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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Oct. 28, 2016
Oct. 30, 2015
Cash flows from operating activities:    
Net income $ 48,355 $ 40,865
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 20,534 18,687
Loss on disposition of property and equipment 1,107 1,425
Share-based compensation 1,425 1,952
Excess tax benefit from share-based compensation (1,062) (1,920)
Changes in assets and liabilities:    
Inventories (34,913) (33,172)
Other current assets 13,278 (3,960)
Accounts payable (13,479) (19,849)
Other current liabilities 1,186 (7,734)
Other long-term assets and liabilities (1,493) (649)
Net cash provided by (used in) operating activities 34,938 (4,355)
Cash flows from investing activities:    
Purchase of property and equipment (26,410) (17,057)
Proceeds from insurance recoveries of property and equipment 74 41
Proceeds from sale of property and equipment 265 45
Net cash used in investing activities (26,071) (16,971)
Cash flows from financing activities:    
(Taxes withheld) and proceeds from issuance of share-based compensation awards, net (6,138) (5,243)
Purchases and retirement of common stock 0 (14,653)
Dividends on common stock (29,649) (98,613)
Excess tax benefit from share-based compensation 1,062 1,920
Net cash used in financing activities (34,725) (116,589)
Net decrease in cash and cash equivalents (25,858) (137,915)
Cash and cash equivalents, beginning of period 150,966 [1] 265,455
Cash and cash equivalents, end of period 125,108 127,540
Cash paid during the period for:    
Interest, net of amounts capitalized 3,160 3,142
Income taxes 784 2,290
Supplemental schedule of non-cash investing and financing activities:    
Capital expenditures accrued in accounts payable 3,252 3,971
Change in fair value of interest rate swaps 6,106 (4,882)
Change in deferred tax asset for interest rate swaps (2,335) 1,849
Dividends declared but not yet paid $ 28,789 $ 27,632
[1] This Condensed Consolidated Balance Sheet has been derived from the audited Consolidated Balance Sheet as of July 29, 2016, as filed with the Securities and Exchange Commission in the Company's Annual Report on Form 10-K for the fiscal year ended July 29, 2016.