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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Mar. 28, 2020
Mar. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 25,365 $ 3,962
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9,528 10,006
Equity-based compensation and employee benefits 7,330 7,175
Adjustment for doubtful accounts (95) (385)
Adjustment for inventory valuation 2,176 1,164
Deferred income taxes 1,081 (665)
Loss on disposal of property, plant and equipment 808 4
Unrealized foreign currency translation 842 270
Share of results of equity-method investee 100 72
Changes in operating assets and liabilities:    
Accounts and other receivable (3,821) 104,898
Inventories (19,013) 11,421
Prepaid expenses and other current assets (8,721) 1,235
Accounts payable, accrued expenses and other current liabilities 29,645 (54,850)
Income tax payable (5,958) (1,341)
Other, net (184) 369
Net cash provided by operating activities 39,083 83,335
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (4,691) (6,311)
Purchase of equity investments (1,288) (5,000)
Purchase of short-term investments (169,000) (340,000)
Maturity of short-term investments 150,000 425,000
Net cash (used in)/provided by investing activities (24,979) 73,689
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment on debts 0 (378)
Payment for finance lease (28) 0
Repurchase of common stock (25,194) (52,606)
Common stock cash dividends paid (15,233) (16,112)
Proceeds from short term debt 54,713 10,004
Net cash provided by/(used in) financing activities 14,258 (59,092)
Effect of exchange rate changes on cash and cash equivalents (239) 257
Changes in cash, cash equivalents and restricted cash 28,123 98,189
Cash and cash equivalents at beginning of period 364,184 321,148
Cash and cash equivalents at end of period 392,307 419,337
CASH PAID FOR:    
Interest Paid, Excluding Capitalized Interest, Operating Activities 26 505
Income taxes, net of refunds $ 8,987 $ 16,689