XML 44 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Jun. 28, 2014
Jun. 29, 2013
Cash flows from operating activities:    
Net income $ 31,068 $ 36,391
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 4,086 3,105
Excess tax benefits from stock-based compensation (1,010) (823)
Net periodic pension benefit cost 836 963
Depreciation and amortization 13,883 12,008
Deferred income taxes (829) 784
Bad debt provision (recovery) 502 (155)
Changes in operating assets and liabilities:    
Accounts and unbilled contracts receivable (663) (18,974)
Inventories (2,729) (11,733)
Prepaid expenses (657) (639)
Accounts payable (5,068) (5,512)
Accrued payroll and related costs 1,436 843
Advance payments from customers 5,131 (11,928)
Accrued warranty costs 449 1,137
Other assets and liabilities 2,571 (3,610)
Net cash provided by operating activities 49,006 1,857
Cash flows from investing activities:    
Purchases of property and equipment (16,004) (23,216)
Purchase of business, net of acquired cash (14,668)  
Net cash used in investing activities (30,672) (23,216)
Cash flows from financing activities:    
Receipts under short-term borrowings 30,000 9,708
Payments under short-term borrowings (448)  
Excess tax benefits from stock-based compensation 1,010 823
Cash dividends (13,714) (14,405)
Proceeds from exercise of stock options and employee stock purchase plan 3,616 4,251
Payments to purchase and retire common stock (30,756) (2,698)
Net cash used in financing activities (10,292) (2,321)
Effect of exchange rate on changes in cash 230 (2,604)
Net Increase (Decrease) in cash and cash equivalents 8,272 (26,284)
Cash and cash equivalents, at beginning of period 48,333 79,852
Cash and cash equivalents, at end of period 56,605 53,568
Cash paid during the period for -    
Interest 388 85
Income taxes 12,821 18,470
Non-cash financing activities:    
Accrued contingent consideration 2,000  
Dividends declared not yet paid $ 4,530 $ 4,607