Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Sep. 29, 2012
Sep. 24, 2011
Sep. 25, 2010
Cash flows from operating activities:      
Net income $ 22,113 $ 28,382 $ 47,796
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 30,425 28,566 28,869
Stock-based compensation 7,510 7,447 5,556
Excess tax benefits from stock-based awards (1,881) (945) (836)
Deferred income taxes 14,411 25,289 17,420
Loss on extinguishment of debt 0 0 3,633
Loss on sale of property, plant and equipment 180 110 395
Intangible asset impairments 0 0 12,000
Changes in assets and liabilities (excluding businesses acquired):      
Receivables (6,841) 37 14,132
Inventories (164) (31,683) (1,227)
Prepaid expenses and other assets 7,466 (3,339) 3,677
Accounts payable 9,805 7,404 2,918
Accrued expenses 4,955 (9,899) 981
Other long-term obligations 1,190 (361) (85)
Net cash provided by operating activities 89,169 51,008 135,229
Cash flows from investing activities:      
Additions to property, plant and equipment (39,592) (31,563) (24,190)
Businesses acquired, net of cash acquired 0 (25,307) (1,756)
Return of equity method investment 0 3,133 0
Investment in short-term investments (4,885) (2,500) (15,320)
Net cash used in investing activities (44,477) (56,237) (41,266)
Cash flows from financing activities:      
Repayments on revolving line of credit (339,000) (668,000) (10,000)
Borrowings on revolving line of credit 304,000 703,000 10,000
Repayments of long-term debt (353) (335) (407,924)
Issuance of long-term debt 49,312 0 400,000
Proceeds from issuance of common stock 2,129 1,675 1,294
Excess tax benefits from stock-based awards 1,881 945 836
Repurchase of common stock, including shares surrendered for tax withholding (24,829) (108,727) (66,901)
Distribution to noncontrolling interest 0 (1,500) (2,761)
Payment of financing costs (1,715) (1,055) (12,711)
Net cash used in financing activities (8,575) (73,997) (88,167)
Effect of exchange rate changes on cash and equivalents 327 (203) (4)
Net (decrease) increase in cash and cash equivalents 36,444 (79,429) 5,792
Cash and cash equivalents at beginning of year 12,031 91,460 85,668
Cash and cash equivalents at end of year 48,475 12,031 91,460
Supplemental information:      
Cash paid for interest 40,930 37,936 31,572
Cash paid for income taxes - net of refunds (8,048) (947) 10,415
Non-cash investing activities:      
Capital expenditures incurred but not paid 1,677 1,974 2,098
Non-cash financing activities:      
Repurchased shares not yet settled 0 2,211 889
Restricted share stock bonus $ 948 $ 0 $ 0