v3.24.3
CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Sep. 27, 2024
Sep. 29, 2023
Sep. 30, 2022
Cash flows from operating activities:      
Net Income $ 20,970 $ 213,158 $ 141,679
Adjustments to reconcile Net Income to Net cash provided by operating activities:      
Depreciation and amortization 140,781 136,504 134,352
Gain on Sale of Equity Investment, net 0 (51,831) 0
Deferred income taxes (19,576) 14,370 20,603
Share-based compensation expense 16,336 14,467 17,398
Asset write-downs 980 7,698 0
Loss on disposals of property and equipment 1,042 0 0
Amortization of debt issuance costs 4,683 0 0
Loss on extinguishment of debt 3,883 0 0
Personal protective equipment charges 0 0 26,183
Changes in operating assets and liabilities:      
Receivables, net 215,814 (23,612) (53,860)
Inventories, net 9,868 8,929 (631)
Rental merchandise in service, net 3,126 (5,334) (42,226)
Other current assets (836) 1,050 (2,586)
Accounts payable 21,665 (32,888) 31,398
Accrued expenses 80,561 (7,928) (31,456)
Changes in other noncurrent liabilities (16,212) (944) (2,183)
Changes in other assets (11,330) (8,813) (4,140)
Other operating activities 33 (7,849) (1,684)
Net cash provided by operating activities 471,788 256,977 232,847
Cash flows from investing activities:      
Purchases of property and equipment and other (78,905) (77,870) (76,449)
Proceeds from disposals of property and equipment 5,269 11,180 7,316
Acquisition of certain businesses, net of cash acquired 0 0 (17,200)
Proceeds from sale of equity investment 0 51,869 0
Other investing activities 0 75 200
Net cash used in investing activities (73,636) (14,746) (86,133)
Cash flows from financing activities:      
Proceeds from long-term borrowings 798,000 1,500,000 0
Payments of long-term borrowings (1,137,500) 0 0
Payments of financing lease obligations (30,608) (27,601) (28,041)
Dividend payments (13,801) 0 0
Debt issuance costs (11,134) (13,749) 0
Other financing activities (1,881) 0 0
Net cash distributions to Parent (6,051) (1,688,919) (134,502)
Net cash used in financing activities (402,975) (230,269) (162,543)
Effect of foreign exchange rates on cash and cash equivalents (218) 353 (1,541)
Increase (Decrease) in cash and cash equivalents (5,041) 12,315 (17,370)
Cash and cash equivalents, beginning of period 36,051 23,736 41,106
Cash and cash equivalents, end of period $ 31,010 $ 36,051 $ 23,736

Source

10-K PDF
XBRL