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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jan. 29, 2016
Jan. 30, 2015
Cash flows from operating activities:    
Net income $ 89,107 $ 81,187
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 37,783 35,506
Loss on disposition of property and equipment 2,667 3,995
Share-based compensation 4,955 6,330
Excess tax benefit from share-based compensation (1,948) (2,299)
Changes in assets and liabilities:    
Inventories 2,099 24,606
Other current assets (2,471) 952
Accounts payable (41,643) (15,575)
Deferred revenue 28,222 29,803
Other current liabilities (33,299) (13,922)
Other long-term assets and liabilities 141 2,483
Net cash provided by operating activities 85,613 153,066
Cash flows from investing activities:    
Purchase of property and equipment (36,972) (37,788)
Proceeds from insurance recoveries of property and equipment 175 141
Proceeds from sale of property and equipment 472 1,317
Net cash used in investing activities (36,325) (36,330)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 0 406,250
(Taxes withheld) and proceeds from issuance of share-based compensation awards, net (5,343) (4,420)
Principal payments under long-term debt and other long-term obligations 0 (406,250)
Purchases and retirement of common stock (14,653) 0
Deferred financing costs 0 (3,537)
Dividends on common stock (125,052) (47,830)
Excess tax benefit from share-based compensation 1,948 2,299
Net cash used in financing activities (143,100) (53,488)
Net (decrease) increase in cash and cash equivalents (93,812) 63,248
Cash and cash equivalents, beginning of period 265,455 [1] 119,361
Cash and cash equivalents, end of period 171,643 182,609
Cash paid during the period for:    
Interest, net of amounts capitalized 6,331 9,085
Income taxes 37,662 27,264
Supplemental schedule of non-cash investing and financing activities:    
Capital expenditures accrued in accounts payable 2,988 2,546
Change in fair value of interest rate swaps (9,930) (6,887)
Change in deferred tax asset for interest rate swaps 3,780 2,656
Dividends declared but not yet paid $ 27,877 $ 24,340
[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.