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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Apr. 29, 2016
May. 01, 2015
Cash flows from operating activities:    
Net income $ 138,276 $ 116,504
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 57,481 53,928
Loss on disposition of property and equipment 3,812 5,413
Share-based compensation 8,893 10,795
Excess tax benefit from share-based compensation (2,063) (3,224)
Changes in assets and liabilities:    
Inventories 7,176 29,021
Other current assets (10,294) (7,055)
Accounts payable (45,106) (9,150)
Other current liabilities (11,841) 9,661
Other long-term assets and liabilities 3,024 10,787
Net cash provided by operating activities 149,358 216,680
Cash flows from investing activities:    
Purchase of property and equipment (69,994) (60,239)
Proceeds from insurance recoveries of property and equipment 490 184
Proceeds from sale of property and equipment 639 1,563
Net cash used in investing activities (68,865) (58,492)
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 (5,281) (3,432)
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 (151,385) (71,750)
Excess tax benefit from share-based compensation 2,063 3,224
Net cash used in financing activities (169,256) (75,495)
Net (decrease) increase in cash and cash equivalents (88,763) 82,693
Cash and cash equivalents, beginning of period 265,455 [1] 119,361
Cash and cash equivalents, end of period 176,692 202,054
Cash paid during the period for:    
Interest, net of amounts capitalized 9,598 11,682
Income taxes 58,684 46,374
Supplemental schedule of non-cash investing and financing activities:    
Capital expenditures accrued in accounts payable 3,838 3,842
Change in fair value of interest rate swaps (11,508) 1,148
Change in deferred tax asset for interest rate swaps 4,383 (442)
Dividends declared but not yet paid $ 28,289 $ 24,610
[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.