v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Jun. 27, 2026
Jun. 28, 2025
Cash flows from operating activities:    
Net income $ 176,823 $ 174,399
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 60,977 64,063
Amortization of deferred financing costs 1,879 2,021
Non-cash lease expense 43,725 45,118
Stock-based compensation 15,699 15,572
Gain on divestiture (2,479) 0
Deferred income taxes 4,481 4,587
Other operating activities 1,898 (1,851)
Changes in assets and liabilities (excluding businesses acquired):    
Accounts receivable (130,770) (195,704)
Inventories 22,268 39,800
Prepaid expenses and other assets 2,522 (3,992)
Accounts payable 8,189 (1,471)
Accrued expenses 47,630 48,390
Other long-term obligations (1,548) 2,831
Operating lease liabilities (43,699) (43,983)
Net cash provided by operating activities 207,595 149,780
Cash flows from investing activities:    
Additions to property, plant and equipment (33,851) (30,580)
Payments to acquire companies, net of cash acquired (57,720) (3,318)
Proceeds from divestiture 30,644 0
Other investing activities (50) (150)
Net cash used in investing activities (60,977) (34,048)
Cash flows from financing activities:    
Repayments of long-term debt (53) (202)
Repurchase of common stock, including shares surrendered for tax withholding (28,822) (154,734)
Distribution to noncontrolling interest (1,139) (1,346)
Payment of financing costs (2,329) 0
Net cash used in financing activities (32,343) (156,282)
Effect of exchange rate changes on cash and equivalents (494) (114)
Net increase (decrease) in cash, cash equivalents and restricted cash 113,781 (40,664)
Cash, cash equivalents and restricted cash at beginning of year 898,433 768,403
Cash, cash equivalents and restricted cash at end of period 1,012,214 727,739
Supplemental information:    
Cash paid for interest 48,291 48,778
Cash paid for income taxes – net of refunds 35,295 44,281
Lease liabilities arising from obtaining right-of-use assets $ 9,519 $ 56,833

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