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Shareholders' Equity
 9 Months Ended
Apr. 29, 2016
Shareholders' Equity [Abstract]  
Shareholders' Equity
6.Shareholders’ Equity

During the nine months ended April 29, 2016, the Company issued 66,243 shares of its common stock resulting from the vesting of share-based compensation awards and stock option exercises.  Related tax withholding payments on these share-based compensation awards exceeded proceeds received from the exercise of stock options, which resulted in a net reduction to shareholders’ equity of $5,281.

During the nine months ended April 29, 2016, the Company repurchased 100,000 shares of its common stock in the open market at an aggregate cost of $14,653.

During the nine months ended April 29, 2016, total share-based compensation expense was $8,893.  The excess tax benefit realized upon exercise of share-based compensation awards was $2,063.

During the nine months ended April 29, 2016, the Company paid regular dividends of $3.30 per share of its common stock and a special dividend of $3.00 per share of its common stock and declared a regular dividend of $1.10 per share of its common stock that was paid on May 5, 2016 to shareholders of record on April 15, 2016.

The following table summarizes the changes in AOCL, net of tax, related to the Company’s interest rate swaps for the nine months ended April 29, 2016 (see Notes 2 and 5):

  
Changes in AOCL
 
AOCL balance at July 31, 2015
 
$
(3,725
)
Other comprehensive loss before reclassifications
  
(4,469
)
Amounts reclassified from AOCL
  
(2,656
)
Other comprehensive loss, net of tax
  
(7,125
)
AOCL balance at April 29, 2016
 
$
(10,850
)

The following table summarizes the amounts reclassified out of AOCL related to the Company’s interest rate swaps for the quarter and nine months ended April 29, 2016:

  
Amount Reclassified from AOCL
 Affected Line Item in the
  
Quarter Ended
  
Nine Months Ended
 Condensed Consolidated
Financial Statements 
Loss on cash flow hedges:
          
Interest rate swaps
 
$
(1,409
)
 
$
(4,301
)
 
Interest expense
Tax benefit
  
539
   
1,645
  
Provision for income taxes
  
$
(870
)
 
$
(2,656
)
 
Net of tax