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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jul. 30, 2016
Aug. 01, 2015
Aug. 02, 2014
Net Income $ 125,766 $ 138,734 $ 125,482
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 71,006 63,800 48,758
Deferred income tax expense 12,480 15,339 881
Share-based compensation 15,308 13,981 14,608
Excess tax deficit (benefit) from share-based payment arrangements 83 (2,746) (2,601)
Loss (gain) on disposals of property and equipment 458 (499) 647
Restructuring and asset impairment 758 803 0
Gain associated with acquisition of land 0 (2,824) (4,840)
Provision for doubtful accounts 6,426 5,059 3,152
Non-cash interest (income) expense (106) 389 2,012
Changes in assets and liabilities, net of acquired companies:      
Accounts receivable 29,417 (42,257) (71,247)
Inventories 2,113 (153,701) (97,819)
Prepaid expenses and other assets 5,381 4,541 2,024
Accounts payable 14,379 16,001 28,734
Accrued expenses and other liabilities 13,140 (7,756) 12,627
Net cash provided by operating activities 296,609 48,864 62,418
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (41,375) (129,134) (147,303)
Purchases of acquired businesses, net of cash acquired (306,724) (8,036) (211,574)
Long-term investment 0 (3,000) 0
Payment of company owned life insurance premiums (2,925) (2,925) 0
Proceeds from disposals of property and equipment 109 1,026 6,084
Net cash used in investing activities (350,915) (142,069) (352,793)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from borrowings under revolving credit line 709,972 728,316 853,884
Repayments of borrowings under revolving credit line (646,481) (779,461) (568,338)
Proceeds from issuance of long-term debt 0 150,000 0
Repayments of long-term debt (11,255) (11,197) (1,226)
Increase in bank overdraft 6,063 5,003 11,501
Proceeds from exercise of stock options 2,011 3,415 2,215
Payment of employee restricted stock tax withholdings (1,717) (2,430) (3,757)
Excess tax (deficit) benefit from share-based payment arrangements (83) 2,746 2,601
Capitalized debt issuance costs (2,164) (1,965) (1,523)
Net cash provided by financing activities 56,346 94,427 295,357
Effect of exchange rate changes on cash and cash equivalents (827) 42 23
NET INCREASE IN CASH AND CASH EQUIVALENTS 1,213 1,264 5,005
Cash and cash equivalents at beginning of period 17,380 16,116 11,111
Cash and cash equivalents at end of period 18,593 17,380 16,116
Supplemental disclosures of cash flow information:      
Non-cash financing activity 0 14,088 0
Non-cash investing activity 0 14,088 7,104
Cash paid for interest 16,696 14,632 6,599
Cash paid for federal and state income taxes, net of refunds $ 67,028 $ 72,357 $ 77,091