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SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jul. 29, 2017

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Property and equipment consisted of the following at July 29, 2017 and July 30, 2016:



	Original Estimated Useful Lives (Years)	2017		2016
	(In thousands, except years)
Land		$	52,989	$	52,641
Buildings and improvements	20-40	396,733		403,822
Leasehold improvements	5-20	138,466		136,758
Warehouse equipment	3-30	173,591		163,494
Office equipment	3-10	95,794		55,915
Computer software	3-7	147,647		146,766
Motor vehicles	3-7	4,657		4,597
Construction in progress		17,968		15,018
		1,027,845		979,011
Less accumulated depreciation and amortization		425,755		362,406
Net property and equipment		$	602,090	$	616,605

Schedule of amortization of intangible assets with definite lives on a straight-line basis

Goodwill and other intangible assets with indefinite lives are not amortized. Intangible assets with definite lives are amortized on a straight-line basis over the following lives:



Customer relationships		7-20 years
Non-competition agreements		1-10 years
Trademarks and tradenames		4-10 years

Schedule of changes in the carrying amount of goodwill and the amount allocated by reportable segment

The changes in the carrying amount of goodwill and the amount allocated by reportable segment for the years presented are as follows (in thousands):



	Wholesale			Other		Total
Goodwill as of August 2, 2015	$	248,909		$	17,731	$	266,640
Goodwill from prior fiscal year business combinations	99,142			294		99,436
Change in foreign exchange rates	92			—		92
Goodwill as of July 30, 2016	$	348,143		$	18,025	$	366,168
Goodwill from current fiscal year business combinations	10,102			—		10,102
Goodwill adjustment for prior fiscal year business combinations	(6,093		)	—		(6,093		)
Change in foreign exchange rates	1,082			—		1,082
Goodwill as of July 29, 2017	$	353,234		$	18,025	$	371,259

Schedule of entity's other intangible assets

The following table presents the detail of the Company's other intangible assets (in thousands):



	July 29, 2017						July 30, 2016
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Amortizing intangible assets:
Customer relationships	$	197,852	$	48,044	$	149,808	$	196,313	$	33,447	$	162,866
Non-compete agreements	2,900		1,334		1,566		2,900		753		2,147
Trademarks and tradenames	1,700		548		1,152		1,700		115		1,585
Total amortizing intangible assets	202,452		49,926		152,526		200,913		34,315		166,598
Indefinite lived intangible assets:
Trademarks and tradenames	55,763		—		55,763		55,716		—		55,716
Total	$	258,215	$	49,926	$	208,289	$	256,629	$	34,315	$	222,314

Schedule of estimated future amortization expense

The estimated future amortization expense for each of the next five fiscal years and thereafter on definite lived intangible assets existing as of July 29, 2017 is shown below:



Fiscal Year:	(In thousands)
2018	$	14,981
2019	14,440
2020	13,813
2021	12,908
2022	11,582
2023 and thereafter	84,802
	$	152,526

Schedule of fair value of financial instruments



	July 29, 2017				July 30, 2016
	Carrying Value		Fair Value		Carrying Value		Fair Value
	(In thousands)
Assets:
Cash and cash equivalents	$	15,414	$	15,414	$	18,593	$	18,593
Accounts receivable	525,636		525,636		489,708		489,708
Notes receivable	2,359		2,359		3,709		3,709
Liabilities:
Accounts payable	534,616		534,616		445,430		445,430
Notes payable	223,612		223,612		426,519		426,519
Long-term debt, including current portion	161,991		169,058		173,593		182,790

Schedule of reconciliation of the weighted average number of shares outstanding used in the computation of the basic and diluted earnings per share

reconciliation of the weighted average number of shares outstanding used in the computation of the basic and diluted earnings per share for all periods presented follows:



	Fiscal year ended
	July 29, 2017	July 30, 2016	August 1, 2015
	(In thousands)
Basic weighted average shares outstanding	50,570	50,313	50,021
Net effect of dilutive common stock equivalents based upon the treasury stock method	205	86	246
Diluted weighted average shares outstanding	50,775	50,399	50,267
Potential anti-dilutive share-based payment awards excluded from the computation above	44	84	7