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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Oct. 02, 2021
CASH FLOWS FROM OPERATING ACTIVITIES      
Net earnings $ 170,998 $ 155,177 $ 157,220
Adjustments to reconcile net earnings to net cash provided (used) by operating activities:      
Depreciation 78,692 75,238 76,671
Amortization 11,541 13,151 13,488
Deferred income taxes (35,531) 11,739 8,162
Equity-based compensation expense 10,582 8,882 7,461
Loss on sale of businesses 900 3,346 1,536
Asset Impairment and Inventory Write-Down 18,973 21,651 1,500
Gain on sale of buildings (10,030) (9,075) 0
Pension settlement 12,542 0 0
Other 6,244 6,818 (791)
Changes in assets and liabilities providing (using) cash:      
Receivables (56,575) 7,668 (22,258)
Unbilled receivables (87,915) (94,535) (51,201)
Inventories (130,378) (28,677) 19,576
Accounts payable 28,641 43,349 20,520
Contract advances and progress billings 79,983 42,097 59,298
Accrued expenses (1,692) (4,445) 2,290
Accrued income taxes 22,869 3,070 4,653
Net pension and post retirement liabilities 13,940 18,093 12,503
Other assets and liabilities 2,151 (26,745) (17,402)
Net cash provided by operating activities 135,935 246,802 293,226
CASH FLOWS FROM INVESTING ACTIVITIES      
Acquisitions of businesses, net of cash acquired 0 (11,832) (77,600)
Purchase of property, plant and equipment (173,286) (139,431) (128,734)
Net proceeds from businesses sold 1,892 57,315 0
Net proceeds from buildings sold 19,702 13,297 14,675
Other investing transactions (11,455) (4,573) 502
Net cash used by investing activities (163,147) (85,224) (191,157)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from revolving lines of credit 1,044,101 840,475 799,950
Payments on revolving lines of credit (1,017,420) (827,801) (838,936)
Proceeds from long-term debt 0 0 78,700
Payments on long-term debt (916) (80,364) (68,080)
Payments on finance lease obligations (4,620) (2,524) (2,156)
Payment of dividends (34,074) (32,970) (32,106)
Proceeds from sale of treasury stock 19,785 18,414 10,866
Purchase of outstanding shares for treasury (29,306) (48,558) (31,673)
Proceeds from sale of stock held by SECT 15,713 13,250 679
Purchase of stock held by SECT (14,251) (14,830) (4,239)
Other financing transactions (2,027) 0 0
Net cash used by financing activities (23,015) (134,908) (86,995)
Effect of exchange rate changes on cash 2,043 (10,256) 768
Increase (decrease) in cash, cash equivalents and restricted cash (48,184) 16,414 15,842
Cash, cash equivalents and restricted cash at beginning of year 117,328 100,914 85,072
Cash, cash equivalents and restricted cash at end of year 69,144 117,328 100,914
SUPPLEMENTAL CASH FLOW INFORMATION      
Interest paid 63,193 34,765 35,220
Income taxes paid, net of refunds 69,253 24,047 44,043
Treasury shares issued as compensation 4,174 4,482 10,751
Assets acquired through lease financing $ 61,805 $ 36,897 $ 14,894