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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Nov. 28, 2015
Nov. 29, 2014
Operating activities:    
Net income $ 8,558 $ 9,895
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 1,370 1,061
LIFO (income) expense (90) 380
Stock-based compensation 623 901
Deferred income taxes 382 (447)
Postretirement benefit income and deferred compensation expense (777) (154)
Provision (benefit) for doubtful accounts 13 (4)
Gain on disposal of property (5) (17)
Gain on life insurance (118) 0
Increase in cash surrender value of life insurance policies (185) (187)
Change in assets and liabilities:    
Inventories (24,109) (38,285)
Receivables, prepaid and other assets 7,366 6,841
Investment in operating leases, net of repurchase obligations 0 154
Income taxes and unrecognized tax benefits 1,254 1,794
Accounts payable and accrued expenses (1,375) (632)
Postretirement and deferred compensation benefits (970) (922)
Net cash used in operating activities (8,063) (19,622)
Investing activities:    
Purchases of property and equipment (3,109) (2,310)
Proceeds from the sale of property 5 17
Proceeds from life insurance 295 0
Other (220) 293
Net cash used in investing activities (3,029) (2,000)
Financing activities:    
Payments for purchases of common stock (705) (5,950)
Payments of cash dividends (2,730) (2,442)
Other 9 13
Net cash used in financing activities (3,426) (8,379)
Net decrease in cash and cash equivalents (14,518) (30,001)
Cash and cash equivalents at beginning of period 70,239 57,804
Cash and cash equivalents at end of period 55,721 27,803
Supplemental cash flow disclosure:    
Income taxes paid, net 2,675 3,207
Non-cash transactions:    
Capital expenditures in accounts payable $ 826 $ 0