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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Oct. 01, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net (loss) / income $ (69,006) $ 57,148 $ 433,545
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 24,735 28,857 21,293
Impairment charges 44,472 21,535 1,346
Equity-based compensation 26,891 22,744 18,986
Adjustment for doubtful accounts 0 49 (245)
Adjustment for inventory valuation 69,811 5,214 (2,613)
Deferred taxes 11,374 (4,478) (8,648)
Loss/(gain) on disposal of property, plant and equipment 72 (499) (253)
Unrealized fair value changes on equity investment (47) 323 0
Unrealized foreign currency translation 1,944 85 (7,278)
Changes in operating assets and liabilities, net of assets and liabilities assumed in businesses combinations:      
Accounts and notes receivable (34,707) 152,667 113,340
Inventory (31,511) (35,755) (14,924)
Prepaid expenses and other current assets 9,073 8,619 (37,907)
Accounts payable, accrued expenses and other current liabilities 185 (52,333) (128,734)
Income taxes payable (17,669) (29,312) 4,946
Other, net (4,580) (1,460) (2,666)
Net cash provided by operating activities 31,037 173,404 390,188
CASH FLOWS FROM INVESTING ACTIVITIES:      
Acquisition of business, net of cash acquired 0 (36,881) 0
Purchases of property, plant and equipment (16,148) (44,406) (22,985)
Proceeds from sales of property, plant and equipment 27 591 181
Investment in private equity fund (2,380) (642) (397)
Purchase of short term investments (690,000) (595,000) (469,000)
Maturity of short term investments 570,000 585,000 626,000
Net cash (used in) / provided by investing activities (138,501) (91,338) 133,799
CASH FLOWS FROM FINANCING ACTIVITIES:      
Payment on short term debt 0 0 (54,500)
Payment for finance leases (564) (629) (509)
Repurchase of common stock (150,791) (69,210) (281,319)
Tax withholding payments related to vested and released restricted stock units (583) 0 0
Proceeds from short term debt 0 0 54,500
Common stock cash dividends paid (44,162) (42,037) (39,363)
Net cash used in financing activities (196,100) (111,876) (321,191)
Effect of exchange rate changes on cash and cash equivalents 1,309 3,675 (10,047)
Changes in cash and cash equivalents (302,255) (26,135) 192,749
Cash and cash equivalents at beginning of period 529,402 555,537 362,788
Cash and cash equivalents at end of period 227,147 529,402 555,537
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING ACTIVITIES:      
Property, plant and equipment included in accounts payable and accrued expenses 0 3,000 9,063
CASH PAID FOR:      
Interest 89 142 208
Income taxes $ 22,787 $ 56,254 $ 50,309