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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Jul. 02, 2022
Jul. 03, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 368,641 $ 233,450
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 15,773 14,552
Impairment of equity investment 1,346 0
Equity-based compensation and employee benefits 14,473 11,504
Gain on disposal of equity method investments 0 (1,046)
Adjustment for doubtful accounts (245) (95)
Adjustment for inventory valuation 1,110 (834)
Deferred taxes (3,675) (10,587)
Gain on disposal of property, plant and equipment (129) 25
Unrealized foreign currency translation (3,806) 719
Share of results of equity-method investee, net of tax 0 (94)
Changes in operating assets and liabilities, net of assets and liabilities assumed in businesses combinations:    
Accounts and other receivable 71,825 (170,403)
Inventories (49,230) (40,771)
Prepaid expenses and other current assets (50,725) (2,856)
Accounts payable, accrued expenses and other current liabilities (84,017) 144,717
Income taxes payable (6,663) (2,670)
Other, net (1,053) 857
Net cash provided by operating activities 273,625 176,656
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of business, net of cash acquired 0 (26,338)
Purchases of property, plant and equipment (10,380) (16,747)
Proceeds from sales of property, plant and equipment 119 191
Investment in private equity fund (397) 0
Disposal of equity-method investments 0 2,115
Purchase of short-term investments (389,000) (229,000)
Maturity of short-term investments 466,000 324,000
Net cash provided by investing activities 66,342 54,221
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment on short-term debt (54,500) (22,750)
Payment for finance lease (373) (253)
Repurchase of common stock/treasury stock (221,139) (6,953)
Common stock cash dividends paid (29,393) (24,776)
Proceeds from short-term debt 54,500 22,750
Net cash used in financing activities (250,905) (31,982)
Effect of exchange rate changes on cash and cash equivalents (6,069) 977
Changes in cash and cash equivalents 82,993 199,872
Cash and cash equivalents at beginning of period 362,788 188,127
Cash and cash equivalents at end of period 445,781 387,999
CASH PAID FOR:    
Interest 173 146
Income taxes, net of refunds $ 50,059 $ 39,405