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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Oct. 27, 2023
Oct. 28, 2022
Cash flows from operating activities:    
Net income $ 5,456 $ 17,129
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 26,669 24,791
Amortization of debt issuance costs 436 431
Loss on disposition of property and equipment 1,632 683
Share-based compensation 1,622 2,422
Noncash lease expense 15,180 15,013
Amortization of asset recognized from gain on sale and leaseback transactions 3,184 3,184
Changes in assets and liabilities:    
Inventories (17,905) (17,761)
Other current assets 1,358 (2,470)
Accounts payable (22,190) (34,391)
Other current liabilities (4,832) 2,242
Other long-term assets and liabilities (26,407) (11,873)
Net cash used in operating activities (15,797) (600)
Cash flows from investing activities:    
Purchase of property and equipment (24,718) (21,779)
Proceeds from insurance recoveries of property and equipment 81 153
Proceeds from sale of property and equipment 39 166
Net cash used in investing activities (24,598) (21,460)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 156,000 60,000
Principal payments under long-term debt (96,000) 0
Taxes withheld from issuance of share-based compensation awards (1,501) (2,380)
Purchases and retirement of common stock 0 (12,448)
Dividends on common stock (29,337) (29,512)
Net cash provided by financing activities 29,162 15,660
Net decrease in cash and cash equivalents (11,233) (6,400)
Cash and cash equivalents, beginning of period 25,147 45,105
Cash and cash equivalents, end of period 13,914 38,705
Cash paid during the period for:    
Interest, net of amounts capitalized 3,458 1,378
Income taxes 42 2,002
Supplemental schedule of non-cash investing and financing activities:    
Capital expenditures accrued in accounts payable [1] 4,316 4,594
Dividends declared but not yet paid [1] $ 30,046 $ 29,633
[1] See Note 8 for additional supplemental disclosures related to leases.