v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Jun. 28, 2026
Jun. 29, 2025
Cash flows from operating activities:    
Net income $ 308,821 $ 120,073
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 43,103 43,636
Amortization of stock-based awards 27,438 25,789
Deferred income taxes 42,433 (7,656)
Gain on sale of divested business (12,361) 0
Impairment of goodwill 0 92,416
Fair value adjustments to contingent consideration (7,429) (2,355)
Gain on cash surrender value of life insurance policies 0 (1,599)
Other non-cash items 3,869 7,187
Changes in operating assets and liabilities, net of effects of business acquisitions and divestiture:    
Accounts receivable and contract assets 107,557 (65,886)
Prepaid expenses and other assets 791 (21,720)
Accounts payable 7,446 27,539
Accrued compensation (35,973) (15,991)
Contract liabilities (1,501) 44,486
Income taxes receivable/payable (8,028) 32,818
Cash settled on contingent earn-out liabilities 0 (7,420)
Other liabilities (9,613) 85,521
Net cash provided by operating activities 466,553 356,838
Cash flows from investing activities:    
Payments for business acquisitions, net of cash acquired (191,870) (97,693)
Capital expenditures (13,955) (12,514)
Proceeds from divested business, net 40,263 0
Proceeds from company-owned life insurance policies 0 1,934
Net cash used in investing activities (165,562) (108,273)
Cash flows from financing activities:    
Proceeds from borrowings 245,000 715,000
Repayments on long-term debt (210,000) (665,000)
Payment of debt issuance costs 0 (2,738)
Repurchases of common stock (202,010) (199,984)
Shares repurchased for tax withholdings on share-based awards (12,481) (13,942)
Payments of contingent earn-out liabilities (2,842) (14,805)
Stock options exercised 564 216
Dividends paid (52,473) (47,992)
Principal payments on finance leases (5,791) (5,742)
Net cash used in financing activities (240,033) (234,987)
Effect of exchange rate changes on cash and cash equivalents 1,505 (3,434)
Net increase in cash and cash equivalents 62,463 10,144
Cash and cash equivalents at beginning of period 168,372 232,689
Cash and cash equivalents at end of period 230,835 242,833
Cash paid during the period for:    
Interest 18,523 23,837
Income taxes, net of refunds received of $7.8 million and $13.6 million 74,066 57,006
Non-cash financing activities:    
Excise taxes accrued but not paid 1,564 1,513
Reconciliation of cash and cash equivalents at beginning of period:    
Cash and cash equivalents 230,835  
Total $ 230,835 $ 242,833