 654
Deferred income taxes 0 2,883
Gain on sale of assets and investments (10,923) (154)
Change in assets and liabilities, net of assets and liabilities acquired:    
(Increase) decrease in accounts receivable 13,689 (53,030)
(Increase) decrease in inventories 22,931 (59,478)
Increase in prepaid and other assets 100 329
Decrease in accounts payable, accrued liabilities, income taxes payable and operating lease liabilities (26,333) (12,164)
Other changes, net 1,954 662
Net cash provided by (used in) operating activities - continuing operations 75,480 (85,005)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of property, plant and equipment (4,726) (10,573)
Payments related to sale of Telephonics (2,568) 0
Proceeds from investments 0 575
Proceeds from the sale of property, plant and equipment 11,815 29
Net cash provided by (used in) investing activities - continuing operations 4,521 (9,969)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid (7,126) (5,260)
Purchase of shares for treasury (12,735) (10,886)
Proceeds from long-term debt 29,823 10,815
Payments of long-term debt (87,539) (2,500)
Financing costs (744) (753)
Other, net (42) (28)
Net cash used in financing activities - continuing operations (78,363) (8,612)
CASH FLOWS FROM DISCONTINUED OPERATIONS:    
Net cash provided by (used in) operating activities (1,953) 7,916
Net cash used in investing activities 0 (853)
Net cash provided by (used in) discontinued operations (1,953) 7,063
Effect of exchange rate changes on cash and equivalents 689 (910)
NET INCREASE (DECREASE) IN CASH AND EQUIVALENTS 374 (97,433)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 120,184 248,653
CASH AND EQUIVALENTS AT END OF PERIOD $ 120,558 $ 151,220