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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jul. 29, 2017
Jul. 30, 2016
Aug. 01, 2015
Net sales $ 9,274,471 $ 8,470,286 $ 8,184,978
Cost of sales 7,845,550 7,190,935 6,924,463
Gross profit 1,428,921 1,279,351 1,260,515
Operating expenses 1,196,032 1,049,690 1,017,755
Restructuring and asset impairment expenses 6,864 5,552 803
Total operating expenses 1,202,896 1,055,242 1,018,558
Operating income 226,025 224,109 241,957
Other expense (income):      
Interest expense 17,114 16,259 14,498
Interest income (360) (1,115) (356)
Other, net (5,152) 743 (1,954)
Total other expense, net 11,602 15,887 12,188
Income before income taxes 214,423 208,222 229,769
Provision for income taxes 84,268 82,456 91,035
Net income $ 130,155 $ 125,766 $ 138,734
Basic per share data:      
Net income (in dollars per share) $ 2.57 $ 2.50 $ 2.77
Weighted average basic shares of common stock 50,570 50,313 50,021
Diluted per share data:      
Net income (in dollars per share) $ 2.56 $ 2.50 $ 2.76
Weighted average diluted shares of common stock 50,775 50,399 50,267