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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Oct. 28, 2022
Oct. 29, 2021
Cash flows from operating activities:    
Net income $ 17,129 $ 33,376
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 24,791 25,788
Amortization of debt issuance costs 431 479
Loss on disposition of property and equipment 683 1,870
Share-based compensation 2,422 2,309
Noncash lease expense 15,013 14,329
Amortization of asset recognized from gain on sale and leaseback transactions 3,184 3,184
Changes in assets and liabilities:    
Inventories (17,761) (21,313)
Other current assets (2,470) (1,401)
Accounts payable (34,391) 3,023
Other current liabilities 2,242 (23,693)
Other long-term assets and liabilities (11,873) (14,928)
Net cash (used in) provided by operating activities (600) 23,023
Cash flows from investing activities:    
Purchase of property and equipment (21,779) (14,097)
Proceeds from insurance recoveries of property and equipment 153 44
Proceeds from sale of property and equipment 166 14
Acquisition of business, net of cash acquired 0 (1,500)
Net cash used in investing activities (21,460) (15,539)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 60,000 0
Taxes withheld from issuance of share-based compensation awards (2,380) (2,309)
Purchases and retirement of common stock (12,448) 0
Dividends on common stock (29,512) (23,903)
Net cash provided by (used in) financing activities 15,660 (26,212)
Net decrease in cash and cash equivalents (6,400) (18,728)
Cash and cash equivalents, beginning of period 45,105 144,593
Cash and cash equivalents, end of period 38,705 125,865
Cash paid during the period for:    
Interest, net of amounts capitalized 1,378 2,686
Income taxes 2,002 12
Supplemental schedule of non-cash investing and financing activities:    
Capital expenditures accrued in accounts payable [1] 4,594 3,048
Dividends declared but not yet paid [1] $ 29,633 $ 31,007
[1] See Note 8 for additional supplemental disclosures related to leases.