XML 23 R7.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2023
Sep. 24, 2022
Sep. 25, 2021
Operating activities:      
Net earnings $ 78,906 $ 47,235 $ 55,607
Adjustments to reconcile net earnings to net cash provided by operating activities      
Depreciation of fixed assets 56,616 49,669 46,781
Amortization of intangibles and deferred costs 6,525 3,454 2,610
Intangible asset impairment charges 1,678 1,010 1,273
(Gains) Losses from disposals of property & equipment (409) 220 (231)
Share-based compensation 5,318 4,269 4,199
Deferred income taxes 10,935 8,829 (2,896)
(Gain) Loss on marketable securities (8) 315 (1,026)
Other 323 (95) 77
Changes in assets and liabilities, net of effects from purchase of companies      
Decrease (Increase) in accounts receivable 11,399 (32,778) (35,755)
Decrease (Increase) in inventories 9,475 (49,431) (14,155)
Decrease (Increase) in prepaid expenses 5,924 (9,343) 9,629
(Decrease) Increase in accounts payable and accrued liabilities (14,403) 2,708 35,386
Net cash provided by operating activities 172,279 26,062 101,499
Investing activities:      
Payments for purchases of companies, net of cash acquired 0 (221,301) 0
Purchases of property, plant and equipment (104,737) (87,291) (53,578)
Proceeds from redemption and sales of marketable securities 9,716 12,026 60,891
Proceeds from disposal of property and equipment 1,781 399 2,435
Other 0 0 191
Net cash (used in) provided by investing activities (93,240) (296,167) 9,939
Financing activities:      
Proceeds from issuance of stock 15,212 16,160 20,256
Borrowings under credit facility 114,000 125,000 0
Repayment of borrowings under credit facility (142,000) (70,000) 0
Payments for debt issuance costs 0 (225) 0
Payments on finance lease obligations (180) (279) (144)
Payment of cash dividend (53,877) (48,437) (44,785)
Net cash (used in) provided by financing activities (66,845) 22,219 (24,673)
Effect of exchange rates on cash and cash equivalents 2,206 (125) 618
Net increase (decrease) in cash and cash equivalents 14,400 (248,011) 87,383
Cash and cash equivalents at beginning of period 35,181 283,192 195,809
Cash and cash equivalents at end of period $ 49,581 $ 35,181 $ 283,192