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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
May 27, 2023
May 28, 2022
Cash flows from operating activities:    
Net income $ 76,043 $ 77,223
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 88,115 80,744
Share-based compensation 6,874 7,114
Accretion on environmental contingencies 777 447
Accretion on asset retirement obligations 690 732
Deferred income taxes 11,709 1,823
Other 16 20
Changes in assets and liabilities, net of acquisitions:    
Receivables, less reserves (22,148) (31,998)
Inventories 2,110 (8,258)
Rental merchandise in service (19,544) (25,788)
Prepaid expenses and other current assets and Other assets 67 3,603
Accounts payable 3,492 850
Accrued liabilities (13,152) (21,172)
Prepaid and accrued income taxes 7,758 3,498
Net cash provided by operating activities 142,807 88,838
Cash flows from investing activities:    
Acquisition of businesses, net of cash acquired (306,192) (42,680)
Capital expenditures, including capitalization of software costs (124,067) (97,259)
Purchases of investments (117,012) 0
Maturities of investments 107,000 0
Proceeds from sale of assets 517 133
Net cash used in investing activities (439,754) (139,806)
Cash flows from financing activities:    
Payment of deferred financing costs (851) (5)
Borrowings under line of credit 80,000 0
Repayments under line of credit (80,000) 0
Proceeds from exercise of share-based awards 3 3
Taxes withheld and paid related to net share settlement of equity awards (2,850) (3,898)
Repurchase of Common Stock 0 (30,453)
Payment of cash dividends (16,527) (15,407)
Net cash used in financing activities (20,225) (49,760)
Effect of exchange rate changes 76 (1,545)
Net decrease in cash and cash equivalents (317,096) (102,273)
Cash and cash equivalents at beginning of period 376,399 512,868
Cash and cash equivalents at end of period 59,303 410,595
Supplemental disclosure of cash flow information:    
Non-cash capital expenditures $ 10,761 $ 4,954