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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Mar. 25, 2023
Mar. 26, 2022
Cash flows from operating activities:    
Net income $ 39,829 $ 79,482
Adjustments to reconcile net income to net cash used by operating activities:    
Depreciation and amortization 43,801 38,449
Amortization of deferred financing costs 1,349 1,316
Non-cash lease expense 25,369 23,532
Stock-based compensation 13,327 11,479
Debt extinguishment costs 0 169
Deferred income taxes 7,486 77,416
Other operating activities 136 (124)
Change in assets and liabilities (excluding businesses acquired):    
Accounts receivable (187,745) (234,146)
Inventories (27,152) (202,996)
Prepaid expenses and other assets (3,868) (84,983)
Accounts payable 15,421 51,195
Accrued expenses (462) (10,038)
Other long-term obligations (21) (64)
Operating lease liabilities (24,542) (22,768)
Net cash used by operating activities (97,072) (272,081)
Cash flows from investing activities:    
Additions to plant, property and equipment (30,228) (75,419)
Investments (500) (1,918)
Other investing activities (100) 100
Net cash used in investing activities (30,828) (77,237)
Cash flows from financing activities:    
Repayments of long-term debt (182) (889)
Borrowings under revolving line of credit 48,000 0
Repayments under revolving line of credit (23,000) 0
Repurchase of common stock, including shares surrendered for tax withholding (16,165) (18,752)
Payment of contingent consideration liability (12) (125)
Distribution to noncontrolling interest 0 (806)
Payment of financing costs 0 (2,442)
Net cash provided (used) by financing activities 8,641 (23,014)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 1,157 (432)
Net decrease in cash, cash equivalents and restricted cash (118,102) (372,764)
Cash, cash equivalents and restricted cash at beginning of period 192,184 439,522
Cash, cash equivalents and restricted cash at end of period 74,082 66,758
Supplemental information:    
Cash paid for interest 29,343 29,042
Cash paid for taxes 1,889 24,603
New operating lease right of use assets $ 13,776 $ 62,251