XML 109 R6.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Sep. 29, 2019
Sep. 30, 2018
Sep. 24, 2017
Cash provided by operating activities:      
Net income $ 15,909 $ 47,048 $ 28,605
Adjustments to reconcile income to net cash provided by operating activities:      
Depreciation and amortization 29,332 31,766 41,282
Non-operating losses 7,213 3,547 3,594
Stock compensation expense 1,638 1,857 2,088
Distributions greater (less) than earnings of MNI 465 (1,229) 546
Deferred income taxes (2,003) (17,378) 10,360
Pension contributions (650) (4,990)
Other, net 1,968 6,907 (967)
Changes in operating assets and liabilities:      
Decrease in receivables and contract sales 1,697 4,418 2,854
Decrease (increase) in inventories and other 2,759 (1,926) 687
Decrease in accounts payable and other accrued liabilities (3,676) (8,587) (6,393)
Increase (decrease) in pension, postretirement and postemployment benefit obligations 1,900 (2,482) (3,473)
Change in income taxes payable 1,495 687 (1)
Other, including warrants (371) (342) (6,901)
Net cash provided by operating activities 57,676 59,296 72,281
Cash provided by (required for) investing activities:      
Purchases of property and equipment (5,901) (6,025) (4,078)
Proceeds from sales of assets 1,502 6,623 2,582
Acquisitions (6,543) (7,450)
Distributions greater (less) than earnings of TNI 9 1,194 (11)
Other, net (1,864) (498)
Net cash required for investing activities (10,933) (72) (9,455)
Cash provided by (required for) financing activities:      
Proceeds from long-term debt 600 10,000 5,000
Payments on long-term debt 41,832 73,526 73,782
Debt financing and administrative costs paid (1,773) (437) (373)
Common stock transactions, net (473) (502) (34)
Net cash required for financing activities (43,478) (64,465) (69,189)
Net increase (decrease) in cash and cash equivalents 3,265 (5,241) (6,363)
Cash and cash equivalents:      
Beginning of year 5,380 10,621 16,984
End of year $ 8,645 $ 5,380 $ 10,621