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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jul. 26, 2014
Jul. 27, 2013
Jul. 28, 2012
OPERATING ACTIVITIES:      
Net income $ 39,978 $ 35,188 $ 39,378
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 92,772 85,481 62,693
Bad debt expense, net 615 139 186
Gain on sale of fixed assets (10,706) (4,683) (15,430)
Deferred income tax provision (benefit) (6,323) (2,270) 9,874
Stock-based compensation 12,596 9,902 6,782
Write-off of deferred financing costs 0 321 0
Amortization of premium on long-term debt (369) (218) 0
Amortization of debt issuance costs and other 1,916 1,652 1,297
Excess tax benefit from share-based awards (3,025) (1,283) (1,625)
Other 0 57 (105)
Change in operating assets and liabilities:      
Accounts receivable, net (16,949) 3,625 (3,421)
Costs and estimated earnings in excess of billings, net (25,356) (12,338) (35,693)
Other current assets and inventory (12,843) (1,083) (6,403)
Other assets (555) (31) 62
Income taxes receivable/payable 6,685 5,994 5,747
Accounts payable (4,244) (11,163) 2,978
Accrued liabilities, insurance claims, and other liabilities 9,993 (2,546) (1,195)
Net cash provided by operating activities 84,185 106,744 65,125
INVESTING ACTIVITIES:      
Cash paid for acquisition, net of cash acquired (17,088) (330,291) 0
Capital expenditures (89,136) (64,650) (77,612)
Proceeds from sale of assets 15,407 5,827 24,783
Changes in restricted cash (303) 60 926
Net cash used in investing activities (91,120) (389,054) (51,903)
FINANCING ACTIVITIES:      
Proceeds from issuance of 7.125% senior subordinated notes due 2021 (including $3.8 million premium) 0 93,825 0
Proceeds from Term Loan on Senior Credit Agreement 0 125,000 0
Proceeds from borrowings on Senior Credit Agreement 502,000 404,500 0
Principal payments on Senior Credit Agreement (495,813) (358,625) 0
Debt issuance costs 0 (6,739) 0
Repurchases of common stock (9,999) (15,203) (12,960)
Exercise of stock options and other 14,568 5,253 6,490
Restricted stock tax withholdings (3,781) (884) (329)
Excess tax benefit from share-based awards 3,025 1,283 1,625
Principal payments on capital lease obligations (1,000) (74) (233)
Net cash provided by financing activities 9,000 248,336 (5,407)
Net (decrease) increase in cash and equivalents 2,065 (33,974) 7,815
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 18,607 52,581 44,766
CASH AND EQUIVALENTS AT END OF PERIOD 20,672 18,607 52,581
Cash paid during the period for:      
Interest 25,291 21,414 15,443
Income taxes 26,738 19,128 10,722
Purchases of capital assets included in accounts payable or other accrued liabilities at period end $ 2,651 $ 13,639 $ 4,593