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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Jul. 31, 2021
Jul. 25, 2020
Sales $ 2,030,330 $ 1,804,594
Cost of sales 1,465,286 1,298,119
Gross profit 565,044 506,475
Operating and administrative expense 498,786 444,833
Depreciation and amortization 34,195 31,358
Impairment of assets 2,900 0
Operating income 29,163 30,284
Interest expense (3,943) (2,611)
Interest income 3,633 4,060
Income before income taxes 28,853 31,733
Income taxes 8,859 6,794
Net income $ 19,994 $ 24,939
Class A Common Stock    
Net income per share:    
Basic (in dollars per share) $ 1.53 $ 1.93
Diluted (in dollars per share) 1.37 1.72
Class B Common Stock    
Net income per share:    
Basic (in dollars per share) 1.00 1.25
Diluted (in dollars per share) $ 1.00 $ 1.25