XML 25 R7.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Cash Flows
$ in Thousands
12 Months Ended
Sep. 30, 2022
USD ($)
Sep. 30, 2021
USD ($)
Sep. 30, 2020
USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 334,702 $ 202,980 $ (153,741)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 170,886 176,400 237,376
Equity in earnings of unconsolidated joint ventures (46,303) (39,104) (23,279)
Distribution of earnings from unconsolidated joint ventures 27,175 46,358 90,158
Non-cash stock compensation 38,471 44,742 54,229
Prepayment premium on redemption of unsecured senior notes   117,500 16,986
Impairment of long-lived assets   105,194 336,472
Loss (gain) on sale of discontinued operations 48,095 52,532 (161,900)
Foreign currency translation (31,529) (42,728) (31,919)
Deferred income tax expense (benefit) 22,821 (48,265) 11,130
Other 15,295 16,063 32,028
Changes in operating assets and liabilities:      
Accounts receivable and contract assets 236,605 533,006 (136,955)
Prepaid expenses and other assets 132,003 (100,526) (31,815)
Accounts payable (102,873) (250,142) (192,980)
Accrued expenses and other current liabilities 48,019 (84,073) 118,441
Contract liabilities (7,434) 103,999 128,312
Other long-term liabilities (172,297) (129,266) 37,079
Net cash provided by operating activities 713,636 704,670 329,622
CASH FLOWS FROM INVESTING ACTIVITIES:      
(Payments for) proceeds from sale of discontinued operations, net of cash disposed (42,261) (265,876) 2,218,866
Investment in unconsolidated joint ventures (26,672) (57,388) (111,077)
Return of investment in unconsolidated joint ventures 11,723 8,110 28,047
Proceeds from sale of investments 10,242 15,507 12,392
Proceeds from disposal of property and equipment 8,951 14,822 3,800
Payments for capital expenditures (137,017) (136,262) (114,591)
Net cash used in by investing activities (175,034) (421,087) 2,037,437
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from borrowings under credit agreements 3,618,585 3,638,916 4,452,078
Repayments of borrowings under credit agreements (3,657,308) (2,726,347) (5,568,320)
Redemption of unsecured senior notes   (797,252) (248,522)
Prepayment premium on redemption of unsecured senior notes   (117,500) (16,986)
Cash paid for debt issuance costs (155) (11,280) (4,228)
Dividends paid (63,288)    
Proceeds from issuance of common stock 26,666 25,686 26,388
Proceeds from exercise of stock options   4,038  
Payments to repurchase common stock (472,970) (867,091) (186,953)
Net distributions to noncontrolling interests (12,395) (10,274) (60,642)
Other financing activities (27,450) (11,429) (20,785)
Net cash used in financing activities (588,315) (872,533) (1,627,970)
EFFECT OF EXCHANGE RATE CHANGES ON CASH (8,307) 5,493 (1,194)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (58,020) (583,457) 737,895
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 1,234,792 1,818,249 1,080,354
CASH AND CASH EQUIVALENTS AT END OF YEAR 1,176,772 1,234,792 1,818,249
LESS: CASH AND CASH EQUIVALENTS INCLUDED IN CURRENT ASSETS HELD FOR SALE (4,563) (5,596) (109,917)
CASH AND CASH EQUIVALENTS OF CONTINUING OPERATIONS AT END OF YEAR 1,172,209 1,229,196 1,708,332
SUPPLEMENTAL CASH FLOW INFORMATION:      
Interest paid (104,644) (255,679) (201,402)
Net income taxes paid $ (104,742) $ (114,464) $ (71,031)