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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Cash Flows from Operating Activities    
Net income $ 24,661 $ 41,589
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Stock-based compensation 4,689 3,290
Fair value adjustment to acquired inventory 984 0
Net periodic pension benefit cost 584 597
Depreciation and amortization 18,468 17,348
(Gain) loss on sale or disposal of property and equipment 510 159
Amortization of debt issuance costs 2,099 2,626
Deferred income taxes (1,243) (30,654)
Bad debt provision (recovery), net 503 1,201
Other 0 (111)
Changes in operating assets and liabilities    
Accounts receivable and unbilled accounts receivable (3,763) 24,174
Inventories, net (12,942) (14,441)
Prepaid expenses (4,106) (2,374)
Accounts payable (10,378) (901)
Accrued payroll and related costs (5,629) (11,921)
Advance payments from customers 4,653 5,891
Accrued warranty costs (671) 157
Other assets and liabilities 12,250 628
Net Cash Provided by (Used in) Operating Activities 30,669 37,258
Cash Flows from Investing Activities    
Purchases of property and equipment (9,349) (5,368)
Proceeds from sale of property and equipment 10 69
Purchases of business, net of acquired cash (81,826) 0
Other (285) 823
Net Cash Provided by (Used in) Investing Activities (91,450) (4,476)
Cash Flows from Financing Activities    
Proceeds from issuance of long-term debt 80,391 0
Payment of long-term debt (1,423) (45,949)
Payment of debt component of tangible equity units (4,818) (4,498)
Payment of debt issuance costs for revolving credit facility (542) 0
Receipts under short-term borrowings 30,000 7,750
Payments under short-term borrowings (30,000) (7,750)
Cash dividends (10,724) (10,667)
Proceeds from exercise of stock options and employee stock purchase plan 701 745
Payments to purchase and retire common stock (398) (757)
Net Cash Provided by (Used in) Financing Activities 63,187 (61,126)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (88) 3,989
Cash and Cash Equivalents    
Increase (decrease) during the period 2,318 (24,355)
Balance, beginning of period 71,804 108,733
Balance, end of period 74,122 84,378
Cash paid during the period for    
Interest 12,065 11,314
Income taxes 6,280 4,954
Non-cash investing and financing activities    
Dividends declared not yet paid $ 5,328 $ 5,291