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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Oct. 29, 2016
Oct. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 29,217 $ 30,131
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 21,215 16,704
Share-based compensation 6,653 5,973
Loss on disposals of property and equipment 265 194
Excess tax deficit (benefit) from share-based payment arrangements 1,421 (414)
Provision for doubtful accounts 626 3,207
Non-cash interest income (96) (102)
Changes in assets and liabilities, net of acquired businesses:    
Accounts receivable (43,272) (19,866)
Inventories (55,127) (100,387)
Prepaid expenses and other assets 1,581 4,455
Accounts payable 33,913 58,395
Accrued expenses and other liabilities (3,651) 7,202
Net cash (used in) provided by operating activities (7,255) 5,492
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (9,198) (7,588)
Purchases of acquired businesses, net of cash acquired (10,074) (17)
Net cash used in investing activities (19,272) (7,605)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of long-term debt (367) (2,890)
Proceeds from borrowings under revolving credit line 94,356 122,650
Repayments of borrowings under revolving credit line (99,408) (169,591)
Increase in bank overdraft 29,787 47,084
Proceeds from exercise of stock options   921
Payment of employee restricted stock tax withholdings (1,160) (1,576)
Excess tax (deficit) benefit from share-based payment arrangements (1,421) 414
Capitalized debt issuance costs (180) 0
Net cash provided by (used in) financing activities 21,607 (2,988)
EFFECT OF EXCHANGE RATE CHANGES ON CASH (117) 14
NET DECREASE IN CASH AND CASH EQUIVALENTS (5,037) (5,087)
Cash and cash equivalents at beginning of period 18,593 17,380
Cash and cash equivalents at end of period 13,556 12,293
Supplemental disclosures of cash flow information:    
Cash paid for interest 4,522 4,354
Cash paid for federal and state income taxes, net of refunds $ 2,873 $ 1,768