Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended 12 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Oct. 01, 2022
Operating Activities      
Net loss $ 10,761 $ 101,095  
Adjustments to reconcile net income to net cash (used in) provided by operating activities:      
Depreciation and amortization 25,569 22,880  
Equity-based compensation 9,159 8,462  
Amortization of deferred financing costs and debt discounts 1,541 1,483  
Provision for doubtful accounts 25 723  
Deferred income taxes 1,074 2,504  
Loss on asset dispositions 103 271  
Changes in operating assets and liabilities:      
Accounts and other receivables (3,399) (9,129)  
Inventories (70,393) (146,196)  
Prepaid expenses and other current assets (9,614) (9,075)  
Other assets (8,864) (9,429)  
Accounts payable and accrued expenses (21,846) 91,145  
Income taxes payable (9,166) 23,666  
Operating lease assets and liabilities, net 237 (5,742)  
Net cash (used in) provided by operating activities (74,813) 72,658  
Investing Activities      
Purchases of property and equipment (26,733) (25,927)  
Business acquisitions, net of cash acquired (15,549) (40,670)  
Proceeds from asset dispositions 1,384 414  
Net cash used in investing activities (40,898) (66,183)  
Financing Activities      
Borrowings on Revolving Credit Facility 264,000 45,000  
Payments on Revolving Credit Facility (233,000) (45,000)  
Repayment of long-term debt (6,075) (6,075)  
Payment of deferred financing costs (297) 0  
Proceeds from options exercised 0 1,378  
Repurchase and retirement of common stock 0 (152,146)  
Payments of employee tax withholdings related to restricted stock vesting (1,780) 0  
Net cash provided by (used in) financing activities 22,848 (156,843)  
Net decrease in cash and cash equivalents (92,863) (150,368)  
Cash and cash equivalents, beginning of period 112,293 343,498 $ 343,498
Cash and cash equivalents, end of period 19,430 193,130 $ 112,293
Supplemental Information:      
Interest 46,413 19,409  
Income taxes, net of refunds received $ 12,648 $ 7,442