XML 23 R8.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Nov. 29, 2014
Nov. 30, 2013
Cash Flows from Operating Activities:    
Net income $ 57,417us-gaap_NetIncomeLoss $ 59,046us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 17,012us-gaap_DepreciationAndAmortization 16,061us-gaap_DepreciationAndAmortization
Stock-based compensation 5,039us-gaap_ShareBasedCompensation 4,232us-gaap_ShareBasedCompensation
Loss on disposal of property, plant, and equipment 230us-gaap_GainLossOnDispositionOfAssets 65us-gaap_GainLossOnDispositionOfAssets
Provision for doubtful accounts 480us-gaap_ProvisionForDoubtfulAccounts 1,118us-gaap_ProvisionForDoubtfulAccounts
Excess tax benefits from stock-based compensation (1,791)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (4,012)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
Changes in operating assets and liabilities, net of amounts associated with business acquired:    
Accounts receivable (10,137)us-gaap_IncreaseDecreaseInAccountsReceivable (3,831)us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories (44,790)us-gaap_IncreaseDecreaseInInventories 3,185us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other current assets (4,797)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 3,195us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Other assets 72us-gaap_IncreaseDecreaseInOtherOperatingAssets (285)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Accounts payable and accrued liabilities 39,017us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 25,606us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Total adjustments 335us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities 45,334us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
Net cash provided by operating activities 57,752us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 104,380us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash Flows from Investing Activities:    
Expenditures for property, plant and equipment (13,358)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (12,506)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Investment in available for sale securities   (20,366)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
Cash used in business acquisition, net of cash received   1,434us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Net cash used in investing activities (13,358)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (31,438)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash Flows from Financing Activities:    
Purchases of treasury stock (3,590)us-gaap_PaymentsForRepurchaseOfCommonStock (114,996)us-gaap_PaymentsForRepurchaseOfCommonStock
Payments of regular cash dividends (24,563)us-gaap_PaymentsOfOrdinaryDividends (20,915)us-gaap_PaymentsOfOrdinaryDividends
Payment of special cash dividend (184,218)us-gaap_PaymentsOfCapitalDistribution  
Payments on capital lease and financing obligations (767)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations (321)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations
Excess tax benefits from stock-based compensation 1,791us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 4,012us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Proceeds from sale of Class A common stock in connection with associate stock purchase plan 942us-gaap_ProceedsFromStockPlans 813us-gaap_ProceedsFromStockPlans
Proceeds from exercise of Class A common stock options 6,381us-gaap_ProceedsFromStockOptionsExercised 4,058us-gaap_ProceedsFromStockOptionsExercised
Borrowings under financing obligations 530us-gaap_ProceedsFromPaymentsForOtherFinancingActivities  
Borrowings under Credit Facility 235,000us-gaap_ProceedsFromLinesOfCredit 50,000us-gaap_ProceedsFromLinesOfCredit
Payment of notes payable and revolving credit note under the Credit Facility (76,250)us-gaap_RepaymentsOfShortTermDebt (3,125)us-gaap_RepaymentsOfShortTermDebt
Net cash used in financing activities (44,744)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (80,474)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Effect of foreign exchange rate changes on cash and cash equivalents (100)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 86us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net decrease in cash and cash equivalents (450)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (7,446)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents—beginning of period 47,154us-gaap_CashAndCashEquivalentsAtCarryingValue 55,876us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents—end of period 46,704us-gaap_CashAndCashEquivalentsAtCarryingValue 48,430us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental Disclosure of Cash Flow Information:    
Cash paid for income taxes 5,523us-gaap_IncomeTaxesPaid 3,999us-gaap_IncomeTaxesPaid
Cash paid for interest $ 837us-gaap_InterestPaid $ 751us-gaap_InterestPaid