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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:    
Net earnings $ 17,317 $ 34,671
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 9,504 9,226
Stock compensation expense 1,373 1,353
Changes in assets and liabilities (7,912) 1,408
Change in property, plant and equipment due to gain on sale of building (8,922) 0
Effect of deferred taxes (3,258) (28,501)
Pension contributions 0 (360)
Net cash provided by operating activities 8,102 17,797
Cash flows from investing activities:    
Acquisition of business, net of cash acquired 0 (233)
Proceeds from sale of building and land 17,201 0
Additions to capitalized software (2,060) (2,083)
Capital expenditures (8,885) (3,606)
Net cash provided (used) by investing activities 6,256 (5,922)
Cash flows from financing activities:    
Proceeds from long-term debt and short-term borrowings 8,273 15,000
Principal payments on long-term debt (13,000) (30,000)
Dividends paid (2,073) (2,067)
Other (159) 17
Net cash (used) by financing activities (6,959) (17,050)
Effect of exchange rate changes on cash and cash equivalents (1,246) 1,259
Net increase (decrease) in cash and cash equivalents 6,153 (3,916)
Cash and cash equivalents, beginning of period 30,477 45,516
Cash and cash equivalents, end of period 36,630 41,600
Supplemental cash flow information:    
Interest paid 1,983 2,053
Income taxes paid (including state and foreign) $ 119 $ 1,025