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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities:    
Net income $ 18,405 $ 8,160
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property, equipment and improvements 4,997 4,993
Amortization of intangible assets 20,449 23,638
Stock-based compensation 9,852 6,402
Deferred income tax provision (6,495) 2,363
Other (2,098) 1,045
Changes in operating assets and liabilities (net of acquisitions) (17,306) (15,385)
Net cash provided by operating activities 27,804 31,216
Investing activities:    
Acquisition of business, net of cash acquired 0 (347,553)
Purchase of property, equipment, improvements and certain other intangible assets (3,842) (4,218)
Net cash used in investing activities (3,842) (351,771)
Financing activities:    
Proceeds from long-term debt 0 350,000
Payments of Debt Issuance Costs 0 (13,443)
Payments on long-term debt (29,375) (129,369)
Proceeds from stock option plan transactions 2,616 6,739
Proceeds from employee stock purchase plan transactions 1,689 1,100
Taxes paid for net share settlement of share-based payment options and awards (3,850) (6,476)
Net cash provided by financing activities (28,920) 208,551
Effect of exchange rate changes on cash and cash equivalents (362) 1,087
Net (decrease) increase in cash and cash equivalents (5,320) (110,917)
Cash and cash equivalents, beginning of period 34,900 152,432
Cash and cash equivalents, end of period 29,580 41,515
Supplemental schedule of non-cash investing and financing activities    
Interest Paid 20,519 9,415
Income Taxes Paid, Net 4,666 4,666
Transfer of inventory to property, equipment and improvements (3,175) (1,742)
Accrual for purchase of property, equipment, improvements and certain other intangible assets $ (157) $ (69)