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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jan. 28, 2017
Jan. 23, 2016
OPERATING ACTIVITIES:    
Net income $ 74,713 $ 46,297
Adjustments to reconcile net income to net cash provided by operating activities, net of acquisitions:    
Depreciation and amortization 70,252 57,347
Deferred income tax provision 8,687 23,442
Stock-based compensation 11,015 8,708
Bad debt expense, net 141 471
Gain on sale of fixed assets (3,172) (2,152)
Write-off of deferred financing fees and premium on long-term debt 0 2,017
Amortization of debt discount 8,686 5,928
Amortization of debt issuance costs and other 1,634 1,285
Excess tax benefit from share-based awards (6,773) (11,323)
Change in operating assets and liabilities:    
Accounts receivable, net 19,108 7,797
Costs and estimated earnings in excess of billings, net (30,369) (18,221)
Other current assets and inventory (17,659) (9,194)
Other assets 753 (3,827)
Income taxes receivable/payable (33,341) (24,438)
Accounts payable (14,694) (15,299)
Accrued liabilities, insurance claims, and other liabilities (24,790) (22,309)
Net cash provided by operating activities 64,191 46,529
INVESTING ACTIVITIES:    
Capital expenditures (76,874) (90,878)
Proceeds from sale of assets 4,334 2,748
Changes in restricted cash (363) (479)
Cash paid for acquisitions, net of cash acquired 0 (48,804)
Proceeds from Previous Acquisition 1,825 0
Net cash used in investing activities (71,078) (137,413)
FINANCING ACTIVITIES:    
Proceeds from borrowings on senior credit agreement, including term loans 432,000 449,000
Principal payments on senior credit agreement, including term loans (401,375) (441,000)
Repurchases of common stock (25,000) (69,997)
Proceeds from issuance of 0.75% convertible senior notes due 2021 0 485,000
Proceeds from sale of warrants 0 74,690
Purchase of convertible note hedges 0 (115,818)
Principal payments for satisfaction and discharge of 7.125% senior subordinated notes 0 (277,500)
Debt issuance costs (70) (15,542)
Exercise of stock options 488 1,751
Restricted stock tax withholdings (10,225) (12,146)
Excess tax benefit from share-based awards 6,773 11,323
Net cash provided by financing activities 2,591 89,761
Net decrease in cash and equivalents (4,296) (1,123)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 33,787 21,289
CASH AND EQUIVALENTS AT END OF PERIOD 29,491 20,166
SUPPLEMENTAL DISCLOSURE OF OTHER CASH FLOW ACTIVITIES AND NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Cash paid for interest 8,108 8,927
Cash paid for taxes, net 69,539 30,198
Purchases of capital assets included in accounts payable or other accrued liabilities at period end $ 6,302 $ 8,310