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Consolidated Condensed Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jul. 03, 2021
Jun. 27, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net earnings $ 122,652 $ 87,182
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 56,806 55,859
Amortization 10,000 9,847
Deferred income taxes 4,161 (10,766)
Equity-based compensation expense 6,420 4,661
Impairment of long-lived assets and inventory write-down 0 50,666
Other (2,781) 6,831
Changes in assets and liabilities providing (using) cash:    
Receivables (21,329) 63,272
Inventories 9,509 (86,050)
Accounts payable (17,530) (85,136)
Contract advances 54,414 73,040
Accrued expenses 3,503 1,827
Accrued income taxes 14,776 (20,555)
Net pension and post retirement liabilities 8,380 24,706
Other assets and liabilities (18,401) 12,463
Net cash provided by operating activities 230,580 187,847
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisitions of businesses, net of cash acquired (77,600) (54,265)
Purchase of property, plant and equipment (88,573) (70,423)
Other investing transactions 3,615 (3,429)
Net cash used by investing activities (162,558) (128,117)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from revolving lines of credit 653,500 977,850
Payments on revolving lines of credit (651,986) (968,459)
Proceeds from long-term debt 42,300 6,935
Payments on long-term debt (55,891) (52,253)
Proceeds from senior notes, net of issuance costs 0 491,769
Payments on senior notes 0 (300,000)
Payments on finance lease obligations (1,588) (730)
Payment of dividends (24,081) (17,049)
Proceeds from sale of treasury stock 4,603 3,199
Purchase of outstanding shares for treasury (26,702) (191,961)
Proceeds from sale of stock held by SECT 679 17,082
Purchase of stock held by SECT (3,535) (6,241)
Other financing transactions 0 (5,879)
Net cash used by financing activities (62,701) (45,737)
Effect of exchange rate changes on cash 1,265 (932)
Increase in cash, cash equivalents and restricted cash 6,586 13,061
Cash, cash equivalents and restricted cash at beginning of period 85,072 92,548
Cash, cash equivalents and restricted cash at end of period 91,658 105,609
SUPPLEMENTAL CASH FLOW INFORMATION    
Treasury shares issued as compensation 10,751 9,063
Equipment and property acquired through lease financing $ 9,878 $ 16,192