Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Sep. 28, 2013
Sep. 29, 2012
Sep. 24, 2011
Cash flows from operating activities:      
Net income (loss) $ (900) $ 22,113 $ 28,382
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:      
Depreciation and amortization 32,968 30,425 28,566
Stock-based compensation 15,892 7,510 7,447
Excess tax benefits from stock-based awards (388) (1,881) (945)
Deferred income taxes (3,233) 14,411 25,289
Loss on acquisition of business 370 0 0
Loss on sale of property, plant and equipment 547 180 110
Unrealized (gains) losses on derivative financial instruments 0 (83) 57
Goodwill impairment 7,709 0 0
Changes in assets and liabilities (excluding businesses acquired):      
Receivables 8,185 (6,841) 37
Inventories (61,697) (164) (31,683)
Prepaid expenses and other assets 4,798 7,549 (3,339)
Accounts payable (23,866) 9,805 7,404
Accrued expenses (7,781) 4,955 (9,956)
Other long-term obligations (886) 1,190 (361)
Net cash provided (used) by operating activities (28,282) 89,169 51,008
Cash flows from investing activities:      
Additions to property, plant and equipment (25,172) (39,592) (31,563)
Businesses acquired, net of cash acquired (4,835) 0 (25,307)
Return of equity method investment 0 0 3,133
Sale of (investment in) short-term investments 4,885 (4,885) (2,500)
Net cash used by investing activities (25,122) (44,477) (56,237)
Cash flows from financing activities:      
Repayments on revolving line of credit (368,000) (339,000) (668,000)
Borrowings on revolving line of credit 391,000 304,000 703,000
Repayments of long-term debt (332) (353) (335)
Issuance of long-term debt 0 49,312 0
Proceeds from issuance of common stock 613 2,129 1,675
Excess tax benefits from stock-based awards 388 1,881 945
Repurchase of common stock, including shares surrendered for tax withholding (2,731) (24,829) (108,727)
Distribution to noncontrolling interest (629) 0 (1,500)
Payment of financing costs 0 (1,715) (1,055)
Net cash provided (used) by financing activities 20,309 (8,575) (73,997)
Effect of exchange rate changes on cash and equivalents (224) 327 (203)
Net (decrease) increase in cash and cash equivalents (33,319) 36,444 (79,429)
Cash and cash equivalents at beginning of year 48,475 12,031 91,460
Cash and cash equivalents at end of year 15,156 48,475 12,031
Supplemental information:      
Cash paid for interest 42,960 40,930 37,936
Cash paid for income taxes - net of refunds (2,493) (8,048) (947)
Non-cash investing activities:      
Capital expenditures incurred but not paid 926 1,677 1,974
Liability for contingent performance based payments 4,165 0 0
Non-cash financing activities:      
Repurchased shares not yet settled 0 0 2,211
Restricted share stock bonus $ 9,579 $ 948 $ 0