Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

v3.21.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income (loss) $ 3,160 $ (96,901)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 62,530 58,250
Stock-based compensation expense 7,247 4,539
Deferred tax provision (benefit) 930 (6,155)
(Gain) loss on sale of assets, net (511) 27
Unrealized (gain) loss on investments (844) 70
Loss from equity-method investments 0 1,345
Goodwill write-down 0 90,408
Changes in working capital items 2,730 19,384
Decrease in other assets 2,556 5,587
Increase (decrease) in other liabilities 12,962 (1,107)
Other operating activities, net 1,422 (9,452)
Net cash provided by operating activities 92,182 65,995
Cash flows from investing activities:    
Capital expenditures (15,819) (19,082)
Acquisitions, net of cash acquired (13,100) 0
Proceeds from sale of assets 2,065 181
Proceeds from sale of investments 15,000 0
Investments and advances 0 (9,637)
Net cash used in investing activities (11,854) (28,538)
Cash flows from financing activities:    
Proceeds from long-term debt 249,833 942,692
Payments on long-term debt (303,781) (921,359)
Purchases of treasury stock (4,486) (2,351)
Dividends (13,979) (13,183)
Acquisition holdback and contingent consideration payments (1,556) (1,739)
Other financing activities (1,484) (3,475)
Net cash (used in) provided by financing activities (75,453) 585
Effect of exchange rate changes on cash 771 (1,006)
Net change in cash and cash equivalents 5,646 37,036
Cash and cash equivalents at beginning of year 41,334 35,302
Cash and cash equivalents at end of period $ 46,980 $ 72,338