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QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
Jul. 29, 2017
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 July 29, 2017 and July 30, 2016:

 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Full Year
 
 
(In thousands except per share data)
 
2017
 
 
 
 
 
 
 
 
 
 
Net sales
$
2,278,364

 
$
2,285,518

 
$
2,369,556

 
$
2,341,033

 
$
9,274,471

 
Gross profit
349,016

 
344,945

 
366,361

 
368,599

 
1,428,921

 
Income before income taxes
48,533

 
42,028

 
60,325

 
63,537

 
214,423

 
Net income
29,217

 
25,482

 
36,587

 
38,869

 
130,155

 
Per common share income
 
 
 
 
 
 
 
 
 
 
Basic:
$
0.58

 
$
0.50

 
$
0.72

 
$
0.77

 
$
2.57


Diluted:
$
0.58

 
$
0.50

 
$
0.72

 
$
0.76

 
$
2.56


Weighted average basic
 
 
 
 
 
 
 
 
 
 
Shares outstanding
50,475

 
50,587

 
50,601

 
50,617

 
50,570

 
Weighted average diluted
 
 
 
 
 
 
 
 
 
 
Shares outstanding
50,599

 
50,755

 
50,801

 
50,947

 
50,775

 
Market Price
 
 
 
 
 
 
 
 
 
 
High
$
50.06

 
$
49.39

 
$
45.99

 
$
42.38

 
$
50.06

 
Low
$
38.55

 
$
40.81

 
$
39.47

 
$
34.60

 
$
34.60

 

 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Full Year
 
 
(In thousands except per share data)
 
2016
 
 
 
 
 
 
 
 
 
 
Net sales
$
2,076,649

 
$
2,047,712

 
$
2,132,104

 
$
2,213,821

 
$
8,470,286

 
Gross profit
313,937

 
297,518

 
322,433

 
345,463

 
1,279,351

 
Income before income taxes
50,135

 
37,742

 
62,676

 
57,669

 
208,222

 
Net income
30,131

 
22,683

 
38,271

 
34,681

 
125,766

 
Per common share income
 
 
 
 
 
 
 
 
 
 
Basic:
$
0.60

 
$
0.45

 
$
0.76

 
$
0.69

 
$
2.50


Diluted:
$
0.60

 
$
0.45

 
$
0.76

 
$
0.69

 
$
2.50


Weighted average basic
 
 
 
 
 
 
 
 
 
 
Shares outstanding
50,194

 
50,326

 
50,350

 
50,381

 
50,313

 
Weighted average diluted
 
 
 
 
 
 
 
 
 
 
Shares outstanding
50,313

 
50,388

 
50,379

 
50,516

 
50,399

 
Market Price
 
 
 
 
 
 
 
 
 
 
High
$
55.69

 
$
52.07

 
$
43.02

 
$
52.18

 
$
55.69

 
Low
$
44.05

 
$
33.85

 
$
29.75

 
$
33.16

 
$
29.75