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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 02, 2021
Oct. 03, 2020
Sep. 28, 2019
CASH FLOWS FROM OPERATING ACTIVITIES      
Net earnings $ 157,220 $ 9,205 $ 174,548
Adjustments to reconcile net earnings to net cash provided (used) by operating activities:      
Depreciation 76,671 74,243 71,926
Amortization 13,488 12,729 13,334
Deferred income taxes 8,162 (40,845) (4,598)
Equity-based compensation expense 7,461 5,661 6,464
Impairment of long-lived assets and inventory write-down 1,500 60,547 0
Pension settlement 0 121,324 0
Other 745 9,636 4,239
Changes in assets and liabilities providing (using) cash:      
Receivables (73,459) 111,525 (79,887)
Inventories 19,576 (99,015) (96,652)
Accounts payable 20,520 (84,065) 52,499
Contract Advances 59,298 65,680 (14,432)
Accrued expenses 2,290 (3,516) 19,758
Accrued income taxes 4,653 (17,964) 3,818
Net pension and post retirement liabilities 12,503 33,305 32,529
Other assets and liabilities (17,402) 20,727 (2,123)
Net cash provided by operating activities 293,226 279,177 181,423
CASH FLOWS FROM INVESTING ACTIVITIES      
Acquisitions of businesses, net of cash acquired (77,600) (54,265) 0
Purchase of property, plant and equipment (128,734) (88,284) (118,422)
Other investing transactions 15,177 (3,644) 2,702
Net cash (used) by investing activities (191,157) (146,193) (115,720)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net short-term borrowings (repayments) 0 0 (3,653)
Proceeds from revolving lines of credit 799,950 1,151,550 971,658
Payments on revolving lines of credit (838,936) (1,187,159) (998,726)
Proceeds from long-term debt 78,700 15,128 0
Payments on long-term debt (68,080) (74,470) (411)
Proceeds from senior notes, net of issuance costs 0 491,769 0
Payments on senior notes 0 (300,000) 0
Payments on finance lease obligations (2,156) (1,167) 0
Payment of dividends (32,106) (25,210) (34,857)
Proceeds from sale of treasury stock 10,866 7,014 5,268
Purchase of outstanding shares for treasury (31,673) (232,290) (40,955)
Proceeds from sale of stock held by SECT 679 24,721 13,990
Purchase of stock held by SECT (4,239) (6,774) (15,288)
Proceeds From Sale Of Stock Held By SERP 0 0 4,293
Other financing transactions 0 (5,878) 0
Net cash (used) by financing activities (86,995) (142,766) (98,681)
Effect of exchange rate changes on cash 768 2,306 (2,180)
Decrease in cash, cash equivalents and restricted cash 15,842 (7,476) (35,158)
Cash, cash equivalents and restricted cash at beginning of year 85,072 92,548 127,706
Cash, cash equivalents and restricted cash at end of year 100,914 85,072 92,548
SUPPLEMENTAL CASH FLOW INFORMATION      
Interest paid 35,220 38,420 38,864
Income taxes paid, net of refunds 44,043 59,053 36,474
Treasury shares issued as compensation 10,751 9,063 11,795
Equipment acquired through financing $ 14,984 $ 24,904 $ 216