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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 35,652 $ 225,274
Net income from discontinued operations 0 (97,628)
Adjustments to reconcile net income to net cash provided by (used in) operating activities of continuing operations:    
Depreciation and amortization 50,036 47,021
Stock-based compensation 28,587 15,978
Intangible asset impairment 100,000 0
Asset impairment charges - restructuring 59,118 2,494
Provision for losses on accounts receivable 689 1,008
Amortization of debt discounts and issuance costs 3,068 2,753
Debt extinguishment, net 0 5,287
Fair value step-up of acquired inventory sold 0 5,401
Deferred income tax provision (benefit) (25,744) 1,465
Gain on sale of assets and investments (10,852) (303)
Change in assets and liabilities, net of assets and liabilities acquired:    
(Increase) decrease in accounts receivable 6,236 (81,825)
(Increase) decrease in inventories 84,190 (135,473)
(Increase) decrease in prepaid and other assets 1,887 (13,388)
Decrease in accounts payable, accrued liabilities, income taxes payable and operating lease liabilities (36,945) (44,864)
Other changes, net 13,081 1,799
Net cash provided by (used in) operating activities - continuing operations 309,003 (65,001)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of property, plant and equipment (20,183) (33,516)
Acquired businesses, net of cash acquired 0 (851,464)
Proceeds (payments) from sale of business, net (2,568) 295,712
Proceeds from investments 0 14,923
Proceeds from the sale of property, plant and equipment 11,840 89
Net cash used in investing activities - continuing operations (10,911) (574,256)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid (127,372) (14,906)
Purchase of shares for treasury (98,350) (10,886)
Proceeds from long-term debt 102,558 984,314
Payments of long-term debt (139,244) (427,883)
Financing costs 0 (17,065)
Other, net (152) 188
Net cash provided by ( used in) financing activities - continuing operations (262,560) 513,762
CASH FLOWS FROM DISCONTINUED OPERATIONS:    
Net cash provided by (used in) operating activities (2,799) 26,889
Net cash used in investing activities 0 (2,627)
Net cash provided by (used in) discontinued operations (2,799) 24,262
Effect of exchange rate changes on cash and equivalents (1,127) (2,733)
NET INCREASE (DECREASE) IN CASH AND EQUIVALENTS 31,606 (103,966)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 120,184 248,653
CASH AND EQUIVALENTS AT END OF PERIOD $ 151,790 $ 144,687