v3.26.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jul. 31, 2026
Aug. 01, 2025
Aug. 02, 2024
Cash flows from operating activities:      
Net income $ 31,675 $ 46,379 $ 40,930
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 123,105 122,238 111,746
Amortization of debt issuance costs 2,596 1,877 1,752
Gain on extinguishment of debt   (3,186)  
Loss on disposition of property and equipment 12,198 8,591 9,143
Gain on sale and leaseback transaction, net (47,421)    
Impairment 21,968 19,772 17,448
Goodwill impairment     4,690
Loss on sale of business assets 27,039   4,690
Share-based compensation 9,450 11,742 10,298
Noncash lease expense 58,293 60,712 59,523
Amortization of asset recognized from gain on sale and leaseback transactions 12,735 12,735 12,735
Changes in assets and liabilities:      
Accounts receivable (947) 4,342 (7,477)
Income taxes receivable 11,644 (2,938) (7,820)
Inventories 15,993 373 8,406
Prepaids and other current assets 7,639 (8,859) (867)
Other assets (6,003) (1,002) (3,566)
Accounts payable (17,111) 7,560 (3,196)
Current operating lease liabilities (2,323) 1,111 3,501
Taxes withheld and accrued 1,031 1,099 2,598
Accrued employee compensation 3,383 5,684 (4,448)
Accrued employee benefits 670 1,299 4,059
Deferred revenues 2,686 2,071 (7,528)
Other current liabilities 11,619 3,455 (6,583)
Long-term operating lease liabilities (59,473) (61,119) (62,566)
Other long-term liabilities 736 (2) (7,254)
Deferred income taxes (14,978) (15,035) (6,544)
Net cash provided by operating activities 206,204 218,899 168,980
Cash flows from investing activities:      
Purchase of property and equipment (117,782) (159,144) (128,295)
Proceeds from insurance recoveries of property and equipment 2,461 497 834
Proceeds from sale of property and equipment, net 81,101 1,945 3,134
Net cash used in investing activities (34,220) (156,702) (124,327)
Cash flows from financing activities:      
Proceeds from issuance of long-term debt 407,000 548,500 406,500
Principal payments under long-term debt (407,000) (728,575) (346,575)
Net proceeds from settlement of bond hedge and warrants   52  
Repayment of convertible senior notes (150,000) (145,875)  
Proceeds from issuance of convertible senior notes   335,238  
Payment for capped call option related to convertible senior notes   (16,491)  
Taxes withheld from issuance of share-based compensation awards (1,943) (1,448) (1,608)
Deferred financing costs   (2,892)  
Dividends on common stock (23,149) (23,098) (116,082)
Net cash used in financing activities (175,092) (34,589) (57,765)
Net increase (decrease) in cash and cash equivalents (3,108) 27,608 (13,112)
Cash and cash equivalents, beginning of period 39,643 12,035 25,147
Cash and cash equivalents, end of period 36,535 39,643 12,035
Cash paid during the period for:      
Interest, net of amounts capitalized 10,601 17,242 18,484
Supplemental schedule of non-cash investing and financing activities*:      
Capital expenditures accrued in accounts payable 3,456 9,323 9,499
Dividends declared but not yet paid $ 6,629 $ 7,117 $ 7,435