| Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 | Sep'09 | Sep'08 | Sep'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||
Net income (loss) | ||||||||||||
-33,656 | 482,672 | -128,212 | -56,828 | 420,427 | 706,563 | 736,639 | 581,045 | 434,186 | 156,312 | 353,545 | 461,738 | 449,261 |
Adjustment for loss from discontinued operations | ||||||||||||
-1,146 | -10,338 | -349 | -3,838 | -47 | -47 | 15,186 | 7,436 | -482 | -129,769 | -27,001 | 41,480 | - |
Income (loss) from continuing operations | ||||||||||||
-32,510 | 493,010 | -127,863 | -52,990 | 420,474 | 706,610 | 721,453 | 573,609 | 434,668 | 286,081 | 380,546 | 420,258 | - |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||||||||
Depreciation and amortization | ||||||||||||
562,803 | 583,802 | 585,543 | 598,587 | 608,039 | 523,984 | 455,623 | 387,549 | 315,468 | 262,658 | 227,535 | 195,343 | 146,042 |
Asset impairment charge | ||||||||||||
224,327 | 23,128 | 0 | 6,250 | 39,242 | - | - | - | - | - | - | - | - |
Amortization of debt discount and debt issuance costs | ||||||||||||
1,732 | 1,067 | 1,055 | 1,168 | 749 | 400 | 409 | 315 | - | - | - | - | - |
Provision for (recovery of) bad debt | ||||||||||||
2,321 | 2,193 | 2,016 | 2,013 | 6,034 | -200 | 3,875 | 205 | 106 | 206 | -645 | 704 | 1,030 |
Equity in income of affiliate before income taxes | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 16,308 | 28,009 | 15,954 |
Stock-based compensation | ||||||||||||
34,292 | 31,687 | 26,183 | 24,383 | 25,195 | 26,703 | 23,271 | 18,078 | 12,101 | 15,855 | 8,348 | 7,456 | 7,010 |
Pension settlement charge | ||||||||||||
1,953 | 913 | 1,640 | -4,964 | -2,873 | -1,376 | - | - | - | - | - | - | - |
Loss on investment securities | ||||||||||||
-54,488 | 1 | 0 | -25,989 | - | 45,234 | 162,121 | - | 913 | - | - | 21,864 | 65,320 |
Gain from sale of assets | ||||||||||||
39,700 | 22,700 | 20,600 | 9,896 | 11,834 | 19,083 | 18,923 | 19,223 | 13,903 | 4,992 | 5,402 | 13,049 | 41,697 |
Gain from involuntary conversion of long-lived assets | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 541 | 10,236 | 16,661 |
Acquired in-process research and development | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 11,129 | - |
Deferred income tax (benefit) expense | ||||||||||||
-44,554 | -486,758 | -24,111 | 60,088 | 131,431 | 26,132 | 29,557 | 196,931 | 187,651 | 105,691 | 158,153 | 117,998 | 82,294 |
Other | ||||||||||||
5,248 | -6,710 | -543 | -151 | 368 | -1 | -2,490 | - | - | -79 | 244 | 754 | 1,000 |
Change in assets and liabilities increasing (decreasing) cash: | ||||||||||||
Accounts receivable | ||||||||||||
-70,323 | 85,202 | 97,114 | -72,792 | -259,024 | 70,458 | 4,806 | 160,154 | 2,987 | 223,916 | -156,863 | 107,949 | 53,773 |
Inventories of materials and supplies | ||||||||||||
-1,821 | 22,427 | 10,607 | -1,944 | 23,052 | 16,623 | 12,289 | 22,170 | 11,005 | 3,858 | 10,981 | 3,534 | 2,980 |
Prepaid expenses and other | ||||||||||||
176 | 3,827 | -29,452 | 2,460 | 4,457 | 12,862 | -5,321 | 28,073 | -12,623 | 12,800 | 9,442 | 23,640 | 18,606 |
Other noncurrent assets | ||||||||||||
10,430 | -5,568 | -11,550 | - | - | - | - | - | - | - | - | - | - |
Accounts payable | ||||||||||||
-9,147 | -4,461 | 39,412 | -10,907 | -38,983 | -16,104 | -52,076 | 54,906 | 17,362 | 16,760 | -24,996 | -15,643 | 73,780 |
Accrued liabilities | ||||||||||||
40,887 | 43,798 | -36,120 | 49,562 | -24,756 | 35,378 | 24,259 | 195 | 20,483 | 14,031 | 2,672 | 29,203 | 5,299 |
Deferred income tax liability | ||||||||||||
-371 | -2,268 | -3,472 | -3,703 | -688 | 749 | 1,673 | 180 | -251 | -2,453 | 8,234 | 12,317 | 6,107 |
Other noncurrent liabilities | ||||||||||||
2,251 | -10,787 | -13,075 | -16,831 | 38,322 | -10,142 | -17,371 | -1,592 | 6,129 | 8,402 | -1,525 | 5,916 | 4,235 |
Net cash provided by operating activities from continuing operations | ||||||||||||
855,813 | 558,021 | 371,349 | 754,484 | 1,428,621 | 1,129,129 | 996,999 | 1,000,396 | 978,034 | 466,650 | 872,267 | 577,154 | - |
Net cash used in operating activities from discontinued operations | ||||||||||||
-62 | -169 | -150 | 47 | -47 | -47 | 186 | -64 | -482 | -4,362 | 23,672 | 11,480 | - |
Net cash provided by operating activities | ||||||||||||
855,751 | 557,852 | 371,199 | 754,531 | 1,428,574 | 1,129,082 | 997,185 | 1,000,332 | 977,552 | 462,288 | 895,939 | 588,634 | 561,067 |
Cash flows from investing activities: | ||||||||||||
Capital expenditures | ||||||||||||
458,402 | 466,584 | 397,567 | 257,169 | 1,131,445 | 951,536 | 809,066 | 1,097,680 | 694,264 | 329,572 | 876,839 | 697,906 | 894,214 |
Insurance proceeds from involuntary conversion | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 541 | 13,926 | 16,257 |
Purchase of short-term investments | ||||||||||||
97,652 | 71,049 | 69,866 | 57,276 | 45,607 | - | - | - | - | 16 | 12,500 | - | - |
Payment for acquisition of business, net of cash acquired | ||||||||||||
16,163 | 47,886 | 70,416 | - | - | - | - | - | 4,000 | - | 16 | 12,041 | - |
Proceeds from sale of short-term investments | ||||||||||||
86,765 | 68,776 | 69,449 | 58,381 | - | - | 232,221 | - | 3,932 | 12,516 | - | - | - |
Proceeds from sale of marketable securities | ||||||||||||
11,999 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Proceeds from asset sales | ||||||||||||
50,817 | 44,381 | 23,412 | 21,845 | 22,643 | 30,176 | 28,026 | 39,894 | 26,795 | 7,867 | 8,069 | 22,470 | 51,568 |
Proceeds from sale of investments | ||||||||||||
- | - | - | - | - | 49,205 | - | - | - | - | - | 25,507 | 127,819 |
Net cash used in investing activities from continuing operations | ||||||||||||
- | - | - | - | - | - | -548,819 | -1,057,786 | -667,537 | -309,205 | -880,745 | -648,044 | - |
Net cash provided by investing activities from discontinued operations | ||||||||||||
- | - | - | - | - | - | 15,000 | 7,500 | - | -55 | -3,284 | -7,291 | - |
Net cash used in investing activities | ||||||||||||
-422,636 | -472,362 | -444,988 | -234,219 | -1,154,409 | -872,155 | -533,819 | -1,050,286 | -667,537 | -309,260 | -884,029 | -655,335 | -698,570 |
Cash flows from financing activities: | ||||||||||||
Increase in bank overdraft | ||||||||||||
- | - | - | - | - | - | - | - | - | -2,038 | 2,038 | - | -17,430 |
Dividends paid | ||||||||||||
313,421 | 308,430 | 305,515 | 300,152 | 298,367 | 264,386 | 93,053 | 30,049 | 26,741 | 22,254 | 21,111 | 19,333 | 18,638 |
Decrease in notes payable | ||||||||||||
- | - | - | - | - | - | - | - | - | - | -1,733 | 1,733 | -3,721 |
Proceeds from line of credit | ||||||||||||
- | - | - | - | - | - | - | 20,000 | 10,000 | 895,000 | 3,840,000 | 3,550,000 | 1,490,000 |
Payments on line of credit | ||||||||||||
- | - | - | - | - | - | - | 20,000 | 20,000 | 1,060,000 | 3,790,000 | 3,495,000 | 1,220,000 |
Payments on long-term debt | ||||||||||||
- | - | - | 40,000 | 40,000 | 115,000 | 40,000 | 115,000 | - | - | 25,000 | - | 25,000 |
Proceeds from senior notes, net of discount | ||||||||||||
- | - | - | - | 497,125 | - | - | - | - | - | - | - | - |
Debt issuance costs paid | ||||||||||||
3,912 | 0 | 0 | 1,111 | 5,474 | - | - | - | - | - | - | - | - |
Proceeds from stock option exercises | ||||||||||||
3,053 | 6,355 | 11,285 | 2,774 | 2,650 | 23,250 | 13,317 | 2,673 | 15,441 | -202 | 1,272 | 14,537 | 3,802 |
Payments for employee taxes on net settlement of equity awards | ||||||||||||
6,418 | 7,114 | 6,599 | 5,646 | 5,140 | 3,049 | 1,677 | 1,514 | - | - | - | - | - |
Payment of contingent consideration from acquisition of business | ||||||||||||
0 | 10,625 | 0 | - | - | - | - | - | - | - | - | - | - |
Proceeds on short-term debt | ||||||||||||
- | - | - | - | 1,002 | - | - | - | - | - | - | - | - |
Payments on short-term debt | ||||||||||||
- | - | - | - | 1,002 | - | - | - | - | - | - | - | - |
Share repurchases | ||||||||||||
- | - | - | - | 59,654 | - | - | 77,610 | - | - | - | - | 17,621 |
Payments for early extinguishment of long term debt | ||||||||||||
12,852 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Share repurchase | ||||||||||||
42,779 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Excess tax benefit from stock-based compensation | ||||||||||||
- | - | - | - | 3,772 | 26,616 | 9,820 | 3,303 | 12,511 | 3,344 | 1,217 | 24,868 | 1,473 |
Net cash used in financing activities | ||||||||||||
-376,329 | -319,814 | -300,829 | -344,135 | 94,912 | -332,569 | -111,593 | -218,197 | -8,789 | -186,150 | 6,683 | 76,805 | 192,865 |
Net decrease in cash and cash equivalents and restricted cash | ||||||||||||
56,786 | -234,324 | -374,618 | 176,177 | 369,077 | -75,642 | 351,773 | -268,151 | 301,226 | -33,122 | 18,593 | 10,104 | 55,362 |
Supplemental disclosure of cash flow information: | ||||||||||||
Cash paid during the period: | ||||||||||||
Interest paid | ||||||||||||
26,739 | 20,502 | 22,936 | 28,011 | - | - | - | - | - | - | - | - | - |
Income tax paid, net | ||||||||||||
16,218 | -38,400 | -23,463 | -24,109 | - | - | - | - | - | - | - | - | - |
Cash paid for amounts included in the measurement of lease liabilities: | ||||||||||||
Changes in accounts payable and accrued liabilities related to purchases of property, plant and equipment | ||||||||||||
17,771 | -2,245 | -10,539 | 15,879 | - | - | - | - | - | - | - | - | - |