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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities      
Net income $ 64,853 $ 437,416 $ 116,464
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 65,496 54,454 37,429
Allowance for Loan and Lease Losses, Write-offs   285  
Stock-based compensation 16,317 20,113 19,822
Amortization of premium on marketable securities and deferred financing costs 233 1,121 710
Earnings of equity method investments   (6,188) (6,788)
Loss recovery on insurance claim     (1,103)
Deferred income taxes (5,407) (15,161) (45,217)
Loss on extinguishment of debt   14,339  
Other losses on disposals of assets 226 209 (758)
Loss (gain) on sale of divestiture, net of tax 319 (408,575)  
Contingent transaction fees paid stemming from divestiture   (13,388)  
Taxes paid stemming from divestiture (91,500)    
Changes in operating assets and liabilities, net of acquisitions and divestiture:      
Accounts receivable (18,755) (11,445) (28,463)
Inventories (13,144) (2,933) (24,365)
Prepaid expenses and other assets 25,642 (16,009) (3,676)
Accounts payable 792 4,695 5,457
Deferred revenue (139) 4,213 2,791
Accrued warranty and retrofit costs 760 1,109 (157)
Accrued compensation and tax withholdings 11,097 (6,453) 5,978
Accrued restructuring costs (865) 399 (1,080)
Proceeds from recovery on insurance claim   1,082  
Accrued expenses and other liabilities (18,059) 31,615 (3,080)
Net cash provided by operating activities 37,866 90,898 73,964
Cash flows from investing activities      
Purchases of property, plant and equipment (39,924) (23,861) (12,787)
Purchases of marketable securities (10,894) (35,225) (69,692)
Sales of marketable securities 2,492 48,903 1,584
Maturities of marketable securities 42,328 2,557 17,482
Acquisitions, net of cash acquired (15,744) (442,704) (85,755)
Issuance of a note receivable (1,000)    
Proceeds from sales of property, plant and equipment     200
Proceeds from other investments     500
Proceeds from divestiture   661,642  
Net cash (used in) provided by investing activities (22,742) 211,312 (148,468)
Cash flows from financing activities      
Proceeds from term loans, net of discount   686,386 197,554
Proceeds from issuance of common stock 4,595 3,422 2,826
Payments of financing costs   (687) (318)
Principal payments on debt (828) (850,190) (1,500)
Payments of finance leases (1,277) (1,197)  
Common stock dividends paid (29,513) (28,895) (28,285)
Net cash (used in) provided by financing activities (27,023) (191,161) 170,277
Effects of exchange rate changes on cash and cash equivalents 9,254 (3,586) 313
Net (decrease) increase in cash, cash equivalents and restricted cash (2,645) 107,463 96,086
Cash, cash equivalents and restricted cash, beginning of period 305,171 197,708 101,622
Cash, cash equivalents and restricted cash, end of period 302,526 305,171 197,708
Supplemental disclosures:      
Cash paid for interest 2,159 20,799 6,537
Cash paid for income taxes, net $ 102,010 $ 16,990 $ 21,051