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CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands
12 Months Ended
Jul. 29, 2016
USD ($)
Jul. 31, 2015
USD ($)
Aug. 01, 2014
USD ($)
Cash flows from operating activities:      
Net income $ 189,299 $ 163,903 $ 132,128
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 78,223 72,955 68,389
Loss on disposition of property and equipment 7,146 6,872 5,163
Share-based compensation 13,202 16,210 7,924
Excess tax benefit from share-based compensation (2,626) (4,705) (1,248)
Changes in assets and liabilities:      
Accounts receivable (1,339) 4,654 (6,762)
Income taxes receivable (13,558) 2,973 (1,725)
Inventories 750 12,368 (18,739)
Prepaid expenses and other current assets (406) (2,170) 651
Other assets 130 (1,659) (1,701)
Accounts payable (624) 34,640 (12,160)
Taxes withheld and accrued (1,500) 2,800 1,185
Accrued employee compensation (6,246) 6,485 (1,847)
Accrued employee benefits 211 1,667 1,573
Deferred revenues 5,048 9,155 5,727
Other current liabilities (3,705) 4,034 (1,960)
Other long-term obligations (6,269) 11,090 3,865
Deferred income taxes 13,642 (7,217) (2,838)
Net cash provided by operating activities 271,378 334,055 177,625
Cash flows from investing activities:      
Purchase of property and equipment (114,022) (90,855) (91,646)
Proceeds from insurance recoveries of property and equipment 662 365 1,082
Proceeds from sale of property and equipment 845 1,876 1,749
Net cash used in investing activities (112,515) (88,614) (88,815)
Cash flows from financing activities:      
Proceeds from issuance of long-term debt 0 406,250 0
(Taxes withheld) and proceeds from issuance of share-based compensation awards, net (5,779) (4,816) (8,457)
Principal payments under long-term debt and other long-term obligations 0 (406,250) (1)
Purchases and retirement of common stock (14,653) 0 (12,473)
Deferred financing costs 0 (3,537) 0
Dividends on common stock (255,546) (95,699) (71,484)
Excess tax benefit from share-based compensation 2,626 4,705 1,248
Net cash used in financing activities (273,352) (99,347) (91,167)
Net (decrease) increase in cash and cash equivalents (114,489) 146,094 (2,357)
Cash and cash equivalents, beginning of year 265,455 119,361 121,718
Cash and cash equivalents, end of year 150,966 265,455 119,361
Cash paid during the year for:      
Interest, net of amounts capitalized 12,752 15,356 15,856
Income taxes 84,868 69,948 66,444
Supplemental schedule of non-cash investing and financing activities:      
Capital expenditures accrued in accounts payable 6,379 5,800 5,767
Change in fair value of interest rate swaps (16,188) 1,641 3,058
Change in deferred tax asset for interest rate swaps 6,173 (633) (1,179)
Dividends declared but not yet paid $ 30,625 $ 99,678 $ 23,997