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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jul. 25, 2015
Jul. 26, 2014
Jul. 27, 2013
OPERATING ACTIVITIES:      
Net income $ 84,324 $ 39,978 $ 35,188
Adjustments to reconcile net income to net cash provided by operating activities, net of acquisitions:      
Depreciation and amortization 96,044 92,772 85,481
Deferred income tax provision (benefit) 1,244 (6,323) (2,270)
Stock-based compensation 13,923 12,596 9,902
Bad debt expense, net 465 615 139
Gain on sale of fixed assets (7,110) (10,706) (4,683)
Write-off of deferred financing costs 0 0 321
Amortization of premium on long-term debt (397) (369) (218)
Amortization of debt issuance costs and other 2,040 1,916 1,652
Excess tax benefit from share-based awards (8,371) (3,025) (1,283)
Other 0 0 57
Change in operating assets and liabilities:      
Accounts receivable, net (40,444) (16,949) 3,625
Costs and estimated earnings in excess of billings, net (41,021) (25,356) (12,338)
Other current assets and inventory (1,138) (12,843) (1,083)
Other assets (6,875) (555) (31)
Income taxes receivable/payable 11,758 6,685 5,994
Accounts payable 7,114 (4,244) (11,163)
Accrued liabilities, insurance claims, and other liabilities 30,344 9,993 (2,546)
Net cash provided by operating activities 141,900 84,185 106,744
INVESTING ACTIVITIES:      
Cash paid for acquisitions, net of cash acquired (31,909) (17,088) (330,291)
Capital expenditures (102,997) (89,136) (64,650)
Proceeds from sale of assets 9,392 15,407 5,827
Changes in restricted cash (4,000) 0 0
Other investing activities (538) (303) 60
Net cash used in investing activities (130,052) (91,120) (389,054)
FINANCING ACTIVITIES:      
Proceeds from issuance of 7.125% senior subordinated notes due 2021 (including $3.8 million premium on fiscal 2013 issuance) 0 0 93,825
Proceeds from borrowings on senior credit agreement, including term loan 535,750 502,000 529,500
Principal payments on senior credit agreement, including term loan (467,563) (495,813) (358,625)
Debt issuance costs (3,854) 0 (6,739)
Repurchases of common stock (87,146) (9,999) (15,203)
Exercise of stock options 8,922 14,568 5,253
Restricted stock tax withholdings (4,711) (3,781) (884)
Excess tax benefit from share-based awards 8,371 3,025 1,283
Net cash (used in) provided by financing activities (1,000) (1,000) (74)
Net cash (used in) provided by financing activities (11,231) 9,000 248,336
Net increase (decrease) in cash and equivalents 617 2,065 (33,974)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 20,672 18,607 52,581
CASH AND EQUIVALENTS AT END OF PERIOD 21,289 20,672 18,607
Cash paid during the period for:      
Interest 25,369 25,291 21,414
Income taxes 39,057 26,738 19,128
Purchases of capital assets included in accounts payable or other accrued liabilities at period end $ 2,372 $ 2,651 $ 13,639