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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Apr. 02, 2022
Apr. 03, 2021
CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES:    
Net income $ 111,854 $ 95,058
Adjustments to reconcile net income to cash provided by (used in) operating activities:    
Depreciation and amortization 55,032 54,831
Stock-based compensation expense 18,362 17,432
Deferred income taxes 11,071 13,641
Other, net (1,903) (19)
Changes in operating assets and liabilities, net of amounts acquired:    
Accounts receivable (79,705) (79,166)
Contract assets (68,545) 61,626
Inventories (403,396) 75,303
Prepaid expenses and other assets (11,334) 1,359
Accounts payable 357,176 (99,525)
Accrued liabilities 158,661 2,360
Cash provided by operating activities 147,273 142,900
CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (52,650) (25,718)
Proceeds from Sale of Property, Plant, and Equipment 8,025 178
Purchases of investments (1,000) 0
Cash used in investing activities (45,625) (25,540)
CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES:    
Repayment of Long-term Debt, Long-term Lease Obligation, and Capital Security (9,376) (9,376)
Proceeds from revolving credit facility borrowings 202,800 399,600
Repayments of revolving credit facility borrowings (202,800) (399,600)
Net proceeds from stock issuances 1,402 2,073
Repurchases of common stock (182,321) (15,047)
Cash used in financing activities (190,295) (22,350)
Effect of exchange rate changes (1,486) (360)
Increase (decrease) in cash and cash equivalents (90,133) 94,650
Cash and cash equivalents at beginning of period 650,026 480,526
Cash and cash equivalents at end of period 559,893 575,176
Cash paid during the period for:    
Interest, net of capitalized interest 7,533 3,082
Income taxes, net of refunds 17,052 18,675
Unpaid purchases of property, plant and equipment at the end of period $ 18,264 $ 10,693