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BUSINESS SEGMENTS
 3 Months Ended
Oct. 31, 2015
Segment Reporting [Abstract]  
BUSINESS SEGMENTS
BUSINESS SEGMENTS
 
The Company has several operating divisions aggregated under the wholesale segment, which is the Company’s only reportable segment. These operating divisions have similar products and services, customer channels, distribution methods and historical margins. The wholesale segment is engaged in the national distribution of natural, organic and specialty foods, produce and related products in the United States and Canada. The Company has additional operating divisions that do not meet the quantitative thresholds for reportable segments and are therefore aggregated under the caption of “Other.” “Other” includes a retail division, which engages in the sale of natural foods and related products to the general public through retail storefronts on the east coast of the United States, a manufacturing division, which engages in importing, roasting, packaging, and distributing of nuts, dried fruit, seeds, trail mixes, granola, natural and organic snack items and confections, and the Company’s branded product lines. “Other” also includes certain corporate operating expenses that are not allocated to operating divisions and are necessary to operate the Company’s headquarters located in Providence, Rhode Island, which include depreciation, salaries, retainers, and other related expenses of officers, directors, corporate finance (including professional services), information technology, governance, legal, human resources and internal audit. As the Company continues to expand its business and serve its customers through a new national platform, these corporate expense amounts have increased, which is the primary driver behind the increasing operating losses within the “Other” category below. Non-operating expenses that are not allocated to the operating divisions are under the caption of “Unallocated Expenses.” The Company does not record its revenues for financial reporting purposes by product group, and it is therefore impracticable for the Company to report them accordingly.

The following table reflects business segment information for the periods indicated (in thousands):
 
 
Wholesale
 
Other
 
Eliminations
 
Unallocated
 
Consolidated
Three months ended October 31, 2015:
 
 

 
 

 
 

 
 

 
 

Net sales
 
$
2,059,622

 
$
57,807

 
$
(40,780
)
 
$
—

 
$
2,076,649

Restructuring and asset impairment expenses
 
2,809

 
—

 
—

 
—

 
2,809

Operating income (loss)
 
62,065

 
(6,672
)
 
(1,489
)
 
—

 
53,904

Interest expense
 
—

 
—

 
—

 
3,748

 
3,748

Interest income
 
—

 
—

 
—

 
(152
)
 
(152
)
Other, net
 
—

 
—

 
—

 
173

 
173

Income before income taxes
 
 

 
 

 
 

 
 

 
50,135

Depreciation and amortization
 
16,083

 
621

 
—

 
—

 
16,704

Capital expenditures
 
7,122

 
466

 
—

 
—

 
7,588

Goodwill
 
248,929

 
17,731

 
—

 
—

 
266,660

Total assets
 
2,485,086

 
189,442

 
(24,343
)
 
—

 
2,650,185

 
 
 
 
 
 
 
 
 
 
 
Three months ended November 1, 2014:
 
 

 
 

 
 

 
 

 
 

Net sales
 
$
1,970,719

 
$
59,570

 
$
(37,813
)
 
$
—

 
$
1,992,476

Restructuring and asset impairment expenses
 
555

 
—

 
—

 
—

 
$
555

Operating income (loss)
 
66,709

 
(7,599
)
 
(717
)
 
—

 
58,393

Interest expense
 
—

 
—

 
—

 
3,255

 
3,255

Interest income
 
—

 
—

 
—

 
(93
)
 
(93
)
Other, net
 
—

 
—

 
—

 
616

 
616

Income before income taxes
 
 

 
 

 
 

 
 

 
54,615

Depreciation and amortization
 
12,409

 
1,749

 
—

 
—

 
14,158

Capital expenditures
 
26,937

 
435

 
—

 
—

 
27,372

Goodwill
 
256,185

 
17,731

 
—

 
—

 
273,916

Total assets
 
2,351,321

 
176,624

 
(17,879
)
 
—

 
2,510,066