XML 18 R8.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Feb. 25, 2023
Feb. 26, 2022
Cash flows from operating activities:    
Net income $ 51,767 $ 52,156
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 56,940 53,717
Share-based compensation 4,533 4,961
Accretion on environmental contingencies 518 298
Accretion on asset retirement obligations 458 491
Deferred income taxes 1,080 1,733
Other 119 76
Changes in assets and liabilities, net of acquisitions:    
Receivables, less reserves (27,636) (27,855)
Inventories 683 (17,189)
Rental merchandise in service (13,592) (13,317)
Prepaid expenses and other current assets and Other assets (4,459) (3,926)
Accounts payable (900) 5,357
Accrued liabilities (17,072) (16,928)
Prepaid and accrued income taxes 11,730 5,319
Net cash provided by operating activities 64,169 44,893
Cash flows from investing activities:    
Acquisition of businesses, net of cash acquired (7,059) (42,325)
Capital expenditures, including capitalization of software costs (74,847) (60,178)
Purchases of investments (107,000) 0
Maturities of investments 6,000 0
Proceeds from sale of assets 345 27
Net cash used in investing activities (182,561) (102,476)
Cash flows from financing activities:    
Proceeds from exercise of share-based awards 3 3
Taxes withheld and paid related to net share settlement of equity awards (2,802) (3,803)
Repurchase of Common Stock 0 (14,766)
Payment of cash dividends (10,954) (9,976)
Net cash used in financing activities (13,753) (28,542)
Effect of exchange rate changes (156) (856)
Net decrease in cash and cash equivalents (132,301) (86,981)
Cash and cash equivalents at beginning of period 376,399 512,868
Cash and cash equivalents at end of period 244,098 425,887
Supplemental disclosure of cash flow information:    
Non-cash capital expenditures $ 8,250 $ 4,581