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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Jul. 25, 2020
Jul. 27, 2019
Sales $ 1,804,594 $ 1,643,502
Cost of sales 1,298,119 1,186,786
Gross profit 506,475 456,716
Operating and administrative expense 444,833 394,750
Depreciation and amortization 31,358 27,290
Operating income 30,284 34,676
Interest expense (2,611) (4,436)
Interest income 4,060 5,283
Income before income taxes 31,733 35,523
Income taxes 6,794 9,984
Net income $ 24,939 $ 25,539
Class A Common Stock    
Net income per share:    
Basic (in dollars per share) $ 1.93 $ 1.98
Diluted (in dollars per share) 1.72 1.77
Class B Common Stock    
Net income per share:    
Basic (in dollars per share) 1.25 1.29
Diluted (in dollars per share) $ 1.25 $ 1.29