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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jul. 02, 2021
Jun. 26, 2020
CASH PROVIDED BY OPERATING ACTIVITIES    
Net income $ 76,455 $ 39,686
Adjustments to reconcile net income to net cash used for operating activities:    
Depreciation 9,660 9,303
Amortization of intangible assets 355 2,186
Amortization of deferred financing costs 20 20
Stock based compensation 2,571 1,798
Loss on disposal of productive assets 44 149
Deferred income taxes (860) (65)
Change in operating assets and liabilities:    
Accounts receivable, net (26,789) (38,209)
Inventories, net (32,905) 417
Accounts payable and accrued liabilities 26,502 5,613
Other current assets (659) 3,710
Other non-current assets (6,077) (55)
Other long-term liabilities 9,970 752
Other, net (676) 255
CASH PROVIDED BY OPERATING ACTIVITIES 57,611 25,560
CASH USED FOR INVESTING ACTIVITIES    
Proceeds from sale of productive assets 13 10
Capital expenditures (15,481) (11,350)
CASH USED FOR INVESTING ACTIVITIES (15,468) (11,340)
CASH USED FOR FINANCING ACTIVITIES    
Common stock transactions 0 126
Dividends paid (6,297) (5,078)
Purchases of treasury stock (495) (460)
CASH USED FOR FINANCING ACTIVITIES (6,792) (5,412)
Effect of foreign currency rate changes on cash 1,228 255
Increase in cash and cash equivalents 36,579 9,063
CASH AND CASH EQUIVALENTS    
Beginning of period 212,437 172,382
End of period 249,016 181,445
Supplemental Disclosure:    
Non-cash treasury stock activity 75 0
Non-cash dividends 7 5
Cash paid for taxes 18,828 4,418
Cash paid for interest $ 86 $ 86