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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Oct. 28, 2017
Oct. 29, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 30,505 $ 29,217
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 22,442 21,215
Share-based compensation 7,275 6,653
Loss on disposals of property and equipment 103 265
Gain associated with acquisition of land 699 0
Excess tax deficit from share-based payment arrangements 0 1,421
Deferred Income Tax Expense (Benefit) 891 0
Provision for doubtful accounts 1,656 626
Non-cash interest expense (income) 344 (96)
Changes in assets and liabilities, net of acquired businesses:    
Accounts receivable (75,416) (43,272)
Inventories (136,641) (55,127)
Prepaid expenses and other assets (3,174) 1,581
Accounts payable 72,400 33,913
Accrued expenses and other liabilities 8,284 (3,651)
Net cash used in operating activities (72,030) (7,255)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (5,257) (9,198)
Purchases of acquired businesses, net of cash acquired (11) (10,074)
Proceeds from Sale of Property, Plant, and Equipment 34 0
Payments for (Proceeds from) Other Investing Activities 756 0
Net cash used in investing activities (4,478) (19,272)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of long-term debt (2,985) (367)
Payments for Repurchase of Common Stock (6,449) 0
Proceeds from borrowings under revolving credit line 173,581 94,356
Repayments of borrowings under revolving credit line (109,229) (99,408)
Increase in bank overdraft 31,873 29,787
Proceeds from exercise of stock options 151  
Payment of employee restricted stock tax withholdings (4,389) (1,160)
Excess tax deficit from share-based payment arrangements 0 (1,421)
Capitalized debt issuance costs 0 (180)
Net cash provided by financing activities 82,553 21,607
EFFECT OF EXCHANGE RATE CHANGES ON CASH (304) (117)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 5,741 (5,037)
Cash and cash equivalents at beginning of period 15,414 18,593
Cash and cash equivalents at end of period 21,155 13,556
Supplemental disclosures of cash flow information:    
Cash paid for interest 3,667 4,522
Cash paid for federal and state income taxes, net of refunds $ 2,559 $ 2,873