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CONSOLIDATING GUARANTOR AND NON-GUARANTOR FINANCIAL INFORMATION (Tables) | 12 Months Ended
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Sep. 30, 2018
Consolidating Guarantor And Non Guarantor Financial Information [Abstract] |
Condensed Balance Sheet |
| Parent Company |  | Guarantor Companies |  | Non-Guarantor Companies |  | Elimination |  | Consolidation
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and equivalents | $ | 15,976 |  |  | $ | 16,353 |  |  | $ | 37,429 |  |  | $ | — |  |  | $ | 69,758 |
Accounts receivable, net of allowances | — |  |  | 234,885 |  |  | 69,729 |  |  | (24,105 | ) |  | 280,509 |
Contract costs and recognized income not yet billed, net of progress payments | — |  |  | 121,393 |  |  | 410 |  |  | — |  |  | 121,803 |
Inventories | — |  |  | 332,067 |  |  | 66,373 |  |  | (81 | ) |  | 398,359 |
Prepaid and other current assets | 12,179 |  |  | 21,313 |  |  | 6,168 |  |  | 2,461 |  |  | 42,121 |
Assets of discontinued operations not held for sale | — |  |  | — |  |  | 324 |  |  | — |  |  | 324 |
Total Current Assets | 28,155 |  |  | 726,011 |  |  | 180,433 |  |  | (21,725 | ) |  | 912,874 |
PROPERTY, PLANT AND EQUIPMENT, net | 936 |  |  | 299,920 |  |  | 41,636 |  |  | — |  |  | 342,492 |
GOODWILL | 6,646 |  |  | 361,507 |  |  | 71,242 |  |  | — |  |  | 439,395 |
INTANGIBLE ASSETS, net | 93 |  |  | 293,093 |  |  | 77,672 |  |  | — |  |  | 370,858 |
INTERCOMPANY RECEIVABLE | 56,396 |  |  | 314,394 |  |  | (121,445 | ) |  | (249,345 | ) |  | — |
EQUITY INVESTMENTS IN SUBSIDIARIES | 1,528,932 |  |  | 968,330 |  |  | 3,347,894 |  |  | (5,845,156 | ) |  | — |
OTHER ASSETS | 8,651 |  |  | 15,942 |  |  | 374 |  |  | (8,612 | ) |  | 16,355 |
ASSETS OF DISCONTINUED OPERATIONS NOT HELD FOR SALE | — |  |  | — |  |  | 2,916 |  |  | — |  |  | 2,916 |
Total Assets | $ | 1,629,809 |  |  | $ | 2,979,197 |  |  | $ | 3,600,722 |  |  | $ | (6,124,838 | ) |  | $ | 2,084,890 |
CURRENT LIABILITIES |  |  |  |  |  |  |  |  |  |  |  |  |  |
Notes payable and current portion of long-term debt | $ | 2,276 |  |  | $ | 3,398 |  |  | $ | 7,337 |  |  | $ | — |  |  | $ | 13,011 |
Accounts payable and accrued liabilities | 26,639 |  |  | 303,154 |  |  | 59,531 |  |  | (16,474 | ) |  | 372,850 |
Liabilities of discontinued operations not held for sale | — |  |  | (22,327 | ) |  | 29,537 |  |  | — |  |  | 7,210 |
Total Current Liabilities | 28,915 |  |  | 284,225 |  |  | 96,405 |  |  | (16,474 | ) |  | 393,071 |
LONG-TERM DEBT, net | 1,044,071 |  |  | 6,110 |  |  | 57,890 |  |  | — |  |  | 1,108,071 |
INTERCOMPANY PAYABLES | 66,058 |  |  | (77,760 | ) |  | 263,227 |  |  | (251,525 | ) |  | — |
OTHER LIABILITIES | 16,374 |  |  | 73,391 |  |  | 20,592 |  |  | (3,647 | ) |  | 106,710 |
LIABILITIES OF DISCONTINUED OPERATIONS NOT HELD FOR SALE | — |  |  | — |  |  | 2,647 |  |  | — |  |  | 2,647 |
Total Liabilities | 1,155,418 |  |  | 285,966 |  |  | 440,761 |  |  | (271,646 | ) |  | 1,610,499 |
SHAREHOLDERS’ EQUITY | 474,391 |  |  | 2,693,231 |  |  | 3,159,961 |  |  | (5,853,192 | ) |  | 474,391 |
Total Liabilities and Shareholders’ Equity | $ | 1,629,809 |  |  | $ | 2,979,197 |  |  | $ | 3,600,722 |  |  | $ | (6,124,838 | ) |  | $ | 2,084,890 |
CONDENSED CONSOLIDATING BALANCE SHEETS At September 30, 2017
| Parent Company |  | Guarantor Companies |  | Non-Guarantor Companies |  | Elimination |  | Consolidation
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and equivalents | 3,240 |  |  | 8,066 |  |  | 36,375 |  |  | — |  |  | 47,681 |
Accounts receivable, net of allowances | — |  |  | 168,731 |  |  | 59,929 |  |  | (20,431 | ) |  | 208,229 |
Contract costs and recognized income not yet billed, net of progress payments | — |  |  | 131,383 |  |  | 279 |  |  | — |  |  | 131,662 |
Inventories, net | — |  |  | 246,605 |  |  | 52,759 |  |  | 73 |  |  | 299,437 |
Prepaid and other current assets | 21,131 |  |  | 15,854 |  |  | 3,002 |  |  | 80 |  |  | 40,067 |
Assets of discontinued operations held for sale | — |  |  | 168,306 |  |  | 202,418 |  |  | — |  |  | 370,724 |
Assets of discontinued operations not held for sale | — |  |  | — |  |  | 329 |  |  | — |  |  | 329 |
Total Current Assets | 24,371 |  |  | 738,945 |  |  | 355,091 |  |  | (20,278 | ) |  | 1,098,129 |
PROPERTY, PLANT AND EQUIPMENT, net | 645 |  |  | 200,362 |  |  | 31,128 |  |  | — |  |  | 232,135 |
GOODWILL | — |  |  | 280,797 |  |  | 38,342 |  |  | — |  |  | 319,139 |
INTANGIBLE ASSETS, net | 93 |  |  | 143,415 |  |  | 61,619 |  |  | — |  |  | 205,127 |
INTERCOMPANY RECEIVABLE | 552,017 |  |  | 757,608 |  |  | 915,551 |  |  | (2,225,176 | ) |  | — |
EQUITY INVESTMENTS IN SUBSIDIARIES | 863,149 |  |  | 877,641 |  |  | 1,613,891 |  |  | (3,354,681 | ) |  | — |
OTHER ASSETS | 12,171 |  |  | 12,054 |  |  | (1,002 | ) |  | (7,172 | ) |  | 16,051 |
ASSETS OF DISCONTINUED OPERATIONS NOT HELD FOR SALE | — |  |  | — |  |  | 2,960 |  |  | — |  |  | 2,960 |
Total Assets | 1,452,446 |  |  | 3,010,822 |  |  | 3,017,580 |  |  | (5,607,307 | ) |  | 1,873,541 |
CURRENT LIABILITIES |  |  |  |  |  |  |  |  |  |  |  |  |  |
Notes payable and current portion of long-term debt | 2,854 |  |  | 1,471 |  |  | 6,753 |  |  | — |  |  | 11,078 |
Accounts payable and accrued liabilities | 14,683 |  |  | 199,784 |  |  | 46,111 |  |  | 6,631 |  |  | 267,209 |
Liabilities of discontinued operations held for sale | — |  |  | 47,426 |  |  | 37,024 |  |  | — |  |  | 84,450 |
Liabilities of discontinued operations | — |  |  | — |  |  | 8,342 |  |  | — |  |  | 8,342 |
Total Current Liabilities | 17,537 |  |  | 248,681 |  |  | 98,230 |  |  | 6,631 |  |  | 371,079 |
LONG-TERM DEBT, net | 903,609 |  |  | 6,044 |  |  | 58,427 |  |  | — |  |  | 968,080 |
INTERCOMPANY PAYABLES | 84,068 |  |  | 1,259,413 |  |  | 854,518 |  |  | (2,197,999 | ) |  | — |
OTHER LIABILITIES | 48,424 |  |  | 76,036 |  |  | 14,135 |  |  | (6,058 | ) |  | 132,537 |
LIABILITIES OF DISCONTINUED OPERATIONS NOT HELD FOR SALE | — |  |  | — |  |  | 3,037 |  |  | — |  |  | 3,037 |
Total Liabilities | 1,053,638 |  |  | 1,590,174 |  |  | 1,028,347 |  |  | (2,197,426 | ) |  | 1,474,733 |
SHAREHOLDERS’ EQUITY | 398,808 |  |  | 1,420,648 |  |  | 1,989,233 |  |  | (3,409,881 | ) |  | 398,808 |
Total Liabilities and Shareholders’ Equity | 1,452,446 |  |  | 3,010,822 |  |  | 3,017,580 |  |  | (5,607,307 | ) |  | 1,873,541 |
Condensed Income Statement |
| Parent Company |  | Guarantor Companies |  | Non-Guarantor Companies |  | Elimination |  | Consolidation
Revenue | $ | — |  |  | $ | 1,638,792 |  |  | $ | 367,149 |  |  | $ | (28,023 | ) |  | $ | 1,977,918 |
Cost of goods and services | — |  |  | 1,232,019 |  |  | 245,687 |  |  | (29,348 | ) |  | 1,448,358 |
Gross profit | — |  |  | 406,773 |  |  | 121,462 |  |  | 1,325 |  |  | 529,560 |
Selling, general and administrative expenses | 38,691 |  |  | 303,856 |  |  | 90,933 |  |  | (370 | ) |  | 433,110 |
Income (loss) from operations | (38,691 | ) |  | 102,917 |  |  | 30,529 |  |  | 1,695 |  |  | 96,450 |
Other income (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income (expense), net | (23,911 | ) |  | (31,913 | ) |  | (8,047 | ) |  | — |  |  | (63,871 | )
Other, net | (6,515 | ) |  | 120,670 |  |  | (111,187 | ) |  | (1,737 | ) |  | 1,231 |
Total other income (expense) | (30,426 | ) |  | 88,757 |  |  | (119,234 | ) |  | (1,737 | ) |  | (62,640 | )
Income (loss) before taxes | (69,117 | ) |  | 191,674 |  |  | (88,705 | ) |  | (42 | ) |  | 33,810 |
Provision (benefit) for income taxes | (17,692 | ) |  | 9,546 |  |  | 8,743 |  |  | (42 | ) |  | 555 |
Income (loss) before equity in net income of subsidiaries | (51,425 | ) |  | 182,128 |  |  | (97,448 | ) |  | — |  |  | 33,255 |
Equity in net income (loss) of subsidiaries | 177,103 |  |  | (151,864 | ) |  | 182,128 |  |  | (207,367 | ) |  | — |
Income (loss) from continuing operations | 125,678 |  |  | 30,264 |  |  | 84,680 |  |  | (207,367 | ) |  | 33,255 |
Income (loss) from operations of discontinued businesses | — |  |  | 119,981 |  |  | — |  |  | — |  |  | 119,981 |
Provision (benefit) from income taxes | — |  |  | 27,558 |  |  | — |  |  | — |  |  | 27,558 |
Income (loss) from discontinued operations | — |  |  | 92,423 |  |  | — |  |  | — |  |  | 92,423 |
Net Income (loss) | $ | 125,678 |  |  | $ | 122,687 |  |  | $ | 84,680 |  |  | $ | (207,367 | ) |  | $ | 125,678 |
Comprehensive income (loss) | $ | 152,047 |  |  | $ | 143,936 |  |  | $ | 81,389 |  |  | $ | (225,325 | ) |  | $ | 152,047 |
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) For the Year Ended September 30, 2017
| Parent Company |  | Guarantor Companies |  | Non-Guarantor Companies |  | Elimination |  | Consolidation
Revenue | $ | — |  |  | $ | 1,284,189 |  |  | $ | 270,520 |  |  | $ | (29,712 | ) |  | $ | 1,524,997 |
Cost of goods and services | — |  |  | 966,293 |  |  | 181,634 |  |  | (31,046 | ) |  | 1,116,881 |
Gross profit | — |  |  | 317,896 |  |  | 88,886 |  |  | 1,334 |  |  | 408,116 |
Selling, general and administrative expenses | 42,273 |  |  | 232,720 |  |  | 64,466 |  |  | (370 | ) |  | 339,089 |
Restructuring and other related charges | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total operating expenses | 42,273 |  |  | 232,720 |  |  | 64,466 |  |  | (370 | ) |  | 339,089 |
Income (loss) from operations | (42,273 | ) |  | 85,176 |  |  | 24,420 |  |  | 1,704 |  |  | 69,027 |
Other income (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income (expense), net | (13,804 | ) |  | (24,242 | ) |  | (13,403 | ) |  | — |  |  | (51,449 | )
Other, net | 59 |  |  | 1,395 |  |  | (630 | ) |  | (1,704 | ) |  | (880 | )
Total other income (expense) | (13,745 | ) |  | (22,847 | ) |  | (14,033 | ) |  | (1,704 | ) |  | (52,329 | )
Income (loss) before taxes from continuing operations | (56,018 | ) |  | 62,329 |  |  | 10,387 |  |  | — |  |  | 16,698 |
Provision (benefit) for income taxes | (11,338 | ) |  | 24,560 |  |  | (14,307 | ) |  | — |  |  | (1,085 | )
Income (loss) before equity in net income of subsidiaries | (44,680 | ) |  | 37,769 |  |  | 24,694 |  |  | — |  |  | 17,783 |
Equity in net income (loss) of subsidiaries | 59,592 |  |  | (25,231 | ) |  | 37,770 |  |  | (72,131 | ) |  | — |
Income (loss) from continuing operations | 14,912 |  |  | 12,538 |  |  | 62,464 |  |  | (72,131 | ) |  | 17,783 |
Income from operations of discontinued businesses | — |  |  | 16,827 |  |  | 5,449 |  |  | — |  |  | 22,276 |
Provision (benefit) from income taxes | — |  |  | 4,476 |  |  | 20,671 |  |  | — |  |  | 25,147 |
Loss from discontinued operations | — |  |  | 12,351 |  |  | (15,222 | ) |  | — |  |  | (2,871 | )
Net income (loss) | $ | 14,912 |  |  | $ | 24,889 |  |  | $ | 47,242 |  |  | $ | (72,131 | ) |  | $ | 14,912 |
Comprehensive income (loss) | $ | 35,672 |  |  | $ | 35,575 |  |  | $ | 38,337 |  |  | $ | (73,912 | ) |  | $ | 35,672 |
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) For the Year Ended September 30, 2016
| Parent Company |  | Guarantor Companies |  | Non-Guarantor Companies |  | Elimination |  | Consolidation
Revenue | $ | — |  |  | $ | 1,277,241 |  |  | $ | 228,350 |  |  | $ | (28,556 | ) |  | $ | 1,477,035 |
Cost of goods and services | — |  |  | 952,296 |  |  | 154,181 |  |  | (30,135 | ) |  | 1,076,342 |
Gross profit | — |  |  | 324,945 |  |  | 74,169 |  |  | 1,579 |  |  | 400,693 |
Selling, general and administrative expenses | 26,427 |  |  | 228,961 |  |  | 63,335 |  |  | (370 | ) |  | 318,353 |
Restructuring and other related charges | — |  |  | 1,299 |  |  | (1,299 | ) |  | — |  |  | — |
Total operating expenses | 26,427 |  |  | 230,260 |  |  | 62,036 |  |  | (370 | ) |  | 318,353 |
Income (loss) from operations | (26,427 | ) |  | 94,685 |  |  | 12,133 |  |  | 1,949 |  |  | 82,340 |
Other income (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income (expense), net | (12,549 | ) |  | (24,050 | ) |  | (13,278 | ) |  | — |  |  | (49,877 | )
Other, net | 337 |  |  | 1,862 |  |  | (500 | ) |  | (1,949 | ) |  | (250 | )
Total other income (expense) | (12,212 | ) |  | (22,188 | ) |  | (13,778 | ) |  | (1,949 | ) |  | (50,127 | )
Income (loss) before taxes | (38,639 | ) |  | 72,497 |  |  | (1,645 | ) |  | — |  |  | 32,213 |
Provision (benefit) for income taxes | 4,964 |  |  | 29,445 |  |  | (21,977 | ) |  | — |  |  | 12,432 |
Income (loss) before equity in net income of subsidiaries | (43,603 | ) |  | 43,052 |  |  | 20,332 |  |  | — |  |  | 19,781 |
Equity in net income (loss) of subsidiaries | 73,613 |  |  | (2,858 | ) |  | 43,052 |  |  | (113,807 | ) |  | — |
Income (loss) from continuing operations | $ | 30,010 |  |  | $ | 40,194 |  |  | $ | 63,384 |  |  | $ | (113,807 | ) |  | $ | 19,781 |
Income from operations of discontinued businesses | — |  |  | 15,625 |  |  | 5,327 |  |  | — |  |  | 20,952 |
Provision (benefit) from income taxes | — |  |  | 4,720 |  |  | 6,003 |  |  | — |  |  | 10,723 |
Income (loss) from discontinued operations | — |  |  | 10,905 |  |  | (676 | ) |  | — |  |  | 10,229 |
Net income (loss) | $ | 30,010 |  |  | $ | 51,099 |  |  | $ | 62,708 |  |  | $ | (113,807 | ) |  | $ | 30,010 |
Comprehensive income (loss) | $ | 39,957 |  |  | $ | 44,391 |  |  | $ | 90,560 |  |  | $ | (134,951 | ) |  | $ | 39,957 |
Condensed Cash Flow Statement | CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the Year Ended September 30, 2018
| Parent Company |  | Guarantor Companies |  | Non-Guarantor Companies |  | Elimination |  | Consolidation
CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) | $ | 125,678 |  |  | $ | 122,687 |  |  | $ | 84,680 |  |  | $ | (207,367 | ) |  | $ | 125,678 |
Net (income) loss from discontinued operations | — |  |  | (92,423 | ) |  | — |  |  | — |  |  | (92,423 | )
Net cash provided by (used in) operating activities | 389,671 |  |  | (405,174 | ) |  | 108,981 |  |  | (27,032 | ) |  | 66,446 |
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Acquisition of property, plant and equipment | (544 | ) |  | (41,531 | ) |  | (8,063 | ) |  | — |  |  | (50,138 | )
Acquired business, net of cash acquired | (368,936 | ) |  | (4,843 | ) |  | (57,153 | ) |  | — |  |  | (430,932 | )
Intercompany distributions | — |  |  | — |  |  | — |  |  | — |  |  | — |
Proceeds from sale of business | — |  |  | 474,727 |  |  | — |  |  | — |  |  | 474,727 |
Proceeds from sale of assets | — |  |  | 62 |  |  | 601 |  |  | — |  |  | 663 |
Net cash provided by (used in) investing activities | (369,480 | ) |  | 428,415 |  |  | (64,615 | ) |  | — |  |  | (5,680 | )
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from issuance of common stock | — |  |  | — |  |  | — |  |  | — |  |  | — |
Purchase of shares for treasury | (45,605 | ) |  | — |  |  | — |  |  | — |  |  | (45,605 | )
Proceeds from long-term debt | 411,623 |  |  | 2,125 |  |  | 29,310 |  |  | — |  |  | 443,058 |
Payments of long-term debt | (269,478 | ) |  | (5,403 | ) |  | (26,112 | ) |  | — |  |  | (300,993 | )
Change in short-term borrowings | — |  |  | 144 |  |  | — |  |  | — |  |  | 144 |
Financing costs | (7,793 | ) |  | — |  |  | — |  |  | — |  |  | (7,793 | )
Tax effect from exercise/vesting of equity awards, net | — |  |  | — |  |  | — |  |  | — |  |  | — |
Dividends paid | (49,797 | ) |  | — |  |  | — |  |  | — |  |  | (49,797 | )
Other, net | (46,405 | ) |  | 4,733 |  |  | 14,691 |  |  | 27,032 |  |  | 51 |
Net cash provided by (used in) financing activities | (7,455 | ) |  | 1,599 |  |  | 17,889 |  |  | 27,032 |  |  | 39,065 |
CASH FLOWS FROM DISCONTINUED OPERATIONS: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net cash used in discontinued operations | — |  |  | (16,394 | ) |  | (62,533 | ) |  | — |  |  | (78,927 | )
Effect of exchange rate changes on cash and equivalents | — |  |  | (159 | ) |  | 1,332 |  |  | — |  |  | 1,173 |
NET INCREASE (DECREASE) IN CASH AND EQUIVALENTS | 12,736 |  |  | 8,287 |  |  | 1,054 |  |  | — |  |  | 22,077 |
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD | 3,240 |  |  | 8,066 |  |  | 36,375 |  |  | — |  |  | 47,681 |
CASH AND EQUIVALENTS AT END OF PERIOD | $ | 15,976 |  |  | $ | 16,353 |  |  | $ | 37,429 |  |  | $ | — |  |  | $ | 69,758 |
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the Year Ended September 30, 2017
| Parent Company |  | Guarantor Companies |  | Non-Guarantor Companies |  | Elimination |  | Consolidation
CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) | $ | 14,912 |  |  | $ | 24,889 |  |  | $ | 47,242 |  |  | $ | (72,131 | ) |  | $ | 14,912 |
Net (income) loss from discontinued operations | — |  |  | (12,351 | ) |  | 15,222 |  |  | — |  |  | 2,871 |
Net cash provided by operating activities | (10,771 | ) |  | 56,320 |  |  | 3,602 |  |  | — |  |  | 49,151 |
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |  |  |  |
Acquisition of property, plant and equipment | (15 | ) |  | (27,902 | ) |  | (7,020 | ) |  | — |  |  | (34,937 | )
Acquired business, net of cash acquired | — |  |  | — |  |  | (34,719 | ) |  | — |  |  | (34,719 | )
Purchase of securities | (1,824 | ) |  | — |  |  | — |  |  | — |  |  | (1,824 | )
Proceeds from sale of property, plant and equipment | — |  |  | 144 |  |  | (1 | ) |  | — |  |  | 143 |
Net cash used in investing activities | (1,839 | ) |  | (27,758 | ) |  | (41,740 | ) |  | — |  |  | (71,337 | )
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |
Purchase of shares for treasury | (15,841 | ) |  | — |  |  | — |  |  | — |  |  | (15,841 | )
Proceeds from long-term debt | 201,124 |  |  | — |  |  | 32,319 |  |  | — |  |  | 233,443 |
Payments of long-term debt | (149,109 | ) |  | (1,282 | ) |  | (20,063 | ) |  | — |  |  | (170,454 | )
Share premium payment on settled debt | (24,997 | ) |  | — |  |  | — |  |  | — |  |  | (24,997 | )
Change in short-term borrowings | — |  |  | — |  |  | — |  |  | — |  |  | — |
Financing costs | (1,548 | ) |  | — |  |  | — |  |  | — |  |  | (1,548 | )
Purchase of ESOP shares | (10,908 | ) |  | — |  |  | — |  |  | — |  |  | (10,908 | )
Dividends paid | (10,325 | ) |  | — |  |  | — |  |  | — |  |  | (10,325 | )
Other, net | 20,937 |  |  | (34,806 | ) |  | 13,799 |  |  | — |  |  | (70 | )
Net cash used in financing activities | 9,333 |  |  | (36,088 | ) |  | 26,055 |  |  | — |  |  | (700 | )
CASH FLOWS FROM DISCONTINUED OPERATIONS: |  |  |  |  |  |  |  |  |
Net cash provided by (used in) discontinued operations | — |  |  | (12,100 | ) |  | 9,950 |  |  | — |  |  | (2,150 | )
Effect of exchange rate changes on cash and equivalents | — |  |  | — |  |  | 164 |  |  | — |  |  | 164 |
NET INCREASE (DECREASE) IN CASH AND EQUIVALENTS | (3,277 | ) |  | (19,626 | ) |  | (1,969 | ) |  | — |  |  | (24,872 | )
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD | 6,517 |  |  | 27,692 |  |  | 38,344 |  |  | — |  |  | 72,553 |
CASH AND EQUIVALENTS AT END OF PERIOD | $ | 3,240 |  |  | $ | 8,066 |  |  | $ | 36,375 |  |  | $ | — |  |  | $ | 47,681 |
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the Year Ended September 30, 2016
| Parent Company |  | Guarantor Companies |  | Non-Guarantor Companies |  | Elimination |  | Consolidation
CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) | $ | 30,010 |  |  | $ | 51,099 |  |  | $ | 62,708 |  |  | $ | (113,807 | ) |  | $ | 30,010 |
Net income (loss) from discontinued operations | — |  |  | 10,905 |  |  | (676 | ) |  | — |  |  | 10,229 |
Net cash provided by (used in) operating activities | (11,879 | ) |  | 87,252 |  |  | 4,745 |  |  | — |  |  | 80,118 |
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Acquisition of property, plant and equipment | (259 | ) |  | (62,176 | ) |  | 3,159 |  |  | — |  |  | (59,276 | )
Intercompany distributions | — |  |  | (2,726 | ) |  | (1,744 | ) |  | — |  |  | (4,470 | )
Proceeds from sale of property, plant and equipment | — |  |  | 763 |  |  | 7 |  |  | — |  |  | 770 |
Investment purchases | 715 |  |  | — |  |  | — |  |  | — |  |  | 715 |
Net cash provided by (used in) investing activities | 456 |  |  | (64,139 | ) |  | 1,422 |  |  | — |  |  | (62,261 | )
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Purchase of shares for treasury | (65,307 | ) |  | — |  |  | — |  |  | — |  |  | (65,307 | )
Proceeds from long-term debt | 271,340 |  |  | 2,311 |  |  | 28,711 |  |  | — |  |  | 302,362 |
Payments of long-term debt | (177,513 | ) |  | (1,237 | ) |  | (29,764 | ) |  | — |  |  | (208,514 | )
Change in short-term borrowings | — |  |  | — |  |  | — |  |  | — |  |  | — |
Financing costs | (4,277 | ) |  | — |  |  | (107 | ) |  | — |  |  | (4,384 | )
Tax effect from exercise/vesting of equity awards, net | — |  |  | — |  |  | — |  |  | — |  |  | — |
Dividends paid | (8,798 | ) |  | — |  |  | — |  |  | — |  |  | (8,798 | )
Other, net | 55 |  |  | (1,926 | ) |  | 1,926 |  |  | — |  |  | 55 |
Net cash provided by (used in) financing activities | 15,500 |  |  | (852 | ) |  | 766 |  |  | — |  |  | 15,414 |
CASH FLOWS FROM DISCONTINUED OPERATIONS: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net cash provided by (used in) discontinued operations | — |  |  | (5,241 | ) |  | (8,364 | ) |  | — |  |  | (13,605 | )
Effect of exchange rate changes on cash and equivalents | — |  |  | — |  |  | 886 |  |  | — |  |  | 886 |
NET DECREASE IN CASH AND EQUIVALENTS | 4,077 |  |  | 17,020 |  |  | (545 | ) |  | — |  |  | 20,552 |
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD | 2,440 |  |  | 10,672 |  |  | 38,889 |  |  | — |  |  | 52,001 |
CASH AND EQUIVALENTS AT END OF PERIOD | $ | 6,517 |  |  | $ | 27,692 |  |  | $ | 38,344 |  |  | $ | — |  |  | $ | 72,553 |

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