XML 38 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Jun. 01, 2013
May 26, 2012
Cash Flows from Operating Activities:    
Net income $ 181,620 $ 190,116
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 33,994 25,279
Stock-based compensation 11,989 11,410
Loss on disposal of property, plant, and equipment 791 876
Provision for doubtful accounts 2,111 2,520
Deferred income taxes 0 3,025
Excess tax benefits from stock-based compensation (5,563) (4,844)
Write-off of deferred financing costs on previous credit facility 594  
Changes in operating assets and liabilities, net of amounts associated with business acquired:    
Accounts receivable (6,791) (30,150)
Inventories 28,084 (44,499)
Prepaid expenses and other current assets (11,136) (11,837)
Other assets 2,162 4,388
Accounts payable and accrued liabilities 7,574 (1,076)
Total adjustments 63,809 (44,908)
Net cash provided by operating activities 245,429 145,208
Cash Flows from Investing Activities:    
Expenditures for property, plant and equipment (62,305) (28,753)
Cash used in business acquisition, net of cash received (548,769) (33,451)
Net cash used in investing activities (611,074) (62,204)
Cash Flows from Financing Activities:    
Purchases of treasury stock (3,656) (47,986)
Payments of cash dividends (56,843) (47,341)
Payments on capital lease and financing obligations (981) (721)
Excess tax benefits from stock-based compensation 5,563 4,844
Proceeds from sale of Class A common stock in connection with associate stock purchase plan 2,891 2,630
Proceeds from exercise of Class A common stock options 19,986 19,566
Borrowings under financing obligations 257 1,050
Borrowings under Credit Facility 370,000  
Credit facility financing costs (1,904)  
Payments under revolving loans from credit facility (80,000)  
Net cash provided (used) by financing activities 255,313 (67,958)
Effect of foreign exchange rate changes on cash and cash equivalents (104) (56)
Net (decrease) increase in cash and cash equivalents (110,436) 14,990
Cash and cash equivalents-beginning of period 168,453 95,959
Cash and cash equivalents-end of period 58,017 110,949
Supplemental Disclosure of Cash Flow Information:    
Cash paid for income taxes 102,107 113,299
Cash paid for interest $ 367 $ 34