v3.22.1
Consolidated Statements of Cash Flow - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating Activities    
Consolidated net income $ 105,900 $ 156,700
Adjustments to reconcile consolidated net income to cash provided by operating activities:    
Depreciation and amortization 54,900 57,600
Deferred income taxes (10,900) 15,000
Amortization of deferred financing costs 1,800 4,600
Share-based compensation 12,000 10,400
Net loss on divestiture 3,100 (65,700)
Trade accounts receivable, net and receivables from long-term manufacturing contracts (40,000) (21,000)
Inventories, net (73,600) (5,600)
Prepaid expenses and other current assets (20,800) (4,100)
Trade accounts payable 72,300 21,200
accrued compensation, and other current liabilities (22,100) 83,900
Income taxes payable 17,300 4,300
Defined benefit plan and postretirement funding (4,700) (4,600)
Defined benefit plan and postretirement expense 500 1,400
Other, net (5,000) 4,900
Net cash provided by operating activities 90,700 259,000
Investing Activities    
Capital expenditures (20,000) (11,600)
Proceeds from sales of property, plant, and equipment 1,600 0
(Payments) proceeds from divestitures, net of cash divested   165,700
Net cash (used in) provided by investing activities (22,900) 154,100
Financing Activities    
Proceeds from issuance of long-term debt 0 350,000
Repayments on long-term debt 0 (688,800)
Proceeds from revolving credit facilities 0 395,000
Repayments on revolving credit facilities 0 (395,000)
Payment of deferred financing costs 0 (3,500)
Payments of dividends on common stock (31,700) (32,300)
Repurchases of common stock (55,500) 0
Proceeds from stock option exercises 24,300 8,700
Payments for employee taxes on net settlement equity awards (6,100) (2,900)
Other, net (1,500) (1,300)
Net cash used in financing activities (70,500) (370,100)
Effect of exchange rates on cash and cash equivalents (2,200) (7,500)
Net cash flows (4,900) 35,500
Cash, cash equivalents, and restricted cash:    
At beginning of period 450,900 311,800
At end of period $ 446,000 $ 347,300

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