XML 15 R6.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 42,177 $ 48,702
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 14,823 17,113
Stock-based compensation 6,417 6,742
Asset impairment charges - restructuring 8,482 0
Provision for losses on accounts receivable 562 482
Amortization of debt discounts and issuance costs 1,056 1,023
Gain on sale of assets and investments (550) (10,923)
Change in assets and liabilities:    
Decrease in accounts receivable 14,491 13,689
Decrease in inventories 24,623 22,931
(Increase) decrease in prepaid and other assets (3,631) 100
Increase (decrease) in accounts payable, accrued liabilities, income taxes payable and operating lease liabilities 36,491 (26,333)
Other changes, net 1,117 1,954
Net cash provided by operating activities 146,058 75,480
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of property, plant and equipment (14,330) (4,726)
Payments related to sale of business 0 (2,568)
Proceeds from the sale of property, plant and equipment 787 11,815
Net cash provided by (used in) investing activities (13,543) 4,521
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid (9,965) (7,126)
Purchase of shares for treasury (81,449) (12,735)
Proceeds from long-term debt 31,500 29,823
Payments of long-term debt (63,860) (87,539)
Financing costs (114) (744)
Other, net (59) (42)
Net cash used in financing activities (123,947) (78,363)
CASH FLOWS FROM DISCONTINUED OPERATIONS:    
Net cash used in operating activities (2,926) (1,953)
Net cash used in discontinued operations (2,926) (1,953)
Effect of exchange rate changes on cash and equivalents 2,015 689
NET INCREASE IN CASH AND EQUIVALENTS 7,657 374
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 102,889 120,184
CASH AND EQUIVALENTS AT END OF PERIOD $ 110,546 $ 120,558