XML 67 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Jul. 28, 2012
Jul. 30, 2011
Jul. 31, 2010
Net sales $ 5,236,021 $ 4,530,015 $ 3,757,139
Cost of sales 4,320,018 3,705,205 3,060,208
Gross profit 916,003 824,810 696,931
Operating expenses 755,744 688,859 582,029
Restructuring and asset impairment expenses 5,101 6,270  
Total operating expenses 760,845 695,129 582,029
Operating income 155,158 129,681 114,902
Other expense (income):      
Interest expense 4,734 5,000 5,845
Interest income (715) (1,226) (247)
Other, net 356 (528) (2,698)
Total other expense 4,375 3,246 2,900
Income before income taxes 150,783 126,435 112,002
Provision for income taxes 59,441 49,762 43,681
Net income $ 91,342 $ 76,673 $ 68,321
Basic per share data:      
Net income (in dollars per share) $ 1.87 $ 1.62 $ 1.58
Weighted average basic shares of common stock 48,766 47,459 43,184
Diluted per share data:      
Net income (in dollars per share) $ 1.86 $ 1.60 $ 1.57
Weighted average diluted shares of common stock 49,100 47,815 43,425