v3.22.4
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Dec. 30, 2022
Dec. 31, 2021
Cash flows from operating activities:    
Net income $ 3.2 $ 1.6
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Share-based compensation expense 3.3 3.4
Depreciation 4.6 4.8
Amortization of intangible assets 3.4 3.8
Deferred taxes (0.2) 0.2
(Income) loss from equity method investments (1.3) 0.5
Amortization of deferred loan costs 0.6 2.6
Inventory write-down 2.0 0.4
Loss on operating lease abandonment 0.0 1.9
Other, net 0.0 1.1
Changes in assets and liabilities:    
Accounts receivable 15.6 28.4
Inventories (18.8) (23.8)
Prepaid expenses and other assets (0.4) 3.4
Accounts payable 8.0 13.5
Accrued liabilities and other current and long-term liabilities (25.4) (30.5)
Deferred revenues 1.7 (0.5)
Net cash (used in) provided by operating activities (3.7) 10.8
Cash flows from investing activities:    
Purchases of property, plant and equipment (5.5) (4.1)
Loss on settlement of cash flow hedge (0.3) 0.0
Proceeds from maturities of marketable debt securities 4.0 0.0
Purchase of marketable debt securities (6.3) 0.0
Purchase of marketable equity securities (2.7) 0.0
Settlement of net investment hedge 7.0 0.0
Proceeds from sales of business and assets 0.0 1.7
Other, net 0.1 (0.2)
Net cash used in investing activities (3.7) (2.6)
Cash flows from financing activities:    
Repayments of borrowing under credit agreements (0.5) (0.3)
Proceeds from exercise of stock options 0.0 3.5
Proceeds from shares issued under employee stock purchase plan 0.0 1.7
Other, net 0.1 0.1
Net cash (used in) provided by financing activities (0.4) 5.0
Effects of exchange rate changes on cash and cash equivalents and restricted cash 0.0 (0.1)
Net (decrease) increase in cash and cash equivalents and restricted cash (7.8) 13.1
Cash and cash equivalents and restricted cash at beginning of period 90.6 146.1
Cash and cash equivalents and restricted cash at end of period 82.8 159.2
Supplemental cash flow information:    
Cash paid for interest 13.7 14.8
Income taxes paid, net of refunds 4.5 0.4
Supplemental non-cash activities:    
Purchases of property, plant and equipment financed through accounts payable $ 2.0 $ 0.8