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QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
Aug. 01, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of interim financial information
The following table sets forth certain key interim financial information for the fiscal years ended August 1, 2015 and August 2, 2014:

 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Full Year
 
 
(In thousands except per share data)
 
2015
 
 
 
 
 
 
 
 
 
 
Net sales
$
1,992,476

 
$
2,016,546

 
$
2,114,643

 
$
2,061,313

 
$
8,184,978

 
Gross profit
318,996

 
299,199

 
325,914

 
316,406

 
1,260,515

 
Income before income taxes
54,615

 
46,023

 
69,571

 
59,560

 
229,769

 
Net income
33,042

 
27,844

 
41,750

 
36,098

 
138,734

 
Per common share income
 
 
 
 
 
 
 
 
 
 
Basic:
$
0.66

 
$
0.56

 
$
0.83

 
$
0.72

 
$
2.77


Diluted:
$
0.66

 
$
0.55

 
$
0.83

 
$
0.72

 
$
2.76


Weighted average basic
 
 
 
 
 
 
 
 
 
 
Shares outstanding
49,889

 
50,025

 
50,079

 
50,091

 
50,021

 
Weighted average diluted
 
 
 
 
 
 
 
 
 
 
Shares outstanding
50,113

 
50,277

 
50,348

 
50,330

 
50,267

 
Market Price
 
 
 
 
 
 
 
 
 
 
High
$
69.51

 
$
80.77

 
$
83.91

 
$
69.26

 
$
83.91

 
Low
$
58.48

 
$
67.71

 
$
66.34

 
$
45.26

 
$
45.26

 

 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Full Year
 
 
(In thousands except per share data)
 
2014
 
 
 
 
 
 
 
 
 
 
Net sales
$
1,602,011

 
$
1,646,041

 
$
1,781,729

 
$
1,764,666

 
$
6,794,447

 
Gross profit
271,176

 
268,167

 
298,129

 
290,173

 
1,127,645

 
Income before income taxes
46,273

 
46,586

 
60,653

 
53,896

 
207,408

 
Net income
27,764

 
27,951

 
36,392

 
33,375

 
125,482

 
Per common share income
 
 
 
 
 
 
 
 
 
 
Basic:
$
0.56

 
$
0.56

 
$
0.73

 
$
0.67

 
$
2.53

*
Diluted:
$
0.56

 
$
0.56

 
$
0.73

 
$
0.67

 
$
2.52


Weighted average basic
 
 
 
 
 
 
 
 
 
 
Shares outstanding
49,439

 
49,615

 
49,635

 
49,675

 
49,602

 
Weighted average diluted
 
 
 
 
 
 
 
 
 
 
Shares outstanding
49,735

 
49,873

 
49,931

 
49,972

 
49,888

 
Market Price
 
 
 
 
 
 
 
 
 
 
High
$
75.85

 
$
76.85

 
$
79.64

 
$
69.85

 
$
79.64

 
Low
$
58.29

 
$
66.74

 
$
64.12

 
$
58.04

 
$
58.04

 

* Total reflects rounding