v3.25.4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Cash flows from operating activities:
Net earnings	$ 28,691	$ 23,473
Adjustments to reconcile net earnings to net cash provided by operating activities:
Net earnings from discontinued operations, net of tax		(3,166)
Depreciation and amortization	26,493	12,971
Stock compensation expense	3,233	2,524
Changes in assets and liabilities	7,056	(8,171)
Effect of deferred taxes	3,388	1,521
Net cash provided by operating activities - continuing operations	68,861	29,152
Net cash provided by operating activities - discontinued operations		5,022
Net cash provided by operating activities	68,861	34,174
Cash flows from investing activities:
Acquisition of business, net of cash acquired	(5,134)
Additions to capitalized software	(2,196)	(2,587)
Capital expenditures	(5,902)	(5,124)
Net cash used by investing activities - continuing operations	(13,232)	(7,711)
Net cash used by investing activities - discontinued operations		(84)
Net cash used by investing activities	(13,232)	(7,795)
Cash flows from financing activities:
Proceeds from long-term debt and short-term borrowings	52,511	42,000
Principal payments on long-term debt and short-term borrowings	(93,000)	(52,000)
Dividends paid	(2,072)	(2,064)
Other	(10,609)	(6,031)
Net cash used by financing activities	(53,170)	(18,095)
Effect of exchange rate changes on cash and cash equivalents	15	(2,963)
Net increase in cash and cash equivalents	2,474	5,321
Cash and cash equivalents, beginning of period	101,350	65,963
Cash and cash equivalents, end of period	103,824	71,284
Supplemental cash flow information:
Interest paid	2,689	2,567
Income taxes paid	$ 127	$ 222

The cash outflow associated with the payments to acquire additional capitalized software.

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