Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Cash Flows

 v2.3.0.11
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Jun. 25, 2011
Jun. 26, 2010
Cash flows from operating activities:    
Net income $ 39,908 $ 56,542
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 21,316 21,709
Stock-based compensation 5,720 3,983
Excess tax benefits from stock-based awards (791) (720)
Deferred income taxes 14,859 (1,000)
Loss on extinguishment of debt, net of premium paid 0 3,633
Loss (gain) on sale of property and equipment (4) 395
Change in assets and liabilities:    
Accounts receivable (61,422) (17,527)
Inventories (45,648) (21,704)
Prepaid expenses and other assets 11,836 16,332
Accounts payable 5,536 10,442
Accrued expenses 7,524 19,591
Other long-term obligations (337) (303)
Net cash provided (used in) operating activities (1,503) 91,373
Cash flows from investing activities:    
Additions to property and equipment (20,191) (15,611)
Payments to acquire companies, net of cash acquired (24,432) 0
Net cash used in investing activities (44,623) (15,611)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 0 400,000
Repayments of long-term debt (221) (407,856)
Borrowings under revolving line of credit 593,000 10,000
Repayments under revolving line of credit (543,000) (10,000)
Proceeds from issuance of common stock 1,436 1,062
Repurchase of common stock (83,602) (48,314)
Distribution to noncontrolling interest (1,500) (2,761)
Excess tax benefits from stock-based awards 791 720
Payment of financing costs (1,034) (12,490)
Net cash used in financing activities (34,130) (69,639)
Effect of exchange rate changes on cash and cash equivalents 29 (168)
Net increase (decrease) in cash and cash equivalents (80,227) 5,955
Cash and equivalents at beginning of period 91,460 85,668
Cash and equivalents at end of period 11,233 91,623
Supplemental information:    
Cash paid for interest $ 19,965 $ 14,920