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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Apr. 28, 2017
Apr. 29, 2016
Cash flows from operating activities:    
Net income $ 148,006 $ 138,276
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 63,628 57,481
Loss on disposition of property and equipment 3,760 3,812
Share-based compensation 6,347 8,893
Excess tax benefit from share-based compensation (1,203) (2,063)
Changes in assets and liabilities:    
Inventories (3,224) 7,176
Other current assets 15,501 (10,294)
Accounts payable (34,031) (45,106)
Other current liabilities 5,013 (11,841)
Other long-term assets and liabilities (725) 3,024
Net cash provided by operating activities 203,072 149,358
Cash flows from investing activities:    
Purchase of property and equipment (81,249) (69,994)
Proceeds from insurance recoveries of property and equipment 388 490
Proceeds from sale of property and equipment 413 639
Net cash used in investing activities (80,448) (68,865)
Cash flows from financing activities:    
(Taxes withheld) and proceeds from issuance of share-based compensation awards, net (6,031) (5,281)
Purchases and retirement of common stock 0 (14,653)
Dividends on common stock (85,069) (151,385)
Excess tax benefit from share-based compensation 1,203 2,063
Net cash used in financing activities (89,897) (169,256)
Net increase (decrease) in cash and cash equivalents 32,727 (88,763)
Cash and cash equivalents, beginning of period 150,966 [1] 265,455
Cash and cash equivalents, end of period 183,693 176,692
Cash paid during the period for:    
Interest, net of amounts capitalized 9,880 9,598
Income taxes 54,201 58,684
Supplemental schedule of non-cash investing and financing activities:    
Capital expenditures accrued in accounts payable 3,845 3,838
Change in fair value of interest rate swaps 15,727 (11,508)
Change in deferred tax asset for interest rate swaps (6,015) 4,383
Dividends declared but not yet paid $ 29,270 $ 28,289
[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.