XML 87 R8.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Aug. 31, 2019
Sep. 01, 2018
Sep. 02, 2017
Cash Flows from Operating Activities:      
Net income $ 288,797 $ 329,223 $ 231,431
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 65,377 63,154 62,980
Stock-based compensation 16,283 14,934 13,925
Loss on disposal of property, plant, and equipment 416 479 678
Provision for doubtful accounts 10,763 6,938 7,048
Deferred income taxes and tax uncertainties 14,297 (19,577) 13,482
Write-off of deferred financing costs on previous credit facility     94
Changes in operating assets and liabilities, net of amounts associated with business acquired:      
Accounts receivable (26,948) (49,827) (72,230)
Inventories (32,528) (33,235) (15,871)
Prepaid expenses and other current assets (8,316) (4,865) (7,428)
Other assets (2,064) 1,094 548
Accounts payable and accrued liabilities 2,349 31,340 12,184
Total adjustments 39,629 10,435 15,410
Net cash provided by operating activities 328,426 339,658 246,841
Cash Flows from Investing Activities:      
Expenditures for property, plant and equipment (51,773) (44,919) (46,548)
Proceeds from sale of available for sale securities 27,025    
Cash used in business acquisitions, net of cash acquired (11,625) (87,000) (42,345)
Net cash used in investing activities (36,373) (131,919) (88,893)
Cash Flows from Financing Activities:      
Repurchases of common stock (84,611) (82,369) (49,182)
Payments of cash dividends (145,709) (125,430) (102,216)
Proceeds from sale of Class A common stock in connection with associate stock purchase plan 4,600 4,461 4,243
Proceeds from exercise of Class A common stock options 15,640 24,243 26,887
Borrowings under the revolving credit facilities 382,000 242,000 546,000
Payments under the revolving credit facilities (451,000) (350,000) (618,500)
Contributions from noncontrolling interest 918    
Proceeds from long-term debt   110,000  
Payments on capital lease and financing obligations (28,370) (1,066) (1,175)
Other, net 903 575 (803)
Net cash used in financing activities (305,629) (177,586) (194,746)
Effect of foreign exchange rate changes on cash and cash equivalents (355) (19) (9)
Net increase (decrease) in cash and cash equivalents (13,931) 30,134 (36,807)
Cash and cash equivalents—beginning of year 46,217 16,083 52,890
Cash and cash equivalents—end of year 32,286 46,217 16,083
Supplemental Disclosure of Cash Flow Information:      
Cash paid for income taxes 79,334 100,504 121,691
Cash paid for interest $ 16,648 $ 13,448 $ 11,695