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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jun. 28, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income $ 129,234 $ 147,227
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 19,066 21,293
Equity in income of unconsolidated joint ventures (5,200) (2,455)
Distributions of earnings from unconsolidated joint ventures 5,280 1,789
Amortization of stock-based awards 13,494 12,717
Deferred income taxes 2,767 (26,146)
Provision for doubtful accounts 5,145 16,489
Fair value adjustments to contingent consideration (1,521) 28
Gain on sale of property and equipment (9,693) (278)
Changes in operating assets and liabilities, net of effects of business acquisitions:    
Accounts receivable and contract assets 144,212 (41,299)
Prepaid expenses and other assets 1,566 (13,076)
Accounts payable (98,029) 16,865
Accrued compensation (39,978) (25,540)
Contract liabilities 17,328 (1,946)
Other liabilities 10,305 12,630
Income taxes receivable/payable 574 (4,913)
Net cash provided by operating activities 194,550 113,385
Cash flows from investing activities:    
Payments for business acquisitions, net of cash acquired (28,505) (35,884)
Capital expenditures (9,360) (9,999)
Proceeds from sale of property and equipment 17,162 1,226
Net cash used in investing activities (20,703) (44,657)
Cash flows from financing activities:    
Proceeds from borrowings 298,364 325,685
Repayments on long-term debt (297,856) (265,982)
Repurchases of common stock (102,188) (75,000)
Taxes paid on vested restricted stock (11,143) (6,836)
Stock options exercised 8,263 7,759
Dividends paid (25,590) (21,489)
Payments of contingent earn-out liabilities (22,434) (11,443)
Net cash used in financing activities (152,584) (47,306)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (334) (512)
Net increase in cash, cash equivalents and restricted cash 20,929 20,910
Cash, cash equivalents and restricted cash at beginning of period 120,901 148,884
Cash, cash equivalents and restricted cash at end of period 141,830 169,794
Cash paid during the period for:    
Interest 9,738 9,426
Income taxes, net of refunds received of $1.4 million and $4.5 million 30,259 44,058
Reconciliation of cash, cash equivalents and restricted cash:    
Total cash, cash equivalents and restricted cash $ 141,830 $ 169,794