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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Aug. 01, 2015
Aug. 02, 2014
Aug. 03, 2013
Net Income $ 138,734 $ 125,482 $ 107,854
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 63,800 48,758 42,398
Deferred income tax expense 15,339 881 6,780
Share-based compensation 13,981 14,608 15,104
Excess tax benefit from share-based payment arrangements (2,746) (2,601) (1,952)
(Gain) loss on disposals of property and equipment (499) 647 (513)
Asset Impairment Charges 803 0 0
Gain associated with acquisition of land (2,824) (4,840) 0
Impairment of indefinite lived intangibles 0 0 1,629
Provision for doubtful accounts 5,059 3,152 4,227
Non-cash interest expense 389 2,012 651
Changes in assets and liabilities, net of acquired companies:      
Accounts receivable (42,257) (71,247) (34,739)
Inventories (153,701) (97,819) (123,904)
Prepaid expenses and other assets 4,541 2,024 (17,702)
Accounts payable 16,001 28,734 32,418
Accrued expenses and other liabilities (7,756) 12,627 12,080
Net cash provided by operating activities 48,864 62,418 44,331
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (129,134) (147,303) (66,554)
Purchases of acquired businesses, net of cash acquired (8,036) (211,574) (8,135)
Long-term investment (3,000) 0 0
Payment of company owned life insurance premiums (2,925) 0 0
Proceeds from disposals of property and equipment 1,026 6,084 2,368
Net cash used in investing activities (142,069) (352,793) (72,321)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from borrowings under revolving credit line 728,316 853,884 610,046
Repayments of borrowings under revolving credit line (779,461) (568,338) (594,107)
Proceeds from issuance of long-term debt 150,000 0 0
Repayments of long-term debt (11,197) (1,226) (353)
Increase in bank overdraft 5,003 11,501 6,347
Proceeds from exercise of stock options 3,415 2,215 1,942
Payment of employee restricted stock tax withholdings (2,430) (3,757) (3,484)
Excess tax benefit from share-based payment arrangements 2,746 2,601 1,952
Capitalized debt issuance costs (1,965) (1,523) 0
Net cash provided by financing activities 94,427 295,357 22,343
Effect of exchange rate changes on cash and cash equivalents 42 23 636
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 1,264 5,005 (5,011)
Cash and cash equivalents at beginning of period 16,116 11,111 16,122
Cash and cash equivalents at end of period 17,380 16,116 11,111
Supplemental disclosures of cash flow information:      
Non-cash financing activity 14,088 0 32,826
Non-cash investing activity 14,088 7,104 32,826
Cash paid for interest 14,632 6,599 5,246
Cash paid for federal and state income taxes, net of refunds $ 72,357 $ 77,091 $ 64,367