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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities    
Net income $ 22,184 $ 17,836
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 33,079 26,339
Stock-based compensation 8,624 9,717
Amortization of premium on marketable securities and deferred financing costs 94 556
Earnings of equity method investments   (3,041)
Deferred income taxes (9,477) (12,472)
Loss on extinguishment of debt   9,051
Other losses on disposals of assets 125 34
Loss on sale of divestiture, net of tax 319  
Taxes paid stemming from divestiture (91,500)  
Changes in operating assets and liabilities, net of acquisitions and divestiture:    
Accounts receivable (12,670) (9,654)
Inventories (9,094) (9,992)
Prepaid expenses and other assets 5,374 1,938
Accounts payable 5,807 (6,088)
Deferred revenue (1,478) 5,410
Accrued warranty and retrofit costs 735 740
Accrued compensation and tax withholdings (522) (11,123)
Accrued restructuring costs (112) (57)
Proceeds from recovery on insurance claim   886
Accrued expenses and other liabilities 8,455 2,149
Net cash (used in) provided by operating activities (40,057) 22,229
Cash flows from investing activities    
Purchases of property, plant and equipment (21,170) (9,676)
Purchases of marketable securities (10,843) (1,290)
Sales of marketable securities 2,492 48,904
Maturities of marketable securities 42,226 2,557
Acquisitions, net of cash acquired (15,743) (442,704)
Issuance of a note receivable (1,000)  
Net cash used in investing activities (4,038) (402,209)
Cash flows from financing activities    
Proceeds from term loans, net of discount   686,386
Proceeds from issuance of common stock 2,330 1,548
Payments of financing costs   (687)
Principal payments on debt (414) (352,289)
Payments of capital leases (639) (487)
Common stock dividends paid (14,747) (14,429)
Net cash (used in) provided by financing activities (13,470) 320,042
Effects of exchange rate changes on cash and cash equivalents (1,803) (553)
Net decrease in cash, cash equivalents and restricted cash (59,368) (60,491)
Cash, cash equivalents and restricted cash, beginning of period 305,171 197,708
Cash, cash equivalents and restricted cash, end of period 245,803 137,217
Supplemental disclosure of non-cash investing and financing activities:    
Purchases of property, plant and equipment included in accounts payable $ 1,305 $ 1,670