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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Apr. 29, 2017
Apr. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 91,286 $ 91,085
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 63,930 50,967
Share-based compensation 18,702 12,665
Loss on disposals of property and equipment 825 399
Excess tax deficit from share-based payment arrangements 1,403 48
Deferred Income Tax Expense (Benefit) (160) 8,657
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) 711 480
Provision for doubtful accounts 4,847 5,875
Non-cash interest expense 79 119
Changes in assets and liabilities, net of acquired businesses:    
Accounts receivable (61,820) 1,569
Inventories (19,758) 1,218
Prepaid expenses and other assets (9,135) (2,041)
Accounts payable 79,023 31,912
Accrued expenses and other liabilities (6,836) 2,665
Net cash provided by operating activities 163,097 205,618
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (40,004) (29,073)
Purchases of acquired businesses, net of cash acquired (9,198) (89,190)
Proceeds from Sale of Property, Plant, and Equipment 34 96
Payments for (Proceeds from) Other Investing Activities (2,000) 0
Net cash used in investing activities (51,168) (118,167)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of long-term debt (8,531) (8,320)
Proceeds from borrowings under revolving credit line 154,412 375,213
Repayments of borrowings under revolving credit line (276,443) (471,667)
Increase in checks outstanding in excess of deposits 19,075 21,815
Proceeds from exercise of stock options 165 2,011
Payment of employee restricted stock tax withholdings (1,295) (1,703)
Excess tax deficit from share-based payment arrangements (1,403) (48)
Capitalized debt issuance costs (180) (2,051)
Net cash used in financing activities (114,200) (84,750)
EFFECT OF EXCHANGE RATE CHANGES ON CASH (203) (754)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (2,474) 1,947
Cash and cash equivalents at beginning of period 18,593 17,380
Cash and cash equivalents at end of period 16,119 19,327
Supplemental disclosures of cash flow information:    
Cash paid for interest 13,188 12,115
Cash paid for federal and state income taxes, net of refunds $ 58,199 $ 50,461