XML 23 R8.htm IDEA: XBRL DOCUMENT v3.24.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Sep. 27, 2024
Sep. 29, 2023
Sep. 30, 2022
CASH PROVIDED BY (USED FOR) OPERATING ACTIVITIES      
Net (loss) income $ (26,533) $ 19,534 $ 44,491
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 19,269 16,005 13,973
Amortization of intangible assets 339 290 261
Amortization of deferred financing costs 35 35 35
(Gain) loss on sale of productive assets (1,874) (6,410) 90
Impairment losses 11,173 0 0
Stock based compensation 1,292 2,446 4,129
Provision for credit losses 2,914 177 30
Provision for inventory reserves 10,985 10,225 4,409
Deferred income taxes (5,094) (6,925) 1,848
Change in operating assets and liabilities:      
Accounts receivable, net (272) 48,292 (22,028)
Inventories, net 42,110 (28,381) (89,259)
Accounts payable and accrued liabilities (14,657) (10,800) (21,722)
Other current assets (806) (5,444) 2,831
Other non-current assets 119 130 67
Other long-term liabilities 2,371 2,634 (2,393)
Other, net (387) (95) 1,094
Cash provided by (used for) operating activities 40,984 41,713 (62,144)
CASH PROVIDED BY (USED FOR) INVESTING ACTIVITIES      
Purchase of short-term investments (2,218) (40,696) 0
Proceeds from maturities of short-term investments 27,025 0 0
Capital expenditures (22,018) (22,668) (31,690)
Proceeds from sale of productive assets 2,245 14,990 12
Cash provided by (used for) investing activities 5,034 (48,374) (31,678)
CASH USED FOR FINANCING ACTIVITIES      
Common stock transactions 172 266 332
Dividends paid (13,431) (12,554) (12,056)
Purchases of treasury stock (436) (444) (509)
Cash used for financing activities (13,695) (12,732) (12,233)
Effect of foreign currency rate changes on cash 1,321 1,444 (4,590)
Increase (decrease) in cash and cash equivalents 33,644 (17,949) (110,645)
CASH AND CASH EQUIVALENTS      
Beginning of period 111,854 129,803 240,448
End of period 145,498 111,854 129,803
Supplemental Disclosure:      
Accrued dividends 18 227 115
Non-cash treasury activity 451 938 9
Cash paid for taxes 2,065 17,129 19,086
Cash paid for interest $ 115 $ 114 $ 113