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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jul. 28, 2018
Jul. 29, 2017
Jul. 30, 2016
Net sales $ 10,226,683 $ 9,274,471 $ 8,470,286
Cost of sales 8,703,916 7,845,550 7,190,935
Gross profit 1,522,767 1,428,921 1,279,351
Operating expenses 1,279,529 1,196,032 1,049,690
Restructuring and asset impairment expenses 16,013 6,864 5,552
Total operating expenses 1,295,542 1,202,896 1,055,242
Operating income 227,225 226,025 224,109
Other expense (income):      
Interest expense 16,471 17,114 16,259
Interest income (446) (360) (1,115)
Other, net (1,545) (5,152) 743
Total other expense, net 14,480 11,602 15,887
Income before income taxes 212,745 214,423 208,222
Provision for income taxes 47,075 84,268 82,456
Net income $ 165,670 $ 130,155 $ 125,766
Basic per share data:      
Net income (in dollars per share) $ 3.28 $ 2.57 $ 2.50
Weighted average basic shares of common stock 50,530 50,570 50,313
Diluted per share data:      
Net income (in dollars per share) $ 3.26 $ 2.56 $ 2.50
Weighted average diluted shares of common stock 50,837 50,775 50,399