Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net loss $ (3,472) $ (2,303)
Adjustments to reconcile net loss to net cash flows from operating activities:    
Depreciation and amortization 22,504 23,523
Stock-based compensation expense 4,979 4,651
Deferred tax benefit 0 (1)
Gain on sale of assets, net (9,572) (87)
Changes in working capital items (39,170) (51,640)
Decrease in other assets 6,996 5,888
Decrease in other liabilities (8,814) (4,068)
Other operating activities, net 1,540 (3,229)
Net cash used in operating activities (25,009) (27,266)
Cash flows from investing activities:    
Capital expenditures (9,532) (14,073)
Acquisitions, net of cash acquired (2,218) 0
Proceeds from sale of assets 13,249 124
Other investing activities, net (63) (237)
Net cash provided by (used in) investing activities 1,436 (14,186)
Cash flows from financing activities:    
Proceeds from long-term debt 250,996 274,275
Payments on long-term debt (219,047) (211,696)
Purchases of treasury stock (4,275) (17,185)
Dividends (9,237) (9,280)
Net cash provided by financing activities 18,437 36,114
Effect of exchange rate changes on cash (2,167) 1,158
Net change in cash and cash equivalents (7,303) (4,180)
Cash and cash equivalents at beginning of year 40,816 42,101
Cash and cash equivalents at end of period $ 33,513 $ 37,921