XML 22 R9.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Oct. 02, 2020
Sep. 27, 2019
Sep. 28, 2018
CASH PROVIDED BY OPERATING ACTIVITIES      
Net income $ 55,233 $ 51,413 $ 40,669
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 12,592 12,933 11,994
Amortization of intangible assets 2,334 1,031 1,111
Amortization of deferred financing costs 27 27 58
Loss (gain) on sale of productive assets 217 (28) (1,134)
Stock based compensation 2,686 2,346 2,297
Write off of currency translation adjustment (gain) loss 0 (761) (2,378)
Provision for doubtful accounts receivable 2,095 2,003 21
Provision for inventory reserves 878 1,009 394
Pension contributions (176) (178) (5,188)
Deferred income taxes 486 213 10,772
Change in operating assets and liabilities:      
Accounts receivable, net (24,625) (6,104) 5,409
Inventories, net (2,867) (7,356) (10,495)
Accounts payable and accrued liabilities 10,417 (4,733) 8,432
Other current assets (12) (5,983) (837)
Other non-current assets (22) 198 0
Other long-term liabilities 1,934 (117) 1,990
Other, net 296 (69) 243
Cash provided by operating activities 61,493 45,844 63,358
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES      
Purchase of short-term investments 0 (7,124) (34,789)
Proceeds from sales of short-term investments 0 35,838 52,682
Capital expenditures (15,600) (16,786) (19,152)
Proceeds from sale of productive assets 13 61 1,307
Cash used for investing activities (15,587) 11,989 48
CASH USED FOR FINANCING ACTIVITIES      
Debt issuance costs paid 0 0 (63)
Common stock transactions 126 79 153
Dividends paid (6,773) (5,557) (4,350)
Purchases of treasury stock (460) (708) (675)
Cash used for financing activities (7,107) (6,186) (4,935)
Effect of foreign currency rate changes on cash 1,256 (1,142) (404)
Increase in cash and cash equivalents 40,055 50,505 58,067
CASH AND CASH EQUIVALENTS      
Beginning of period 172,382 121,877 63,810
End of period 212,437 172,382 121,877
Supplemental Disclosure:      
Non-cash dividends 406 307 396
Non-cash treasury activity 1 1,593 227
Cash paid for taxes 19,240 16,746 14,422
Cash paid for interest $ 112 $ 144 $ 143