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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jan. 28, 2012
Jan. 29, 2011
Net income $ 15,883 $ 10,550
Depreciation and amortization 9,632 9,118
Deferred taxes (700) 268
Provision to value inventories at LIFO 560 300
Non-cash share-based compensation 1,576 1,369
Change in merchandise inventories (3,862) (1,636)
Change in patronage dividend receivable 4,787 5,023
Change in accounts payable to Wakefern 195 981
Change in accounts payable and accrued expenses (6,019) 1,194
Change in income taxes payable 764 286
Change in other assets and liabilities (211) 3,869
Net cash provided by operating activities 22,605 31,322
Capital expenditures (10,059) (7,834)
Investment in notes receivable from Wakefern (694) (648)
Net cash used in investing activities (10,753) (8,482)
Proceeds from exercise of stock options 305 515
Excess tax benefit related to share-based compensation 41 211
Principal payments of long-term debt (782) (719)
Dividends (4,011) (16,798)
Net cash used in financing activities (4,447) (16,791)
NET INCREASE IN CASH AND CASH EQUIVALENTS 7,405 6,049
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 91,362 69,043
CASH AND CASH EQUIVALENTS, END OF PERIOD 98,767 75,092
Cash payments for interest 2,114 2,137
Cash payments for income taxes 11,477 6,846
Non-cash investment in Wakefern $ 269 $ 647