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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net earnings $ 43,131 $ 123,286
Earnings from discontinued operations   (76,013)
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 30,259 31,066
Stock compensation expense 5,386 4,184
Changes in assets and liabilities 2,520 (20,926)
Gain on sale of building and land (1,950)  
Pension contributions   (10,000)
Effect of deferred taxes (3,946) 2,155
Net cash provided by operating activities - continuing operations 75,400 53,752
Net cash used by operating activities - discontinued operations   (14,737)
Net cash provided by operating activities 75,400 39,015
Cash flows from investing activities:    
Acquisition of business, net of cash acquired (6,684)  
Proceeds from sale of building and land 1,950  
Additions to capitalized software (6,500) (6,564)
Capital expenditures (17,887) (28,291)
Net cash used by investing activities - continuing operations (29,121) (34,855)
Proceeds from sale of discontinued operations   183,812
Capital expenditures - discontinued operations   (1,728)
Net cash provided by investing activities - discontinued operations   182,084
Net cash (used) provided by investing activities (29,121) 147,229
Cash flows from financing activities:    
Proceeds from long-term debt and short-term borrowings 80,000 11,577
Principal payments on long-term debt and short-term borrowings (94,368) (145,000)
Dividends paid (6,251) (6,240)
Other (1,672) (3,127)
Net cash used by financing activities - continuing operations (22,291) (142,790)
Net cash used by financing activities - discontinued operations   (2,140)
Net cash used by financing activities (22,291) (144,930)
Effect of exchange rate changes on cash and cash equivalents 1,811 1,617
Net (decrease) increase in cash and cash equivalents 25,799 42,931
Cash and cash equivalents, beginning of period 52,560 61,808
Cash and cash equivalents, end of period 78,359 104,739
Supplemental cash flow information:    
Interest paid 316 4,669
Income taxes paid (including state and foreign) $ 21,982 $ 23,435