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SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jul. 30, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of property and equipment

Property and equipment consisted of the following at July 30, 2016 and August 1, 2015:

	Original Estimated Useful Lives (Years)		2016				2015
	(In thousands, except years)
Land			$	52,641			$	43,033
Buildings and improvements	20-40		403,822				302,066
Leasehold improvements	5-20		136,758				133,120
Warehouse equipment	3-30		163,494				155,477
Office equipment	3-10		55,915				57,519
Computer software	3-7		146,766				130,652
Motor vehicles	3-7		4,597				4,357
Construction in progress			15,018				63,557
			979,011				889,781
Less accumulated depreciation and amortization			362,406				317,329
Net property and equipment			$	616,605			$	572,452

Schedule of amortization of intangible assets with definite lives on a straight-line basis

Goodwill and other intangible assets with indefinite lives are not amortized. Intangible assets with definite lives are amortized on a straight-line basis over the following lives:

Customer relationships		7-20 years
Non-competition agreements		1-10 years
Trademarks and tradenames		4-10 years

Schedule of changes in the carrying amount of goodwill and the amount allocated by reportable segment

The changes in the carrying amount of goodwill and the amount allocated by reportable segment for the years presented are as follows (in thousands):

	Wholesale				Other				Total
Goodwill as of August 2, 2014	$	256,817			$	17,731			$	274,548
Goodwill adjustment for prior year business combinations	(3,487		)		—				(3,487		)
Change in foreign exchange rates	(4,421		)		—				(4,421		)
Goodwill as of August 2, 2015	$	248,909			$	17,731			$	266,640
Goodwill from current year business combinations	99,142				294				99,436
Change in foreign exchange rates	92				—				92
Goodwill as of July 30, 2016	$	348,143			$	18,025			$	366,168

Schedule of entity's other intangible assets

The following table presents the detail of the Company's other intangible assets (in thousands):

	July 30, 2016												August 1, 2015
	Gross Carrying Amount				Accumulated Amortization				Net				Gross Carrying Amount				Accumulated Amortization				Net
Amortizing intangible assets:
Customer relationships	$	196,313			$	33,447			$	162,866			$	96,192			$	25,364			$	70,828
Non-compete agreements	2,900				753				2,147				1,700				353				1,347
Trademarks and tradenames	1,700				115				1,585				—				—				—
Total amortizing intangible assets	200,913				34,315				166,598				97,892				25,717				72,175
Indefinite lived intangible assets:
Trademarks and tradenames	55,716				—				55,716				53,655				—				53,655
Total	$	256,629			$	34,315			$	222,314			$	151,547			$	25,717			$	125,830

Schedule of estimated future amortization expense

The estimated future amortization expense for each of the next five fiscal years and thereafter on definite lived intangible assets existing as of July 30, 2016 is shown below:

Fiscal Year:	(In thousands)
2017	$	15,099
2018	14,720
2019	14,704
2020	14,047
2021	13,130
2022 and thereafter	94,898
	$	166,598

Schedule of fair value of financial instruments

	July 30, 2016								August 1, 2015
	Carrying Value				Fair Value				Carrying Value				Fair Value
	(In thousands)
Assets:
Cash and cash equivalents	$	18,593			$	18,593			$	17,380			$	17,380
Accounts receivable	489,708				489,708				474,494				474,494
Notes receivable	3,709				3,709				7,361				7,361
Liabilities:
Accounts payable	445,430				445,430				390,134				390,134
Notes payable	426,519				426,519				362,993				362,993
Long-term debt, including current portion	173,593				182,790				184,562				192,679

Schedule of reconciliation of the weighted average number of shares outstanding used in the computation of the basic and diluted earnings per share

A reconciliation of the weighted average number of shares outstanding used in the computation of the basic and diluted earnings per share for all periods presented follows:

	Fiscal year ended
	July 30, 2016			August 1, 2015			August 2, 2014
	(In thousands)
Basic weighted average shares outstanding	50,313			50,021			49,602
Net effect of dilutive common stock equivalents based upon the treasury stock method	86			246			286
Diluted weighted average shares outstanding	50,399			50,267			49,888
Potential anti-dilutive share-based payment awards excluded from the computation above	84			7			6

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