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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net earnings $ 123,286 $ 56,181
Earnings from discontinued operations (76,013) (1,964)
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 31,066 25,802
Stock compensation expense 4,184 3,685
Changes in assets and liabilities (20,926) (42,528)
Change in property, plant and equipment due to gain on sale of building   (8,922)
Pension contributions (10,000) (2,500)
Effect of deferred taxes 2,155 1,983
Net cash provided by operating activities - continuing operations 53,752 31,737
Net cash (used) provided by operating activities - discontinued operations (14,737) 5,304
Net cash provided by operating activities 39,015 37,041
Cash flows from investing activities:    
Proceeds from sale of building and land   17,201
Additions to capitalized software (6,564) (6,207)
Capital expenditures (28,291) (15,280)
Net cash (used) provided by investing activities - continuing operations (34,855) (4,286)
Proceeds from sale of discontinued operations 183,812  
Acquisition of business - discontinued operations   (937)
Capital expenditures - discontinued operations (1,728) (11,177)
Net cash provided (used) by investing activities - discontinued operations 182,084 (12,114)
Net cash provided (used) by investing activities 147,229 (16,400)
Cash flows from financing activities:    
Proceeds from long-term debt and short-term borrowings 11,577 32,000
Principal payments on long-term debt (145,000) (35,000)
Dividends paid (6,240) (6,227)
Other (3,127) (3,230)
Net cash used by financing activities - continuing operations (142,790) (12,457)
Net cash (used) provided by financing activities - discontinued operations (2,140) 921
Net cash used by financing activities (144,930) (11,536)
Effect of exchange rate changes on cash and cash equivalents 1,617 (626)
Net increase in cash and cash equivalents 42,931 8,479
Cash and cash equivalents, beginning of period 61,808 30,477
Cash and cash equivalents, end of period 104,739 38,956
Supplemental cash flow information:    
Interest paid 4,669 5,556
Income taxes paid (including state and foreign) $ 23,435 $ 18,513