Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flow

v3.22.2
Consolidated Statements of Cash Flow - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities    
Consolidated net income $ 156,000 $ 198,200
Adjustments to reconcile consolidated net income to cash provided by operating activities:    
Depreciation and amortization 81,500 86,300
Deferred income taxes (11,600) 13,600
Amortization of deferred financing costs 2,700 6,200
Share-based compensation 16,400 14,700
Net loss on divestiture 3,100 (65,800)
Trade accounts receivable, net and receivables from long-term manufacturing contracts (77,700) 10,200
Inventories, net (106,700) (30,600)
Prepaid expenses and other current assets (32,300) 3,400
Trade accounts payable 95,900 54,700
accrued compensation, and other current liabilities (50,900) 147,300
Income taxes payable 32,700 4,100
Defined benefit plan and postretirement funding (6,900) (6,800)
Defined benefit plan and postretirement expense 700 2,100
Other, net (8,600) 5,100
Net cash provided by operating activities 94,300 442,700
Investing Activities    
Capital expenditures (32,500) (21,800)
Proceeds from sales of property, plant, and equipment 1,700 100
Acquisition of business, net of cash acquired (12,900) 0
(Payments) proceeds from divestitures, net of cash divested (4,500) 165,800
Net cash (used in) provided by investing activities (48,200) 144,100
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 (3,500) (5,400)
Payments of dividends on common stock (47,000) (48,400)
Repurchases of common stock (167,000) (43,400)
Proceeds from stock option exercises 24,700 9,200
Payments for employee taxes on net settlement equity awards (6,900) (3,500)
Other, net (1,600) (1,300)
Net cash used in financing activities (201,300) (431,600)
Effect of exchange rates on cash and cash equivalents (10,200) 10,700
Net cash flows (165,400) 165,900
Cash, cash equivalents, and restricted cash:    
At beginning of period 450,900 311,800
At end of period $ 285,500 $ 477,700