| Jul'19 | Jul'18 | Jul'18 | Jul'17 | Jul'16 | Jul'15 | Jul'14 | Jul'13 | Jul'12 | Jul'11 | Jul'10 |
|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||||||
Net income | ||||||||||
25,539 | 25,080 | 25,080 | 22,921 | 25,044 | 30,620 | 5,045 | 25,784 | 31,445 | 20,982 | 25,381 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
Depreciation and amortization | ||||||||||
27,290 | 24,999 | 24,999 | 24,482 | 24,101 | 23,330 | 22,274 | 20,354 | -19,759 | -18,621 | - |
Non-cash share-based compensation | ||||||||||
3,098 | 3,715 | 3,715 | 3,134 | 3,195 | 3,169 | 3,229 | 3,222 | -3,180 | -3,007 | 2,929 |
Depreciation and amortization | ||||||||||
- | - | - | - | - | - | - | - | - | - | 16,900 |
Deferred taxes | ||||||||||
-1,883 | -1,050 | -1,050 | 2,279 | -70 | 14,841 | -8,048 | -3,499 | -1,089 | 1,543 | -900 |
Provision to value inventories at LIFO | ||||||||||
278 | -176 | -176 | -112 | -171 | 124 | -216 | -56 | -601 | -412 | -418 |
Gain (Loss) on Disposition of Assets | ||||||||||
102 | 150 | 150 | 0 | - | - | - | - | - | - | - |
Income from partnerships | ||||||||||
- | - | - | - | - | - | - | 1,450 | - | - | - |
Changes in assets and liabilities: | ||||||||||
Merchandise inventories | ||||||||||
-1,196 | -2,615 | -2,615 | -271 | -3,932 | 1,202 | 2,963 | 860 | -1,423 | -2,703 | 1,565 |
Patronage dividend receivable | ||||||||||
-29 | -718 | -718 | -530 | 354 | -92 | 1,113 | 1,036 | -1,756 | -260 | 1,312 |
Accounts payable to Wakefern | ||||||||||
4,332 | 2,242 | 2,242 | 370 | 849 | -5,372 | 4,244 | 4,024 | -32 | -8,321 | -6,399 |
Accounts payable and accrued expenses | ||||||||||
-2,430 | 2,139 | 2,139 | 111 | -1,389 | 1,329 | 3,228 | -1,778 | -643 | -2,408 | -1,949 |
Accrued wages and benefits | ||||||||||
1,639 | 810 | 810 | 1,497 | 1,196 | -3,739 | 4,146 | 1,908 | 6,415 | -7,269 | 344 |
Income taxes receivable / payable | ||||||||||
-241 | 2,377 | 2,377 | -7,957 | 8,819 | -47,539 | 24,144 | 4,147 | 2,745 | -2,268 | 3,453 |
Other assets and liabilities | ||||||||||
2,957 | 4,435 | 4,435 | 1,373 | 1,051 | -1,815 | 1,523 | -513 | -978 | 5,362 | 1,151 |
Net cash provided by operating activities | ||||||||||
55,788 | 58,884 | 58,884 | 46,153 | 64,101 | 17,468 | 52,447 | 51,273 | 43,432 | 64,144 | 35,313 |
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||||||
Capital expenditures | ||||||||||
27,988 | 35,464 | 35,464 | 27,726 | 19,971 | 23,517 | 50,322 | 21,888 | 16,729 | 13,346 | 20,204 |
Proceeds from Sale of Property, Plant, and Equipment | ||||||||||
102 | 150 | 150 | 0 | 919 | 0 | 0 | - | - | - | - |
Investment in notes receivable from Wakefern | ||||||||||
-28,064 | -24,573 | -24,573 | -1,945 | -1,314 | -823 | -41,597 | -1,503 | -1,406 | -1,308 | 14,463 |
Proceeds from Sale, Maturity and Collection of Long-term Investments | ||||||||||
24,937 | 22,172 | 22,172 | 0 | - | - | 23,420 | 0 | - | - | - |
Payments to Acquire Notes Receivable | ||||||||||
0 | 4,835 | 4,835 | 0 | - | - | - | - | - | - | - |
Payment for acquisition, net of cash acquired | ||||||||||
5,267 | - | 0 | - | - | - | - | - | - | - | - |
Store acquisitions | ||||||||||
- | - | - | - | - | - | - | - | 4,123 | 6,595 | - |
Proceeds from Partnership Contribution | ||||||||||
- | - | - | - | - | - | - | 1,980 | - | - | - |
Net Cash Provided by (Used in) Investing Activities | ||||||||||
-36,280 | -42,550 | -42,550 | -29,671 | -20,366 | -24,340 | -68,499 | -21,411 | -22,258 | -21,249 | -5,741 |
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||||||
Proceeds from exercise of stock options | ||||||||||
1,007 | 225 | 225 | 812 | 813 | 2,392 | 217 | 1,742 | 1,353 | 727 | 486 |
Excess tax benefit related to share-based compensation | ||||||||||
34 | 5 | 5 | 83 | 28 | 436 | 46 | 542 | - | - | - |
Proceeds from Notes Payable | ||||||||||
0 | 6,860 | 6,860 | 0 | - | - | - | - | - | - | - |
Payments of Debt Issuance Costs | ||||||||||
0 | 297 | 297 | 0 | - | - | - | - | - | - | - |
Excess tax benefit related to share-based compensation | ||||||||||
- | - | - | - | - | - | - | - | 275 | 703 | 287 |
Principal payments of long-term debt | ||||||||||
1,576 | 944 | 944 | 1,452 | 1,625 | 1,691 | 1,429 | 1,630 | 1,294 | 749 | 5,448 |
Dividends | ||||||||||
12,890 | 12,878 | 12,878 | 12,788 | 12,634 | 12,577 | 12,432 | 24,048 | 9,758 | 19,086 | - |
Payments for Repurchase of Common Stock | ||||||||||
1,070 | 632 | 632 | 4,081 | 978 | 0 | 2,569 | 0 | - | - | - |
Treasury stock purchases | ||||||||||
- | - | - | - | - | - | - | - | -9 | -2,171 | - |
Dividends | ||||||||||
- | - | - | - | - | - | - | - | - | - | 10,820 |
Net cash used in financing activities | ||||||||||
-14,495 | -7,661 | -7,661 | -17,426 | -14,396 | -11,440 | -16,167 | -23,394 | -9,433 | -20,576 | -15,495 |
NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | ||||||||||
5,013 | 8,673 | 8,673 | -944 | 29,339 | -18,312 | -32,219 | 6,468 | 11,741 | 22,319 | 14,077 |
Investments in and Advances to Affiliates, at Fair Value, Period Increase (Decrease) | ||||||||||
- | - | - | - | - | - | - | - | 323 | 1,550 | 590 |
SUPPLEMENTAL DISCLOSURES OF CASH PAYMENTS MADE FOR: | ||||||||||
Interest | ||||||||||
4,436 | 4,460 | 4,460 | 4,452 | - | - | - | - | - | - | - |
Interest | ||||||||||
- | - | - | - | 4,495 | 4,446 | 4,240 | 4,012 | 4,116 | 4,280 | 3,771 |
Income taxes | ||||||||||
12,074 | 6,420 | 6,420 | 21,590 | 8,518 | 43,038 | 7,661 | 17,665 | 23,076 | 12,095 | 15,171 |
NONCASH SUPPLEMENTAL DISCLOSURES: | ||||||||||
Investment in Wakefern and increase in notes payable to Wakefern | ||||||||||
891 | - | 0 | - | - | - | - | - | - | - | - |
Capital expenditures included in accounts payable and accrued expenses | ||||||||||
7,372 | - | 1,233 | - | - | - | - | - | - | - | - |
Capital lease obligations | ||||||||||
- | - | - | - | - | - | 3,525 | 0 | - | - | 9,638 |