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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
May 29, 2021
May 30, 2020
Cash Flows from Operating Activities:    
Net income $ 152,060 $ 199,122
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 51,575 51,354
Non-cash operating lease cost 11,650 16,852
Stock-based compensation 13,407 12,463
Loss on disposal of property, plant and equipment 460 278
Inventory write-down 30,091  
Operating lease and fixed asset impairment due to restructuring 15,819  
Provision for credit losses 5,303 8,008
Changes in operating assets and liabilities:    
Accounts receivable (77,130) (13,788)
Inventories (82,864) (17,049)
Prepaid expenses and other current assets (38,658) (17,082)
Operating lease liabilities (25,576) (16,634)
Other assets 585 2,008
Accounts payable and accrued liabilities 82,638 (10,591)
Total adjustments (12,700) 15,819
Net cash provided by operating activities 139,360 214,941
Cash Flows from Investing Activities:    
Expenditures for property, plant and equipment (37,598) (35,920)
Cash used in business acquisitions, net of cash acquired   (2,286)
Net cash used in investing activities (37,598) (38,206)
Cash Flows from Financing Activities:    
Repurchases of common stock (50,700) (3,236)
Payments of regular cash dividends (125,707) (124,851)
Payments of special cash dividends (195,351) (277,634)
Proceeds from sale of Class A Common Stock in connection with associate stock purchase plan 3,112 3,287
Proceeds from exercise of Class A Common Stock options 28,969 13,530
Borrowings under credit facilities 505,000 1,012,200
Payments under credit facilities (365,000) (578,000)
Proceeds from long-term debt   100,000
Payments on finance lease and financing obligations (1,896) (1,629)
Other, net 1,286 1,162
Net cash provided by (used in) financing activities (200,287) 144,829
Effect of foreign exchange rate changes on cash and cash equivalents 743 (457)
Net increase (decrease) in cash and cash equivalents (97,782) 321,107
Cash and cash equivalents—beginning of period 125,211 32,286
Cash and cash equivalents—end of period 27,429 353,393
Supplemental Disclosure of Cash Flow Information:    
Cash paid for income taxes 60,903 39,672
Cash paid for interest $ 8,776 $ 8,501