XML 63 R8.htm IDEA: XBRL DOCUMENT v3.24.4
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Nov. 30, 2024
Nov. 25, 2023
Cash flows from operating activities:    
Net income $ 43,105 $ 42,325
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization [1] 34,808 33,733
Share-based compensation 2,836 2,534
Accretion on environmental contingencies 320 316
Accretion on asset retirement obligations 57 233
Deferred income taxes 1,706 640
Other 106 79
Changes in assets and liabilities, net of acquisitions:    
Receivables, less reserves (3,606) (20,413)
Inventories 1,761 (138)
Rental merchandise in service 2,762 (1,330)
Prepaid expenses and other current assets and Other assets (8,618) (9,692)
Accounts payable (6,861) (6,663)
Accrued liabilities (18,196) (6,172)
Prepaid and accrued income taxes 7,944 10,218
Net cash provided by operating activities 58,124 45,670
Cash flows from investing activities:    
Acquisition of businesses, net of cash acquired (2,352) 0
Capital expenditures, including capitalization of software costs (33,566) (39,050)
Purchases of investments (14,734) (11,394)
Maturities of investments 13,039 10,217
Proceeds from sale of assets 153 606
Net cash used in investing activities (37,460) (39,621)
Cash flows from financing activities:    
Proceeds from exercise of share-based awards 3 2
Taxes withheld and paid related to net share settlement of equity awards (3,284) (2,290)
Repurchase of Common Stock (6,373) (255)
Payment of cash dividends (5,897) (5,573)
Net cash used in financing activities (15,551) (8,116)
Effect of exchange rate changes (438) 4
Net increase (decrease) in cash and cash equivalents 4,675 (2,063)
Cash and cash equivalents at beginning of period 161,571 79,443
Cash and cash equivalents at end of period 166,246 77,380
Supplemental disclosure of cash flow information:    
Non-cash capital expenditures $ 12,219 $ 7,606
[1] Depreciation and amortization for the thirteen weeks ended November 30, 2024 and November 25, 2023 included approximately $4.2 million and $4.6 million, respectively, of non-cash amortization expense recognized for acquisition-related intangible assets.