XML 48 R8.htm IDEA: XBRL DOCUMENT v3.23.3
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 income $ 57,148 $ 433,545 $ 367,161
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 28,857 21,293 19,810
Impairment charges 21,535 1,346 0
Equity-based compensation and employee benefits 22,744 18,986 15,491
Adjustment for doubtful accounts 49 (245) (248)
Adjustment for inventory valuation 5,214 (2,613) (2,965)
Deferred taxes (4,478) (8,648) (9,818)
(Gain) / loss on disposal of property, plant and equipment (499) (253) 259
Gain on disposal of equity-method investments 0 0 (1,046)
Unrealized fair value changes on equity investment (323) 0 0
Unrealized foreign currency translation 85 (7,278) (378)
Share of results of equity-method investee 0 0 94
Changes in operating assets and liabilities, net of assets and liabilities assumed in businesses combinations:      
Accounts and notes receivable 152,667 113,340 (221,924)
Inventory (35,755) (14,924) (52,719)
Prepaid expenses and other current assets 8,619 (37,907) (4,573)
Accounts payable, accrued expenses and other current liabilities (52,333) (128,734) 181,960
Income taxes payable (29,312) 4,946 7,686
Other, net (1,460) (2,666) 1,242
Net cash provided by operating activities 173,404 390,188 300,032
CASH FLOWS FROM INVESTING ACTIVITIES:      
Acquisition of business, net of cash acquired (36,881) 0 (26,338)
Purchases of property, plant and equipment (44,406) (22,985) (22,775)
Proceeds from sales of property, plant and equipment 591 181 291
Investment in private equity fund (642) (397) 0
Purchase of short term investments (595,000) (469,000) (507,000)
Maturity of short term investments 585,000 626,000 472,000
Disposal of equity-method investments 0 0 2,115
Net cash provided by / (used in) investing activities (91,338) 133,799 (81,707)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Payment on short term debt 0 (54,500) (22,750)
Payment for finance leases (629) (509) (379)
Repurchase of common stock (69,210) (281,319) (10,426)
Proceeds from short term debt 0 54,500 22,750
Common stock cash dividends paid (42,037) (39,363) (33,453)
Net cash used in financing activities (111,876) (321,191) (44,258)
Effect of exchange rate changes on cash and cash equivalents 3,675 (10,047) 594
Changes in cash and cash equivalents (26,135) 192,749 174,661
Cash and cash equivalents at beginning of period 555,537 362,788 188,127
Cash and cash equivalents at end of period 529,402 555,537 362,788
CASH PAID FOR:      
Interest 142 208 218
Income taxes $ 56,254 $ 50,309 $ 51,856