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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:      
Net earnings $ 63,496 $ 99,411 $ 81,039
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Net earnings from discontinued operations, net of tax   (76,515) (3,550)
Depreciation and amortization 42,049 41,338 35,995
Stock compensation expense 6,914 5,550 5,088
Changes in assets and liabilities 15,671 26,585 (6,649)
Gain on sale of building and land (1,950)   (8,922)
Effect of deferred taxes on tax provision (3,041) (2,785) 61
Pension contributions   (25,650) (2,500)
Pension plan termination charge   40,600  
Net cash provided by operating activities - continuing operations 123,139 108,534 100,562
Net cash (used) provided by discontinued operations   (26,254) 4,575
Net cash provided by operating activities 123,139 82,280 105,137
Cash flows from investing activities:      
Acquisition of business, net of cash acquired (168,903)   (95,840)
Capital expenditures (26,705) (32,108) (24,229)
Additions to capitalized software (8,783) (9,023) (8,374)
Proceeds from sale of building and land 1,950   17,201
Net cash used by investing activities - continuing operations (202,441) (41,131) (111,242)
Net cash provided (used) by investing activities - discontinued operations   182,084 (13,903)
Net cash (used) provided by investing activities (202,441) 140,953 (125,145)
Cash flows from financing activities:      
Proceeds from long-term debt 216,000 12,368 130,000
Principal payments on long-term debt (124,368) (235,000) (65,000)
Dividends paid (8,336) (8,323) (8,302)
Debt issuance costs     (1,071)
Other (1,823) (3,125) (3,371)
Net cash provided (used) by financing activities - continuing operations 81,473 (234,080) 52,256
Net cash used by financing activities - discontinued operations   (2,140) (2,472)
Net cash provided (used) by financing activities 81,473 (236,220) 49,784
Effect of exchange rate changes on cash and cash equivalents 1,501 3,739 1,555
Net increase (decrease) in cash and cash equivalents 3,672 (9,248) 31,331
Cash and cash equivalents at beginning of year 52,560 61,808 30,477
Cash and cash equivalents at end of year 56,232 52,560 61,808
Changes in assets and liabilities:      
Accounts receivable, net 11,266 14,633 (8,722)
Contract assets 531 15,909 (57,177)
Inventories 612 (10,340) 7,109
Other assets and liabilities (477) (8,609) 7,708
Accounts payable (688) (13,275) 10,716
Contract liabilities 8,263 19,374 32,142
Accrued expenses (3,836) 8,893 1,575
Changes in assets and liabilities 15,671 26,585 (6,649)
Supplemental cash flow information:      
Interest paid 590 5,869 8,076
Income taxes paid (including state & foreign) $ 26,054 $ 37,714 $ 26,084