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CONSOLIDATED STATMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Apr. 27, 2024
Apr. 29, 2023
Apr. 27, 2024
Apr. 29, 2023
Sales $ 546,396 $ 529,294 $ 1,658,329 $ 1,612,848
Cost of sales 390,464 378,071 1,186,007 1,157,461
Gross profit 155,932 151,223 472,322 455,387
Operating and administrative expense 137,650 128,787 404,419 384,452
Depreciation and amortization 8,078 8,392 25,108 25,597
Operating income 10,204 14,044 42,795 45,338
Interest expense (1,015) (1,085) (3,125) (3,137)
Interest income 3,634 3,151 11,202 7,798
Income before income taxes 12,823 16,110 50,872 49,999
Income taxes 3,857 5,093 15,842 15,577
Net income $ 8,966 $ 11,017 $ 35,030 $ 34,422
Common Class A        
Net income per share:        
Basic (in dollars per share) $ 0.67 $ 0.84 $ 2.63 $ 2.64
Diluted (in dollars per share) 0.60 0.75 2.36 2.36
Common Class B        
Net income per share:        
Basic (in dollars per share) 0.44 0.54 1.71 1.71
Diluted (in dollars per share) $ 0.44 $ 0.54 $ 1.71 $ 1.71