Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Apr. 27, 2012

Derivative Instruments and Hedging Activities [Abstract]

Swapped portion of the outstanding debt or notional amount

A summary of the Company's interest rate swaps is as follows:

Trade Date	Effective Date	Term (in Years)		Notional Amount		Fixed Rate
May 4, 2006	August 3, 2006		7	$	550,000		5.57	%
August 10, 2010	May 3, 2013		2		200,000		2.73	%
July 25, 2011	May 3, 2013		2		50,000		2.00	%
July 25, 2011	May 3, 2013		3		50,000		2.45	%
September 19, 2011	May 3, 2013		2		25,000		1.05	%
September 19, 2011	May 3, 2013		2		25,000		1.05	%
December 7, 2011	May 3, 2013		3		50,000		1.40	%

Schedule of estimated fair value of derivative instruments

The estimated fair values of the Company's derivative instruments as of April 27, 2012 and July 29, 2011 were as follows:

	Balance Sheet Location	April 27, 2012		July 29, 2011
Interest rate swaps (See Note 2)	Interest rate swap liability	$	38,702	$	51,604

Schedule of pre-tax effects of derivative instruments on income and AOCL

The following table summarizes the pre-tax effects of the Company's derivative instruments on AOCL for the nine-month period ended April 27, 2012 and the year ended July 29, 2011:

	Amount of Income Recognized in AOCL on Derivatives (Effective Portion)
	Nine Months Ended		Year Ended
	April 27, 2012		July 29, 2011
Cash flow hedges:
Interest rate swaps	$	22,134	$	14,677

The following table summarizes the pre-tax effects of the Company's derivative instruments on income for the quarters and nine-month periods ended April 27, 2012 and April 29, 2011:

	Location of Loss Reclassified from AOCL into Income (Effective Portion)	Amount of Loss Reclassified from AOCL into Income (Effective Portion)
		Quarter Ended				Nine Months Ended
		April 27, 2012		April 29, 2011		April 27, 2012		April 29, 2011
Cash flow hedges:
Interest rate swaps	Interest expense	$	7,222	$	7,765	$	22,134	$	22,878