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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Oct. 28, 2017
Oct. 29, 2016
OPERATING ACTIVITIES:    
Net income $ 28,776 $ 51,050
Adjustments to reconcile net income to net cash provided by operating activities, net of acquisitions:    
Depreciation and amortization 42,651 34,546
Deferred income tax provision 518 1,612
Stock-based compensation 7,380 5,707
Bad debt expense, net 205 82
Gain on sale of fixed assets (6,495) (1,443)
Amortization of debt discount 4,547 4,307
Amortization of debt issuance costs and other 859 815
Excess tax benefit from share-based awards 0 (879)
Change in operating assets and liabilities:    
Accounts receivable, net 21,868 (2,404)
Costs and estimated earnings in excess of billings, net (19,944) (115,498)
Other current assets and inventory (7,730) (13,635)
Other assets 1,010 132
Income taxes receivable/payable 15,439 13,881
Accounts payable (5,339) 1,083
Accrued liabilities, insurance claims, and other liabilities (26,918) (20,915)
Net cash provided by operating activities 56,827 (41,559)
INVESTING ACTIVITIES:    
Capital expenditures (56,023) (40,080)
Proceeds from sale of assets 8,838 2,323
Changes in restricted cash and other (900) (463)
Net cash used in investing activities (48,085) (38,220)
FINANCING ACTIVITIES:    
Proceeds from borrowings on senior credit agreement, including term loans 0 206,000
Principal payments on senior credit agreement, including term loans (4,813) (138,000)
Repurchases of common stock (16,875) 0
Exercise of stock options 204 202
Restricted stock tax withholdings (1,335) (1,378)
Excess tax benefit from share-based awards 0 879
Net decrease in cash and equivalents (22,819) 67,703
Net decrease in cash and equivalents (14,077) (12,076)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 38,608 33,787
CASH AND EQUIVALENTS AT END OF PERIOD 24,531 21,711
SUPPLEMENTAL DISCLOSURE OF OTHER CASH FLOW ACTIVITIES AND NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Cash paid for interest 5,248 4,924
Cash paid for taxes, net 554 15,381
Purchases of capital assets included in accounts payable or other accrued liabilities at period end $ 4,077 $ 6,870