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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 01, 2023
Oct. 02, 2022
Oct. 03, 2021
Cash flows from operating activities:      
Net income $ 273,452 $ 263,164 $ 232,831
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 61,206 27,033 23,805
Amortization of stock-based awards 28,607 26,227 23,067
Deferred income taxes (21,204) 2,175 (38,494)
Fair value adjustments to contingent consideration 12,255 329 (3,273)
Right-of-use operating lease asset impairment 16,385 0 0
Fair value adjustment to foreign currency forward contract (89,402) (19,904) 0
Other non-cash items 975 (1,245) (496)
Changes in operating assets and liabilities, net of effects of business acquisitions:      
Accounts receivable and contract assets (19,783) (89,781) 13,301
Prepaid expenses and other assets 78,686 69,697 (582)
Accounts payable (19,214) 17,099 13,551
Accrued compensation 37,094 27,458 5,425
Contract liabilities 44,152 55,915 13,407
Income taxes receivable/payable 40,527 14,627 13,090
Other liabilities (75,273) (56,606) 8,740
Net cash provided by operating activities 368,463 336,188 304,372
Cash flows from investing activities:      
Payments for business acquisitions, net of cash acquired (854,319) (49,124) (84,911)
Settlement of foreign currency forward contract 109,306 0 0
Capital expenditures (26,901) (10,582) (8,573)
Proceeds from sales of assets 715 3,966 492
Net cash used in investing activities (771,199) (55,740) (92,992)
Cash flows from financing activities:      
Proceeds from borrowings 994,859 161,456 370,222
Repayments on long-term debt (1,026,051) (117,080) (414,308)
Proceeds from issuance of convertible notes 575,000 0 0
Payments of debt issuance costs (14,451) 0 0
Capped call transactions (51,750) 0 0
Repurchases of common stock 0 (200,000) (60,000)
Taxes paid on vested restricted stock (16,833) (25,223) (17,630)
Payments of contingent earn-out liabilities (21,328) (20,124) (20,251)
Stock options exercised 626 1,806 11,250
Bank overdrafts 0 0 (36,627)
Dividends paid (52,113) (46,099) (40,041)
Principal payments on finance leases (5,579) (4,344) (2,714)
Net cash provided by (used in) financing activities 382,380 (249,608) (210,099)
Effect of exchange rate changes on cash and cash equivalents 4,093 (12,314) 7,772
Net (decrease) increase in cash and cash equivalents (16,263) 18,526 9,053
Cash and cash equivalents at beginning of year 185,094 166,568 157,515
Cash and cash equivalents at end of year 168,831 185,094 166,568
Cash paid during the year for:      
Interest 47,367 13,378 10,330
Income taxes, net of refunds received of $2.2 million, $4.8 million and $2.1 million $ 93,176 $ 70,799 $ 59,111