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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Oct. 29, 2011
Oct. 30, 2010
Net income $ 6,736 $ 3,934
Depreciation and amortization 4,773 4,536
Deferred taxes (960) (536)
Provision to value inventories at LIFO 360 75
Non-cash share-based compensation 797 684
Change in Merchandise inventories (1,670) (220)
Change in patronage dividend receivable (3,362) (3,091)
Change in accounts payable to Wakefern (2,227) (2,833)
Change in accounts payable and accrued expenses (601) (1,165)
Change in income taxes payable 3,265 3,228
Change in other assets and liabilities (1,322) 72
Net cash provided by operating activities 5,789 4,684
Capital expenditures (6,257) (2,456)
Investment in notes receivable from Wakefern (344) (321)
Net cash used in investing activities (6,601) (2,777)
Proceeds from exercise of stock options 11 157
Excess tax benefit related to share-based compensation 5 113
Principal payments of long-term debt (100) (28)
Dividends (1,145) (2,793)
Net cash used in financing activities (1,229) (2,551)
NET DECREASE IN CASH AND CASH EQUIVALENTS (2,041) (644)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 91,362 69,043
CASH AND CASH EQUIVALENTS, END OF PERIOD 89,321 68,399
Cash payments for interest 1,184 1,068
Cash payments for income taxes 2,597 31
Non-cash investment in Wakefern $ 269 $ 613