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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Apr. 26, 2025
Apr. 27, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 40,858 $ 35,030
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 27,524 26,566
Non-cash share-based compensation 2,491 2,776
Deferred taxes (1,338) (588)
Provision to value inventories at LIFO 614 1,399
Gain on sale of property, equipment and fixtures (26) (209)
Changes in assets and liabilities:    
Merchandise inventories (5,056) (4,044)
Patronage dividend receivable 6,123 2,443
Accounts payable to Wakefern (1,587) 630
Accounts payable and accrued expenses 2,600 340
Accrued wages and benefits (809) (252)
Income taxes receivable / payable 4,098 (9,831)
Other assets and liabilities (3,954) 3,780
Net cash provided by operating activities 71,538 58,040
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (48,705) (54,103)
Proceeds from the sale of assets 0 196
Investment in notes receivable from Wakefern (6,290) (39,849)
Maturity of notes receivable from Wakefern 0 33,338
Investment in real estate partnership (339) (4,704)
Net cash used in investing activities (55,334) (65,122)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from exercise of stock options 53 0
Excess tax benefit related to share-based compensation 55 0
Principal payments of long-term debt (8,234) (8,304)
Dividends (9,979) (10,002)
Treasury stock purchases 0 (1,577)
Net cash used in financing activities (18,105) (19,883)
NET DECREASE IN CASH AND CASH EQUIVALENTS (1,901) (26,965)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 117,261 140,910
CASH AND CASH EQUIVALENTS, END OF PERIOD 115,360 113,945
SUPPLEMENTAL DISCLOSURES OF CASH  PAYMENTS MADE FOR:    
Interest 2,871 3,125
Income taxes 15,535 26,260
NONCASH SUPPLEMENTAL DISCLOSURES:    
Investment in Wakefern and increase in notes payable to Wakefern 0 31
Capital expenditures included in accounts payable and accrued expenses 13,087 7,034
Lease obligations obtained in exchange for right-of-use assets $ 10,805 $ 5,550