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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Oct. 30, 2015
Oct. 31, 2014
Cash flows from operating activities:    
Net income $ 40,865 $ 34,024
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 18,687 17,511
Loss on disposition of property and equipment 1,425 2,170
Share-based compensation 1,952 2,735
Excess tax benefit from share-based compensation (1,920) (1,963)
Changes in assets and liabilities:    
Inventories (33,172) (12,315)
Other current assets (3,960) 7,362
Accounts payable (19,849) (6,076)
Other current liabilities (7,734) (6,724)
Other long-term assets and liabilities (649) 5
Net cash (used in) provided by operating activities (4,355) 36,729
Cash flows from investing activities:    
Purchase of property and equipment (17,057) (18,437)
Proceeds from insurance recoveries of property and equipment 41 18
Proceeds from sale of property and equipment 45 1,007
Net cash used in investing activities (16,971) (17,412)
Cash flows from financing activities:    
(Taxes withheld) and proceeds from issuance of share-based compensation awards, net (5,243) (4,719)
Principal payments under long-term debt and other long-term obligations 0 (6,250)
Purchases and retirement of common stock (14,653) 0
Dividends on common stock (98,613) (23,821)
Excess tax benefit from share-based compensation 1,920 1,963
Net cash used in financing activities (116,589) (32,827)
Net (decrease) in cash and cash equivalents (137,915) (13,510)
Cash and cash equivalents, beginning of period [1] 265,455 119,361
Cash and cash equivalents, end of period 127,540 105,851
Cash paid during the period for:    
Interest, net of amounts capitalized 3,142 3,914
Income taxes 2,290 304
Supplemental schedule of non-cash investing and financing activities:    
Capital expenditures accrued in accounts payable 3,971 2,769
Change in fair value of interest rate swaps (4,882) (775)
Change in deferred tax asset for interest rate swaps 1,849 299
Dividends declared but not yet paid $ 27,632 $ 24,183
[1] This Condensed Consolidated Balance Sheet has been derived from the audited Consolidated Balance Sheet as of July 31, 2015, as filed with the Securities and Exchange Commission in the Company's Annual Report on Form 10-K for the fiscal year ended July 31, 2015.