XML 27 R7.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Sep. 25, 2021
Sep. 26, 2020
Sep. 28, 2019
Operating activities:      
Net earnings $ 55,607,000 $ 18,305,000 $ 94,819,000
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation of fixed assets 46,781,000 49,830,000 45,225,000
Amortization of intangibles and deferred costs 2,610,000 3,218,000 3,385,000
Intangible asset impairment charges 1,273,000 0 0
Gains from disposals of property & equipment (231,000) (303,000) (347,000)
Plant shutdown impairment costs 0 6,387,000 0
Amortization of bond premiums 77,000 296,000 730,000
Share-based compensation 4,199,000 4,595,000 4,230,000
Deferred income taxes (2,896,000) 2,622,000 9,637,000
(Gain) Loss on sale of marketable securities (1,026,000) 882,000 404,000
Changes in assets and liabilities, net of effects from purchase of companies:      
Decrease (increase) in accounts receivable, net (35,755,000) 14,580,000 (8,759,000)
Decrease (increase) in inventories (14,155,000) 7,877,000 (3,231,000)
Decrease (increase) in prepaid expenses and other 9,629,000 (11,366,000) (744,000)
Increase (decrease) in accounts payable and accrued liabilities 35,386,000 (4,780,000) 2,150,000
Net cash provided by operating activities 101,499,000 92,143,000 147,499,000
Investing activities:      
Payments for purchases of companies, net of cash acquired 0 (57,212,000) (1,156,000)
Purchases of property, plant and equipment (53,578,000) (57,817,000) (57,128,000)
Purchases of marketable securities 0 (6,103,000) (26,091,000)
Proceeds from redemption and sales of marketable securities 60,891,000 73,226,000 39,158,000
Proceeds from disposal of property, plant and equipment 2,435,000 3,593,000 2,050,000
Other 191,000 (150,000) (196,000)
Net cash provided by (used in) investing activities 9,939,000 (44,463,000) (43,363,000)
Financing activities:      
Payments to repurchase common stock 0 (8,972,000) 0
Proceeds from issuance of common stock 20,256,000 7,901,000 14,174,000
Payments on capitalized lease obligations (144,000) (340,000) (356,000)
Payment of cash dividend (44,785,000) (42,053,000) (36,644,000)
Net cash used in financing activities (24,673,000) (43,464,000) (22,826,000)
Effect of exchange rates on cash and cash equivalents 618,000 (802,000) (394,000)
Net increase in cash and cash equivalents 87,383,000 3,414,000 80,916,000
Cash and cash equivalents at beginning of year 195,809,000 192,395,000 111,479,000
Cash and cash equivalents at end of year $ 283,192,000 $ 195,809,000 $ 192,395,000