v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 200,912 $ 498,481
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 167,444 128,375
Equity in earnings of unconsolidated joint ventures (20,461) (15,555)
Distribution of earnings from unconsolidated joint ventures 15,714 52,144
Non-cash stock compensation 26,486 46,063
Non-cash net fair value (gains) losses (15,188) 6,883
Non-cash loss on disposal activities 64,549 0
Foreign currency translation 12,502 5,604
Other (4,334) 2,569
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable and contract assets (225,080) 96,518
Prepaid expenses and other assets (70,505) (61,362)
Accounts payable 62,636 (160,641)
Accrued expenses and other current liabilities (69,398) 167,562
Contract liabilities 39,697 (133,282)
Other long-term liabilities (15,740) (7,887)
Net cash provided by operating activities 169,234 625,472
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments for business acquisition, net of cash acquired 0 (2,786)
Cash outflow from deconsolidation of a joint venture 0 (45,352)
Investment in unconsolidated joint ventures (69,810) (30,438)
Return of investment in unconsolidated joint ventures 52,520 3,042
Credit facility investment (12,500) 16,625
Other investing activities (18,121) 0
Proceeds from disposal of property and equipment 240 236
Payments for capital expenditures (99,879) (74,639)
Net cash used in investing activities (147,550) (133,312)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from borrowings under credit agreements 5,734,500 1,931,502
Repayments of borrowings under credit agreements (5,753,792) (1,958,842)
Cash paid for debt issuance costs (6,505) (687)
Dividends paid (115,469) (99,149)
Proceeds from issuance of common stock 30,576 22,445
Payments to repurchase common stock (441,862) (138,324)
Net distributions to noncontrolling interests (30,655) (33,313)
Other financing activities (7,349) (5,235)
Net cash used in financing activities (590,556) (281,603)
EFFECT OF EXCHANGE RATE CHANGES ON CASH (3,935) (1,342)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (572,807) 209,215
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 1,585,739 1,584,862
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 1,012,932 $ 1,794,077