Fair Value Measurements (Tables)

6 Months Ended

Jan. 27, 2017

Fair Value Measurements [Abstract]

Assets and Liabilities Measured at Fair Value on a Recurring Basis

The Company’s assets and liabilities measured at fair value on a recurring basis at January 27, 2017 were as follows:

	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Fair Value
Cash equivalents*	$	110,120	$	--	$	--	$	110,120
Interest rate swap asset (see Note 5)		--		1,790		--		1,790
Deferred compensation plan assets**		28,780		--		--		28,780
Total assets at fair value	$	138,900	$	1,790	$	--	$	140,690
Interest rate swap liability (see Note 5)	$	--	$	6,540	$	--	$	6,540
Total liabilities at fair value	$	--	$	6,540	$	--	$	6,540

The Company’s assets and liabilities measured at fair value on a recurring basis at July 29, 2016 were as follows:

	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Fair Value
Cash equivalents*	$	76,084	$	--	$	--	$	76,084
Interest rate swap asset (see Note 5)		--		--		--		--
Deferred compensation plan assets**		27,764		--		--		27,764
Total assets at fair value	$	103,848	$	--	$	--	$	103,848
Interest rate swap liability (see Note 5)	$	--	$	22,250	$	--	$	22,250
Total liabilities at fair value	$	--	$	22,250	$	--	$	22,250

*Consists of money market fund investments.

**Represents plan assets invested in mutual funds established under a rabbi trust for the Company’s non-qualified savings plan and is included in the Condensed Consolidated Balance Sheets as other assets.