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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jan. 27, 2018
Jan. 28, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 80,991 $ 54,699
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 44,249 42,458
Share-based compensation 13,846 14,011
Loss on disposals of property and equipment 100 395
Gain associated with disposal of investments 699 0
Excess tax deficit from share-based payment arrangements 0 1,413
Restructuring and asset impairment 3,370 0
Goodwill impairment 7,872 0
Deferred income taxes (22,733) 0
Provision for doubtful accounts 5,569 3,217
Non-cash interest expense (income) 956 (24)
Changes in assets and liabilities, net of acquired businesses:    
Accounts receivable (109,097) (26,140)
Inventories (108,979) 30,759
Prepaid expenses and other assets (13,508) (20,514)
Accounts payable 60,636 9,363
Accrued expenses and other liabilities 2,308 (12,728)
Net cash (used in) provided by operating activities (35,119) 96,909
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (15,535) (22,674)
Purchase of businesses, net of cash acquired (19) (9,982)
Proceeds from disposals of property and equipment 36 18
Proceeds from disposal of investments 756 0
Long-term investment (3,010) (2,000)
Net cash used in investing activities (17,772) (34,638)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of long-term debt (6,054) (5,658)
Payments for Repurchase of Common Stock (22,237) 0
Proceeds from borrowings under revolving credit line 311,061 136,787
Repayments of borrowings under revolving credit line (247,632) (169,618)
Increase (decrease) in bank overdraft 31,708 (9,076)
Proceeds from exercise of stock options 268 165
Payment of employee restricted stock tax withholdings (4,424) (1,191)
Excess tax deficit from share-based payment arrangements 0 (1,413)
Capitalized debt issuance costs 0 (180)
Net cash provided by (used in) financing activities 62,690 (50,184)
EFFECT OF EXCHANGE RATE CHANGES ON CASH 188 (22)
NET INCREASE IN CASH AND CASH EQUIVALENTS 9,987 12,065
Cash and cash equivalents at beginning of period 15,414 18,593
Cash and cash equivalents at end of period 25,401 30,658
Supplemental disclosures of cash flow information:    
Cash paid for interest 7,900 8,963
Cash paid for federal and state income taxes, net of refunds $ 36,929 $ 45,944