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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Oct. 29, 2022
Oct. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 11,081 $ 7,328
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 8,950 8,712
Non-cash share-based compensation 608 644
Deferred taxes 103 (600)
Provision to value inventories at LIFO 538 250
Gain on sale of property, equipment and fixtures (17) (166)
Changes in assets and liabilities:    
Merchandise inventories (4,893) (3,638)
Patronage dividend receivable (4,745) (4,641)
Accounts payable to Wakefern 3,760 5,634
Accounts payable and accrued expenses 3,389 (1,655)
Accrued wages and benefits (697) (1,764)
Income taxes receivable / payable 4,492 (1,210)
Other assets and liabilities (550) (1,007)
Net cash provided by operating activities 22,019 7,887
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (9,813) (13,343)
Proceeds from the sale of assets 17 173
Investment in notes receivable from Wakefern (59,767) (592)
Maturity of notes receivable from Wakefern 28,850 0
Investment in real estate partnership (1,276) 0
Net cash used in investing activities (41,989) (13,762)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of long-term debt 10,000 0
Principal payments of long-term debt (2,352) (1,999)
Debt issuance costs (11) 0
Dividends (3,252) (3,264)
Treasury stock purchases, including shares surrendered for withholding taxes 0 (89)
Net cash provided by (used in) financing activities 4,385 (5,352)
NET DECREASE IN CASH AND CASH EQUIVALENTS (15,585) (11,227)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 134,832 116,314
CASH AND CASH EQUIVALENTS, END OF PERIOD 119,247 105,087
SUPPLEMENTAL DISCLOSURES OF CASH  PAYMENTS MADE FOR:    
Interest 1,087 970
Income taxes 380 5,050
NONCASH SUPPLEMENTAL DISCLOSURES:    
Capital expenditures included in accounts payable and accrued expenses $ 5,427 $ 3,693