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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 106,320 $ (13,553)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 29,903 34,367
Stock-based compensation 12,674 13,335
Intangible asset impairment 0 100,000
Asset impairment charges - restructuring 8,482 59,118
Provision for losses on accounts receivable 904 343
Amortization of debt discounts and issuance costs 2,113 2,045
Deferred income tax provision (benefit) 0 (25,744)
Gain on sale of assets and investments (1,075) (10,852)
Increase in accounts receivable (33,503) (19,431)
Decrease in inventories 56,250 64,582
(Increase) decrease in prepaid and other assets (5,766) 3,451
Increase (decrease) in accounts payable, accrued liabilities, income taxes payable and operating lease liabilities 7,979 (51,409)
Other changes, net 1,579 5,384
Net cash provided by operating activities 185,860 161,636
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of property, plant and equipment (33,289) (11,837)
Payments related to sale of business 0 (2,568)
Proceeds from the sale of property, plant and equipment 1,272 11,834
Net cash used in investing activities (32,017) (2,571)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid (21,676) (12,824)
Purchase of shares for treasury (222,421) (12,989)
Proceeds from long-term debt 179,500 45,419
Payments of long-term debt (67,184) (119,110)
Other, net (262) (127)
Net cash used in financing activities (132,043) (99,631)
CASH FLOWS FROM DISCONTINUED OPERATIONS:    
Net cash used in operating activities (3,273) (2,598)
Net cash used in discontinued operations (3,273) (2,598)
Effect of exchange rate changes on cash and equivalents 1,614 (1,428)
NET INCREASE IN CASH AND EQUIVALENTS 20,141 55,408
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 102,889 120,184
CASH AND EQUIVALENTS AT END OF PERIOD $ 123,030 $ 175,592