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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Sep. 02, 2023
Sep. 03, 2022
Aug. 28, 2021
Cash Flows from Operating Activities:      
Net income $ 343,107 $ 340,482 $ 217,937
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 75,129 70,376 68,846
Non-cash operating lease cost 20,966 17,190 18,578
Stock-based compensation 18,639 19,264 17,721
Loss on disposal of property, plant and equipment 557 921 563
Gain on sale of property 0 10,132 0
Inventory write-down 0 0 30,091
Operating lease and fixed asset impairment due to restructuring 0 0 16,335
Non-cash changes in fair value of estimated contingent consideration 104 (879) 0
Provision for credit losses 10,275 9,806 8,181
Deferred income taxes and tax uncertainties 6,697 10,761 (13,611)
Changes in operating assets and liabilities, net of amounts associated with business acquired:      
Accounts receivable 247,653 (123,571) (73,041)
Inventories (4,860) (81,494) (107,037)
Prepaid expenses and other current assets (6,918) (7,429) (10,141)
Operating lease liabilities (21,173) (17,147) (33,312)
Other assets (615) (2,258) (1,055)
Accounts payable and accrued liabilities 10,021 20,293 84,407
Total adjustments 356,475 (94,299) 6,525
Net cash provided by operating activities 699,582 246,183 224,462
Cash Flows from Investing Activities:      
Expenditures for property, plant and equipment (92,493) (61,373) (53,746)
Cash used in business acquisitions, net of cash acquired (20,182) (57,865) (22,000)
Net proceeds from sale of property 0 24,745 0
Net cash used in investing activities (112,675) (94,493) (75,746)
Cash Flows from Financing Activities:      
Repurchases of Class A Common Stock (95,779) (27,359) (71,261)
Payments of regular cash dividends (176,715) (167,376) (167,299)
Payments of special cash dividends 0 0 (195,351)
Proceeds from sale of Class A Common Stock in connection with Associate Stock Purchase Plan 4,415 4,296 4,136
Proceeds from exercise of Class A Common Stock options 28,677 34,659 29,667
Borrowings under credit facilities 333,000 374,000 583,500
Payments under credit facilities (548,000) (364,500) (399,200)
Contributions from noncontrolling interest 0 0 100
Proceeds from other long-term debt 0 0 4,750
Payments under Shelf Facility Agreements and Private Placement Debt (125,000) 0 (20,000)
Payments on finance lease and financing obligations (2,193) (2,466) (2,584)
Other, net 1,195 606 (205)
Net cash used in financing activities (580,400) (148,140) (233,747)
Effect of foreign exchange rate changes on cash and cash equivalents 8 (549) 356
Net increase (decrease) in cash and cash equivalents 6,515 3,001 (84,675)
Cash and cash equivalents—beginning of period 43,537 40,536 125,211
Cash and cash equivalents—end of period 50,052 43,537 40,536
Supplemental Disclosure of Cash Flow Information:      
Cash paid for income taxes 106,962 117,038 73,116
Cash paid for interest $ 22,432 $ 16,903 $ 13,995