Other Income, Net

3 Months Ended

Oct. 28, 2017

Other Income and Expenses [Abstract]

Other Income, Net

Other Income, Net

The components of other income, net, were as follows (dollars in thousands):

	For the Three Months Ended
	October 28, 2017			October 29, 2016
Gain on sale of fixed assets	$	6,495		$	1,443
Miscellaneous expense, net	(564		)	(503		)
Total other income, net	$	5,931		$	940

The Company participates in a customer-sponsored vendor payment program. All eligible accounts receivable from this customer are included in the program and payment is received pursuant to a non-recourse sale to the customer’s bank partner. This program effectively reduces the time to collect these receivables as compared to that customer’s standard payment terms. The Company incurs a discount fee to the bank on the payments received that is reflected as an expense component in other income, net, in the condensed consolidated statements of operations. During the three months endedOctober 28, 2017 and October 29, 2016, miscellaneous expense, net includes approximately $0.7 million and $0.6 million, respectively, of discount fee expense incurred in connection with the non-recourse sale of accounts receivable under this program. The program has not changed since its inception during fiscal 2016.