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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jan. 31, 2020
Feb. 01, 2019
Cash flows from operating activities:    
Net income $ 104,391 $ 107,962
Net loss from unconsolidated subsidiary 9,564 0
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 58,277 51,056
Loss on disposition of property and equipment 4,005 5,760
Impairment 664 0
Share-based compensation 3,920 4,133
Noncash lease expense 30,845 0
Changes in assets and liabilities:    
Inventories (2,167) 4,851
Other current assets (5,005) (2,334)
Accounts payable (10,779) (4,447)
Other current liabilities 6,609 20,641
Other long-term assets and liabilities (16,320) 3,241
Net cash provided by operating activities 184,004 190,863
Cash flows from investing activities:    
Purchase of property and equipment (58,371) (70,286)
Proceeds from insurance recoveries of property and equipment 82 457
Proceeds from sale of property and equipment 1,565 91
Notes receivable from unconsolidated subsidiary (33,000) 0
Acquisition of business, net of cash acquired (32,971) 0
Net cash used in investing activities (122,695) (69,738)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 215,000 400,000
Taxes withheld from issuance of share-based compensation awards (1,994) (2,057)
Principal payments under long-term debt (155,000) (400,000)
Purchases and retirement of common stock (20,000) 0
Deferred financing costs 0 (3,022)
Dividends on common stock (63,359) (61,138)
Net cash used in financing activities (25,353) (66,217)
Net increase in cash and cash equivalents 35,956 54,908
Cash and cash equivalents, beginning of period 36,884 114,656
Cash and cash equivalents, end of period 72,840 169,564
Cash paid during the period for:    
Interest, net of amounts capitalized 8,564 4,217
Income taxes 5,277 20,201
Supplemental schedule of non-cash investing and financing activities:    
Capital expenditures accrued in accounts payable [1] 3,244 7,548
Change in fair value of interest rate swaps [1] (3,235) (3,672)
Change in deferred tax asset for interest rate swaps [1] 748 926
Dividends declared but not yet paid [1] $ 32,231 $ 31,093
[1] *See Note 11 for additional supplemental disclosures related to leases