Cracker Barrel Old Country Store (CBRL) 10-Q 28 May 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	2-May-14	20-May-14
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'CRACKER BARREL OLD COUNTRY STORE, INC	'
Entity Central Index Key	'0001067294	'
Current Fiscal Year End Date	'--08-02	'
Entity Well-known Seasoned Issuer	'Yes	'
Entity Voluntary Filers	'No	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	23,820,500
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	2-May-14	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)	2-May-14	Aug. 02, 2013
In Thousands, unless otherwise specified
Current Assets:	'	'
Cash and cash equivalents	$88,239	$121,718
Property held for sale	0	883
Accounts receivable	16,402	15,942
Income taxes receivable	3,570	0
Inventories	147,378	146,687
Prepaid expenses and other current assets	13,148	12,648
Deferred income taxes	4,339	4,316
Total current assets	273,076	302,194
Property and equipment	1,847,067	1,797,823
Less: Accumulated depreciation and amortization of capital leases	812,233	771,454
Property and equipment - net	1,034,834	1,026,369
Other assets	60,625	59,743
Total assets	1,368,535	1,388,306
Current Liabilities:	'	'
Accounts payable	71,971	110,637
Current maturities of long-term debt	18,750	0
Income taxes payable	0	5,624
Dividend payable	41,686	17,847
Other current liabilities	179,588	181,959
Total current liabilities	311,995	316,067
Long-term debt	381,250	400,000
Long-term interest rate swap liability	7,908	11,644
Other long-term obligations	122,223	120,073
Deferred income taxes	57,956	56,496
Commitments and Contingencies (Note 11)	'	'
Shareholders' Equity:	'	'
Preferred stock - 100,000,000 shares of $.01 par value authorized; 300,000 shares designated as Series A Junior Participating Preferred Stock; no shares issued	0	0
Common stock - 400,000,000 shares of $.01 par value authorized; 23,820,500 shares issued and outstanding at May 2, 2014, and 23,795,327 shares issued and outstanding at August 2, 2013	238	237
Additional paid-in capital	37,568	51,728
Accumulated other comprehensive loss	-4,547	-6,612
Retained earnings	453,944	438,673
Total shareholders' equity	487,203	484,026
Total liabilities and shareholders' equity	$1,368,535	$1,388,306

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) (USD $)	2-May-14	Aug. 02, 2013
Shareholders' Equity:	'	'
Preferred stock, shares authorized (in shares)	100,000,000	100,000,000
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, shares issued (in shares)	0	0
Common stock, shares authorized (in shares)	400,000,000	400,000,000
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares issued (in shares)	23,820,500	23,795,327
Common stock, shares outstanding (in shares)	23,820,500	23,795,327
Series A Junior Participating Preferred Stock [Member]	'	'
Shareholders' Equity:	'	'
Preferred stock, shares authorized (in shares)	300,000	300,000

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	2-May-14	3-May-13	2-May-14	3-May-13
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) [Abstract]	'	'	'	'
Total revenue	$643,298	$640,407	$1,990,930	$1,970,529
Cost of goods sold	201,507	201,982	650,451	644,027
Gross profit	441,791	438,425	1,340,479	1,326,502
Labor and other related expenses	242,977	241,864	718,466	719,474
Other store operating expenses	121,060	116,408	374,501	354,859
Store operating income	77,754	80,153	247,512	252,169
General and administrative expenses	32,541	35,981	99,356	105,492
Operating income	45,213	44,172	148,156	146,677
Interest expense	4,327	10,194	13,205	31,199
Income before income taxes	40,886	33,978	134,951	115,478
Provision for income taxes	12,158	9,376	42,008	32,516
Net income	$28,728	$24,602	$92,943	$82,962
Net income per share:	'	'	'	'
Basic (in dollars per share)	$1.21	$1.04	$3.90	$3.50
Diluted (in dollars per share)	$1.20	$1.02	$3.88	$3.47
Weighted average shares:	'	'	'	'
Basic (in shares)	23,820,309	23,760,589	23,816,841	23,683,133
Diluted (in shares)	23,978,474	24,006,821	23,958,058	23,913,226
Dividends declared per share (in dollars per share)	$1.75	$0.50	$3.25	$1.50

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	2-May-14	3-May-13	2-May-14	3-May-13
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) [Abstract]	'	'	'	'
Net income	$28,728	$24,602	$92,943	$82,962
Other comprehensive income before income tax expense:	'	'	'	'
Change in fair value of interest rate swaps	1,984	4,982	3,361	17,493
Income tax expense	766	1,921	1,296	6,711
Other comprehensive income, net of tax	1,218	3,061	2,065	10,782
Comprehensive income	$29,946	$27,663	$95,008	$93,744

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	2-May-14	3-May-13
Cash flows from operating activities:	'	'
Net income	$92,943	$82,962
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	50,601	49,000
Loss on disposition of property and equipment	3,159	2,324
Share-based compensation	6,132	10,996
Excess tax benefit from share-based compensation	-612	-1,961
Changes in assets and liabilities:	'	'
Inventories	-691	9,136
Other current assets	-3,918	-3,882
Accounts payable	-38,666	-28,539
Other current liabilities	-8,208	-16,550
Other long-term assets and liabilities	457	3,213
Net cash provided by operating activities	101,197	106,699
Cash flows from investing activities:	'	'
Purchase of property and equipment	-63,195	-46,178
Proceeds from sale of property and equipment	1,572	550
Proceeds from insurance recoveries of property and equipment	858	440
Net cash used in investing activities	-60,765	-45,188
Cash flows from financing activities:	'	'
Principal payments under long-term debt and other long-term obligations	-1	-125,087
(Taxes withheld) and proceeds from issuance of share-based compensation awards, net	-8,430	5,195
Excess tax benefit from share-based compensation	612	1,961
Purchases and retirement of common stock	-12,473	-3,570
Dividends on common stock	-53,619	-33,515
Net cash used in financing activities	-73,911	-155,016
Net decrease in cash and cash equivalents	-33,479	-93,505
Cash and cash equivalents, beginning of period	121,718	151,962
Cash and cash equivalents, end of period	88,239	58,457
Cash paid during the period for:	'	'
Interest, net of amounts capitalized	11,950	29,670
Income taxes	48,675	35,659
Supplemental schedule of non-cash investing and financing activity:	'	'
Capital expenditures accrued in accounts payable	4,985	3,892
Change in fair value of interest rate swaps	3,361	17,493
Change in deferred tax asset for interest rate swaps	-1,296	-6,711
Dividends declared but not yet paid	$41,900	$11,886

Condensed_Consolidated_Financi

Condensed Consolidated Financial Statements	9 Months Ended
	2-May-14
Condensed Consolidated Financial Statements [Abstract]	'
Condensed Consolidated Financial Statements	'
	1	Condensed Consolidated Financial Statements
	Cracker Barrel Old Country Store, Inc. and its affiliates (collectively, in these Notes to Condensed Consolidated Financial Statements, the “Company”) are principally engaged in the operation and development in the United States of the Cracker Barrel Old Country Store® (“Cracker Barrel”) concept.
	The condensed consolidated balance sheets at May 2, 2014 and August 2, 2013 and the related condensed consolidated statements of income, comprehensive income and cash flows for the quarters and nine months ended May 2, 2014 and May 3, 2013, respectively, have been prepared by the Company in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) without audit.  In the opinion of management, all adjustments (consisting of normal and recurring items) necessary for a fair presentation of such condensed consolidated financial statements have been made.  The results of operations for any interim period are not necessarily indicative of results for a full year.
	These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto contained in the Company's Annual Report on Form 10-K for the year ended August 2, 2013 (the “2013 Form 10-K”).  The accounting policies used in preparing these condensed consolidated financial statements are the same as described in the 2013 Form 10-K.  References to a year in these Notes to Condensed Consolidated Financial Statements are to the Company’s fiscal year unless otherwise noted.
	Recent Accounting Pronouncements Adopted
	Disclosures about Offsetting Assets and Liabilities
	In December 2011, the Financial Accounting Standards Board (“FASB”) issued accounting guidance which requires companies to disclose information about the nature of their rights of setoff and related arrangements associated with their financial instruments and derivative instruments to enable users of financial statements to understand the effect of those arrangements on their financial position.  Each company is required to provide both net and gross information in the notes to its financial statements for relevant assets and liabilities that are eligible for offset.  In January 2013, the FASB issued additional accounting guidance which limits these disclosures to derivatives, repurchase agreements and securities lending transactions to the extent that they are offset in the financial statements or subject to an enforceable master netting arrangement or similar agreement.  These disclosure requirements are effective for fiscal years beginning on or after January 1, 2013 on a retrospective basis.  The adoption of these disclosure requirements in the first quarter of 2014 did not have a significant impact on the Company’s consolidated financial position or results of operations.
	Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income
	In February 2013, the FASB issued accounting guidance which requires companies to provide information regarding the amounts reclassified out of accumulated other comprehensive income by component.  A company is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required by GAAP to be reclassified to net income in its entirety in the same reporting period.  For other amounts that are not required under GAAP to be reclassified in their entirety to net income, a company is required to cross-reference to other disclosures required under GAAP that provide additional detail regarding those amounts.  This accounting guidance is effective for fiscal years beginning after December 15, 2012 on a prospective basis.  Since the guidance only affects presentation and disclosure of amounts reclassified out of accumulated other comprehensive income, the adoption of this guidance in the first quarter of 2014 did not have a significant impact on the Company’s consolidated financial position or results of operations.
	Recent Accounting Pronouncements Not Adopted
	Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity
	In April 2014, the FASB issued accounting guidance which changes the criteria for disposals to qualify as discontinued operations and requires new disclosures about disposals of both discontinued operations and certain other disposals that do not meet the new definition.  This accounting guidance is effective for fiscal years beginning on or after December 15, 2014 and interim periods within those years on a prospective basis.  The Company is currently evaluating the impact of adopting this accounting guidance, but it is not expected to have a significant impact on the Company’s consolidated financial position or results of operations upon adoption in the first quarter of 2016.

Fair_Value_Measurements

Fair Value Measurements	9 Months Ended
	2-May-14
Fair Value Measurements [Abstract]	'
Fair Value Measurements	'
	2	Fair Value Measurements
	The Company’s assets and liabilities measured at fair value on a recurring basis at May 2, 2014 were as follows:
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs		Fair Value
			(Level 1)				(Level 3)
	Cash equivalents*		$	9,168	$	--	$	--	$	9,168
	Interest rate swap asset (see Note 5)			--		508		--		508
	Deferred compensation plan assets**			26,949		--		--		26,949
	Total assets at fair value		$	36,117	$	508	$	--	$	36,625
	Interest rate swap liability (see Note 5)		$	--	$	7,908	$	--	$	7,908
	Total liabilities at fair value		$	--	$	7,908	$	--	$	7,908
	The Company’s assets and liabilities measured at fair value on a recurring basis at August 2, 2013 were as follows:
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs		Fair Value
			(Level 1)				(Level 3)
	Cash equivalents*		$	57,767	$	--	$	--	$	57,767
	Interest rate swap asset (see Note 5)			--		883		--		883
	Deferred compensation plan assets**			25,263		--		--		25,263
	Total assets at fair value		$	83,030	$	883	$	--	$	83,913
	Interest rate swap liability (see Note 5)		$	--	$	11,644	$	--	$	11,644
	Total liabilities at fair value		$	--	$	11,644	$	--	$	11,644
	*Consists of money market fund investments.
	**Represents plan assets invested in mutual funds established under a Rabbi Trust for the Company’s non-qualified savings plan and is included in the Consolidated Balance Sheets as other assets.
	The Company’s money market fund investments and deferred compensation plan assets are measured at fair value using quoted market prices.  The fair values of the Company’s interest rate swap assets and liabilities are determined based on the present value of expected future cash flows.  Since the values of the Company’s interest rate swaps are based on the LIBOR forward curve, which is observable at commonly quoted intervals for the full terms of the swaps, it is considered a Level 2 input.  Non-performance risk is reflected in determining the fair value of the interest rate swaps by using the Company’s credit spread less the risk-free interest rate, both of which are observable at commonly quoted intervals for the terms of the swaps.  Thus, the adjustment for non-performance risk is also considered a Level 2 input.
	The fair values of the Company’s accounts receivable and accounts payable approximate their carrying amounts because of their short duration.  The fair value of the Company’s variable rate debt, based on quoted market prices, which are considered Level 1 inputs, approximates its carrying amount at May 2, 2014 and August 2, 2013.

Inventories

Inventories	9 Months Ended
	2-May-14
Inventories [Abstract]	'
Inventories	'
	3	Inventories
	Inventories were comprised of the following at:
			2-May-14		2-Aug-13
	Retail		$	110,499	$	112,736
	Restaurant			21,687		20,214
	Supplies			15,192		13,737
	Total		$	147,378	$	146,687

Debt

Debt	9 Months Ended
	2-May-14
Debt [Abstract]	'
Debt	'
	4	Debt
	Long‑term debt consisted of the following at:
			2-May-14			2-Aug-13
	Revolving credit facility expiring on July 8, 2016		$	212,500		$	212,500
	Term loan payable on or before July 8, 2016			187,500			187,500
				400,000			400,000
	Current maturities			(18,750	)		--
	Long-term debt		$	381,250		$	400,000
	The Company’s $750,000 credit facility (the “Credit Facility”) consists of a term loan and a $500,000 revolving credit facility (the “Revolving Credit Facility”).  At May 2, 2014, the Company had $212,500 of outstanding borrowings under the Revolving Credit Facility and $20,637 of standby letters of credit, which reduce the Company’s borrowing availability under the Revolving Credit Facility (see Note 11).  At May 2, 2014, the Company had $266,863 in borrowing availability under the Revolving Credit Facility.
	In accordance with the Credit Facility, outstanding borrowings bear interest, at the Company’s election, either at LIBOR or prime plus a percentage point spread based on certain specified financial ratios under the Credit Facility.  As of May 2, 2014, the Company’s outstanding borrowings were swapped at a weighted average interest rate of 3.73% (see Note 5 for information on the Company’s interest rate swaps).
	The Credit Facility contains customary financial covenants, which include maintenance of a maximum consolidated total leverage ratio and a minimum consolidated interest coverage ratio.  At May 2, 2014, the Company was in compliance with all debt covenants.
	The Credit Facility also imposes restrictions on the amount of dividends the Company is permitted to pay and the amount of shares the Company is permitted to repurchase.  Provided there is no default existing and the total of the Company’s availability under the Revolving Credit Facility plus the Company’s cash and cash equivalents on hand is at least $100,000 (the “liquidity requirements”), the Company may declare and pay cash dividends on shares of its common stock and repurchase shares of its common stock if the aggregate amount of dividends paid and shares repurchased in any fiscal year is less than the sum of (1) 20% of Consolidated EBITDA from continuing operations (as defined in the Credit Facility) (the “20% limitation”) during the immediately preceding fiscal year and (2) provided the Company’s consolidated total leverage ratio is 3.25 to 1.00 or less, $100,000 (less the amount of any share repurchases during the current fiscal year).  In any event, as long as the liquidity requirements are met, dividends may be declared and paid in any fiscal year up to the amount of dividends permitted and paid in the preceding fiscal year without regard to the 20% limitation.

Derivative_Instruments_and_Hed

Derivative Instruments and Hedging Activities	9 Months Ended
	2-May-14
Derivative Instruments and Hedging Activities [Abstract]	'
Derivative Instruments and Hedging Activities	'
	5	Derivative Instruments and Hedging Activities
	The Company has interest rate risk relative to its outstanding borrowings (see Note 4).  The Company’s policy has been to manage interest cost using a mix of fixed and variable rate debt.  To manage this risk in a cost efficient manner, the Company uses derivative instruments, specifically interest rate swaps.
	For each of the Company’s interest rate swaps, the Company has agreed to exchange with a counterparty the difference between fixed and variable interest amounts calculated by reference to an agreed-upon notional principal amount.  The interest rates on the portion of the Company’s outstanding debt covered by its interest rate swaps are fixed at the rates in the table below plus the Company’s credit spread.  The Company’s weighted average credit spread at May 2, 2014 was 1.50%.  All of the Company’s interest rate swaps are accounted for as cash flow hedges.
	A summary of the Company’s interest rate swaps at May 2, 2014 is as follows:
					Term
	Trade Date		Effective Date		(in Years)				Notional Amount				Fixed Rate
	10-Aug-10		3-May-13			2			$	200,000				2.73	%
	25-Jul-11		3-May-13			2				50,000				2	%
	25-Jul-11		3-May-13			3				50,000				2.45	%
	19-Sep-11		3-May-13			2				25,000				1.05	%
	19-Sep-11		3-May-13			2				25,000				1.05	%
	7-Dec-11		3-May-13			3				50,000				1.4	%
	18-Mar-13		3-May-15			3				50,000				1.51	%
	8-Apr-13		3-May-15			2				50,000				1.05	%
	15-Apr-13		3-May-15			2				50,000				1.03	%
	22-Apr-13		3-May-15			3				25,000				1.3	%
	25-Apr-13		3-May-15			3				25,000				1.29	%
	The Company does not hold or use derivative instruments for trading purposes.  The Company also does not have any derivatives not designated as hedging instruments and has not designated any non-derivatives as hedging instruments.
	Companies may elect to offset related assets and liabilities and report the net amount on their financial statements if the right of setoff exists.  Under a master netting agreement, the Company has the legal right to offset the amounts owed to the Company against amounts owed by the Company under a derivative instrument that exists between the Company and a counterparty.  When the Company is engaged in more than one outstanding derivative transaction with the same counterparty and also has a legally enforceable master netting agreement with that counterparty, its credit risk exposure is based on the net exposure under the master netting agreement.  If, on a net basis, the Company owes the counterparty, the Company regards its credit exposure to the counterparty as being zero.
	The estimated fair values of the Company’s derivative instruments as of May 2, 2014 and August 2, 2013 were as follows:
	(See Note 2)		Balance Sheet Location		2-May-14				2-Aug-13
	Interest rate swaps		Other assets		$	508			$	883
	Interest rate swaps		Long-term interest rate swap liability		$	7,908			$	11,644
	The following table summarizes the offsetting of the Company’s derivative assets in the Condensed Consolidated Balance Sheets at May 2, 2014 and August 2, 2013:
			Gross Asset Amounts								Liability Amount Offset							Net Asset Amount Presented
																		in the Balance Sheets
			May 2,				August 2,				May 2,				August 2,			May 2,		August 2,
	(See Note 2)		2014				2013				2014				2013			2014		2013
	Interest rate swaps		$	708			$	1,159			$	(200	)		$	(276	)	$	508	$	883
	The following table summarizes the offsetting of the Company’s derivative liabilities in the Condensed Consolidated Balance Sheets at May 2, 2014 and August 2, 2013:
			Gross Liability Amounts								Asset Amount Offset							Net Liability Amount Presented in the Balance Sheets
			May 2,				August 2,				May 2,				August 2,			May 2,		August 2,
	(See Note 2)		2014				2013				2014				2013			2014		2013
	Interest rate swaps		$	8,839			$	13,120			$	(931	)		$	(1,476	)	$	7,908	$	11,644
	The estimated fair value of the Company’s interest rate swap assets and liabilities incorporate the Company’s non-performance risk (see Note 2).  The adjustment related to the Company’s non-performance risk at May 2, 2014 and August 2, 2013 resulted in reductions of $21 and $123, respectively, in the fair value of the interest rate swap assets and liabilities.  The offset to the interest rate swap assets and liabilities is recorded in accumulated other comprehensive loss (“AOCL”), net of the deferred tax asset, and will be reclassified into earnings over the term of the underlying debt.  As of May 2, 2014, the estimated pre-tax portion of AOCL that is expected to be reclassified into earnings over the next twelve months is $6,109.  Cash flows related to the interest rate swap are included in interest expense and in operating activities.
	The following table summarizes the pre-tax effects of the Company’s derivative instruments on AOCL for the nine months ended May 2, 2014 and the year ended August 2, 2013:
			Amount of Income Recognized in AOCL on Derivatives (Effective Portion)
			Nine Months Ended				Year Ended
			2-May-14				2-Aug-13
	Cash flow hedges:
	Interest rate swaps		$	3,361			$	23,620
	The following table summarizes the pre-tax effects of the Company’s derivative instruments on income for the quarters and nine-month periods ended May 2, 2014 and May 3, 2013:
		Location of Loss
		Reclassified from
		AOCL into Income		Amount of Loss Reclassified from AOCL into Income
		(Effective Portion)		(Effective Portion)
				Quarter Ended								Nine Months Ended
				May 2,				May 3,				May 2,				May 3,
				2014				2013				2014				2013
	Cash flow hedges:
	Interest rate swaps	Interest expense		$	2,007			$	13,743			$	6,033			$	20,773
	Any portion of the fair value of the swaps determined to be ineffective will be recognized currently in earnings.  No ineffectiveness has been recorded in the nine-month periods ended May 2, 2014 and May 3, 2013.

Shareholders_Equity

Shareholders' Equity	9 Months Ended
	2-May-14
Shareholders' Equity [Abstract]	'
Shareholders' Equity	'
	6	Shareholders’ Equity
	During the nine months ended May 2, 2014, the Company issued 145,173 shares of its common stock resulting from the vesting of share-based compensation awards and stock option exercises.  Related tax withholding payments on certain share-based compensation awards exceeded proceeds received from the exercise of stock options which resulted in a net reduction to shareholders’ equity of $8,430.  During the nine months ended May 2, 2014, the Company repurchased 120,000 shares of its common stock in the open market at an aggregate cost of $12,473.
	During the nine months ended May 2, 2014, total share-based compensation expense was $6,132.  The excess tax benefit realized upon exercise of share-based compensation awards was $612.
	During the nine months ended May 2, 2014, the Company paid dividends of $2.25 per share of its common stock.  During the third quarter of 2014, the Company declared a regular dividend of $0.75 per share of its common stock that was paid on May 5, 2014 to shareholders of record on April 18, 2014. Additionally, during the third quarter of 2014, the Company declared a regular dividend of $1.00 per share of its common stock payable on August 5, 2014 to shareholders of record on July 18, 2014.
	The following table summarizes the changes in AOCL, net of tax, related to the Company’s interest rate swaps for the nine months ended May 2, 2014 (see Notes 2 and 5):
			Changes in AOCL
	AOCL balance at August 2, 2013		$	(6,612	)
	Other comprehensive income before reclassifications			5,772
	Amounts reclassified from AOCL			(3,707	)
	Other comprehensive income, net of tax			2,065
	AOCL balance at May 2, 2014		$	(4,547	)
	The following table summarizes the amounts reclassified out of AOCL related to the Company’s interest rate swaps for the quarter and nine-month period ended May 2, 2014:
			Amount Reclassified from AOCL						Affected Line Item in the
			Quarter Ended			Nine Months Ended			Condensed Consolidated
	Details about AOCL		2-May-14			2-May-14			Statement of Income
	Loss on cash flow hedges:
	Interest rate swaps		$	(2,007	)	$	(6,033	)	Interest expense
	Tax benefit			774			2,326		Provision for income taxes
			$	(1,233	)	$	(3,707	)	Net of tax

Seasonality

Seasonality	9 Months Ended
	2-May-14
Seasonality [Abstract]	'
Seasonality	'
	7	Seasonality
	Historically, the net income of the Company has been lower in the first and third quarters and higher in the second and fourth quarters.  Management attributes these variations to the Christmas holiday shopping season and the summer vacation and travel season.  The Company's retail sales, which are made substantially to the Company’s restaurant customers, historically have been highest in the Company's second quarter, which includes the Christmas holiday shopping season.  Historically, interstate tourist traffic and the propensity to dine out have been higher during the summer months, thereby contributing to higher profits in the Company’s fourth quarter.  The Company generally opens additional new locations throughout the year.  Therefore, the results of operations for any interim period cannot be considered indicative of the operating results for an entire year.

Segment_Information

Segment Information	9 Months Ended
	2-May-14
Segment Information [Abstract]	'
Segment Information	'
	8	Segment Information
	Cracker Barrel stores represent a single, integrated operation with two related and substantially integrated product lines.  The operating expenses of the restaurant and retail product lines of a Cracker Barrel store are shared and are indistinguishable in many respects.  Accordingly, the Company currently manages its business on the basis of one reportable operating segment.  All of the Company’s operations are located within the United States.  Total revenue was comprised of the following at:
			Quarter Ended				Nine Months Ended
			May 2,		May 3,		May 2,		May 3,
			2014		2013		2014		2013
	Revenue:
	Restaurant		$	523,557	$	522,642	$	1,573,895	$	1,555,111
	Retail			119,741		117,765		417,035		415,418
	Total revenue		$	643,298	$	640,407	$	1,990,930	$	1,970,529

ShareBased_Compensation

Share-Based Compensation	9 Months Ended
	2-May-14
Share-Based Compensation [Abstract]	'
Share-Based Compensation	'
	9	Share-Based Compensation
	Share-based compensation is recorded in general and administrative expenses in the accompanying Condensed Consolidated Statements of Income.  Total share-based compensation was comprised of the following at:
			Quarter Ended				Nine Months Ended
			May 2,		May 3,		May 2,		May 3,
			2014		2013		2014		2013
	Nonvested stock awards		$	1,269	$	5,074	$	4,611	$	9,238
	Performance-based market stock units (“MSU Grants”)			617		513		1,521		1,670
	Stock options			--		--		--		88
			$	1,886	$	5,587	$	6,132	$	10,996

Net_Income_Per_Share_and_Weigh

Net Income Per Share and Weighted Average Shares	9 Months Ended
	2-May-14
Net Income Per Share and Weighted Average Shares [Abstract]	'
Net Income Per Share and Weighted Average Shares	'
	10	Net Income Per Share and Weighted Average Shares
	Basic consolidated net income per share is computed by dividing consolidated net income available to common shareholders by the weighted average number of shares of common stock outstanding for the reporting period.  Diluted consolidated net income per share reflects the potential dilution that could occur if securities, options or other contracts to issue shares of common stock were exercised or converted into shares of common stock and is based upon the weighted average number of shares of common stock and common equivalent shares outstanding during the reporting period. Common equivalent shares related to stock options, nonvested stock awards and MSU Grants issued by the Company are calculated using the treasury stock method.  The outstanding stock options, nonvested stock awards and MSU Grants issued by the Company represent the only dilutive effects on diluted consolidated net income per share.
	The following table reconciles the components of diluted earnings per share computations:
			Quarter Ended				Nine Months Ended
			May 2,		May 3,		May 2,		May 3,
			2014		2013		2014		2013
	Net income per share numerator		$	28,728	$	24,602	$	92,943	$	82,962
	Net income per share denominator:
	Weighted average shares			23,820,309		23,760,589		23,816,841		23,683,133
	Add potential dilution:
	Stock options, nonvested stock awards and MSU Grants			158,165		246,232		141,217		230,093
	Diluted weighted average shares			23,978,474		24,006,821		23,958,058		23,913,226

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	2-May-14
Commitments and Contingencies [Abstract]	'
Commitments and Contingencies	'
	11.            Commitments and Contingencies
	In April 2014, the Company was served with a claim filed as a collective action alleging violations of the Fair Labor Standards Act.  The Company believes this claim is without merit and intends to vigorously defend this lawsuit.  This claim was recently served on the Company and the proceedings remain in the early stages.  At this time, the Company cannot reasonably estimate the likely results of the lawsuit or the economic effects of the litigation on the Company, though an adverse outcome could be material to the Company’s results of operations or financial position.  See “Item 1. Legal Proceedings” of Part II of this Quarterly Report on Form 10-Q for further information related to this claim.
	The Company and its subsidiaries are party to various legal and regulatory proceedings and claims incidental to their business in the ordinary course.  In the opinion of management, based upon information currently available, the ultimate liability with respect to these proceedings and claims will not materially affect the Company’s consolidated results of operations or financial position.
	Related to its workers’ compensation insurance coverage, the Company is contingently liable pursuant to standby letters of credit as credit guarantees to certain insurers.  As of May 2, 2014, the Company had $20,637 of standby letters of credit related to securing reserved claims under workers’ compensation insurance.  All standby letters of credit are renewable annually and reduce the Company’s borrowing availability under its Revolving Credit Facility (see Note 4).
	At May 2, 2014, the Company is secondarily liable for lease payments associated with two properties.  The Company is not aware of any non-performance under these lease arrangements that would result in the Company having to perform in accordance with the terms of those guarantees; and therefore, no provision has been recorded in the Condensed Consolidated Balance Sheets for amounts to be paid in case of non-performance by the primary obligors under such lease arrangements.
	The Company enters into certain indemnification agreements in favor of third parties in the ordinary course of business.  At May 2, 2014, the Company recorded a liability of $313 in the Condensed Consolidated Balance Sheet related to legal costs.  The Company believes that the probability of incurring an actual liability under other indemnification agreements is sufficiently remote so that no additional liability has been recorded in the Condensed Consolidated Balance Sheets.

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	9 Months Ended
	2-May-14
Fair Value Measurements [Abstract]	'
Assets and Liabilities measured at fair value on a recurring basis	'
	The Company’s assets and liabilities measured at fair value on a recurring basis at May 2, 2014 were as follows:
		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs		Fair Value
		(Level 1)				(Level 3)
	Cash equivalents*	$	9,168	$	--	$	--	$	9,168
	Interest rate swap asset (see Note 5)		--		508		--		508
	Deferred compensation plan assets**		26,949		--		--		26,949
	Total assets at fair value	$	36,117	$	508	$	--	$	36,625
	Interest rate swap liability (see Note 5)	$	--	$	7,908	$	--	$	7,908
	Total liabilities at fair value	$	--	$	7,908	$	--	$	7,908
	The Company’s assets and liabilities measured at fair value on a recurring basis at August 2, 2013 were as follows:
		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs		Fair Value
		(Level 1)				(Level 3)
	Cash equivalents*	$	57,767	$	--	$	--	$	57,767
	Interest rate swap asset (see Note 5)		--		883		--		883
	Deferred compensation plan assets**		25,263		--		--		25,263
	Total assets at fair value	$	83,030	$	883	$	--	$	83,913
	Interest rate swap liability (see Note 5)	$	--	$	11,644	$	--	$	11,644
	Total liabilities at fair value	$	--	$	11,644	$	--	$	11,644
	*Consists of money market fund investments.
	**Represents plan assets invested in mutual funds established under a Rabbi Trust for the Company’s non-qualified savings plan and is included in the Consolidated Balance Sheets as other assets.

Inventories_Tables

Inventories (Tables)	9 Months Ended
	2-May-14
Inventories [Abstract]	'
Inventories	'
	Inventories were comprised of the following at:
		2-May-14		2-Aug-13
	Retail	$	110,499	$	112,736
	Restaurant		21,687		20,214
	Supplies		15,192		13,737
	Total	$	147,378	$	146,687

Debt_Tables

Debt (Tables)	9 Months Ended
	2-May-14
Debt [Abstract]	'
Schedule of long-term debt	'
	Long‑term debt consisted of the following at:
		2-May-14			2-Aug-13
	Revolving credit facility expiring on July 8, 2016	$	212,500		$	212,500
	Term loan payable on or before July 8, 2016		187,500			187,500
			400,000			400,000
	Current maturities		(18,750	)		--
	Long-term debt	$	381,250		$	400,000

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedging Activities (Tables)	9 Months Ended
	2-May-14
Derivative Instruments and Hedging Activities [Abstract]	'
Summary of interest rate swaps	'
	A summary of the Company’s interest rate swaps at May 2, 2014 is as follows:
					Term
	Trade Date		Effective Date		(in Years)				Notional Amount				Fixed Rate
	10-Aug-10		3-May-13			2			$	200,000				2.73	%
	25-Jul-11		3-May-13			2				50,000				2	%
	25-Jul-11		3-May-13			3				50,000				2.45	%
	19-Sep-11		3-May-13			2				25,000				1.05	%
	19-Sep-11		3-May-13			2				25,000				1.05	%
	7-Dec-11		3-May-13			3				50,000				1.4	%
	18-Mar-13		3-May-15			3				50,000				1.51	%
	8-Apr-13		3-May-15			2				50,000				1.05	%
	15-Apr-13		3-May-15			2				50,000				1.03	%
	22-Apr-13		3-May-15			3				25,000				1.3	%
	25-Apr-13		3-May-15			3				25,000				1.29	%
Schedule of estimated fair value of derivative instruments	'
	The estimated fair values of the Company’s derivative instruments as of May 2, 2014 and August 2, 2013 were as follows:
	(See Note 2)		Balance Sheet Location		2-May-14				2-Aug-13
	Interest rate swaps		Other assets		$	508			$	883
	Interest rate swaps		Long-term interest rate swap liability		$	7,908			$	11,644
Offsetting Assets	'
	The following table summarizes the offsetting of the Company’s derivative assets in the Condensed Consolidated Balance Sheets at May 2, 2014 and August 2, 2013:
			Gross Asset Amounts								Liability Amount Offset							Net Asset Amount Presented
																		in the Balance Sheets
			May 2,				August 2,				May 2,				August 2,			May 2,		August 2,
	(See Note 2)		2014				2013				2014				2013			2014		2013
	Interest rate swaps		$	708			$	1,159			$	(200	)		$	(276	)	$	508	$	883
Offsetting Liabilities	'
	The following table summarizes the offsetting of the Company’s derivative liabilities in the Condensed Consolidated Balance Sheets at May 2, 2014 and August 2, 2013:
			Gross Liability Amounts								Asset Amount Offset							Net Liability Amount Presented in the Balance Sheets
			May 2,				August 2,				May 2,				August 2,			May 2,		August 2,
	(See Note 2)		2014				2013				2014				2013			2014		2013
	Interest rate swaps		$	8,839			$	13,120			$	(931	)		$	(1,476	)	$	7,908	$	11,644
Schedule of pre-tax effects of derivative instruments on income and AOCL	'
	The following table summarizes the pre-tax effects of the Company’s derivative instruments on AOCL for the nine months ended May 2, 2014 and the year ended August 2, 2013:
			Amount of Income Recognized in AOCL on Derivatives (Effective Portion)
			Nine Months Ended				Year Ended
			2-May-14				2-Aug-13
	Cash flow hedges:
	Interest rate swaps		$	3,361			$	23,620
	The following table summarizes the pre-tax effects of the Company’s derivative instruments on income for the quarters and nine-month periods ended May 2, 2014 and May 3, 2013:
		Location of Loss
		Reclassified from
		AOCL into Income		Amount of Loss Reclassified from AOCL into Income
		(Effective Portion)		(Effective Portion)
				Quarter Ended								Nine Months Ended
				May 2,				May 3,				May 2,				May 3,
				2014				2013				2014				2013
	Cash flow hedges:
	Interest rate swaps	Interest expense		$	2,007			$	13,743			$	6,033			$	20,773

Shareholders_Equity_Tables

Shareholders' Equity (Tables)	9 Months Ended
	2-May-14
Shareholders' Equity [Abstract]	'
Changes in AOCL, net of tax, related to Company's interest rate swaps	'
	The following table summarizes the changes in AOCL, net of tax, related to the Company’s interest rate swaps for the nine months ended May 2, 2014 (see Notes 2 and 5):
		Changes in AOCL
	AOCL balance at August 2, 2013	$	(6,612	)
	Other comprehensive income before reclassifications		5,772
	Amounts reclassified from AOCL		(3,707	)
	Other comprehensive income, net of tax		2,065
	AOCL balance at May 2, 2014	$	(4,547	)
Amounts reclassified out of AOCL related to Company's interest rate swaps	'
	The following table summarizes the amounts reclassified out of AOCL related to the Company’s interest rate swaps for the quarter and nine-month period ended May 2, 2014:
		Amount Reclassified from AOCL						Affected Line Item in the
		Quarter Ended			Nine Months Ended			Condensed Consolidated
	Details about AOCL	2-May-14			2-May-14			Statement of Income
	Loss on cash flow hedges:
	Interest rate swaps	$	(2,007	)	$	(6,033	)	Interest expense
	Tax benefit		774			2,326		Provision for income taxes
		$	(1,233	)	$	(3,707	)	Net of tax

Segment_Information_Tables

Segment Information (Tables)	9 Months Ended
	2-May-14
Segment Information [Abstract]	'
Schedule of revenue by segment	'
	Total revenue was comprised of the following at:
		Quarter Ended				Nine Months Ended
		May 2,		May 3,		May 2,		May 3,
		2014		2013		2014		2013
	Revenue:
	Restaurant	$	523,557	$	522,642	$	1,573,895	$	1,555,111
	Retail		119,741		117,765		417,035		415,418
	Total revenue	$	643,298	$	640,407	$	1,990,930	$	1,970,529

ShareBased_Compensation_Tables

Share-Based Compensation (Tables)	9 Months Ended
	2-May-14
Share-Based Compensation [Abstract]	'
Share-Based Compensation	'
	Total share-based compensation was comprised of the following at:
		Quarter Ended				Nine Months Ended
		May 2,		May 3,		May 2,		May 3,
		2014		2013		2014		2013
	Nonvested stock awards	$	1,269	$	5,074	$	4,611	$	9,238
	Performance-based market stock units (“MSU Grants”)		617		513		1,521		1,670
	Stock options		--		--		--		88
		$	1,886	$	5,587	$	6,132	$	10,996

Net_Income_Per_Share_and_Weigh1

Net Income Per Share and Weighted Average Shares (Tables)	9 Months Ended
	2-May-14
Net Income Per Share and Weighted Average Shares [Abstract]	'
Reconciliation of components of diluted earnings per share computations	'
	The following table reconciles the components of diluted earnings per share computations:
		Quarter Ended				Nine Months Ended
		May 2,		May 3,		May 2,		May 3,
		2014		2013		2014		2013
	Net income per share numerator	$	28,728	$	24,602	$	92,943	$	82,962
	Net income per share denominator:
	Weighted average shares		23,820,309		23,760,589		23,816,841		23,683,133
	Add potential dilution:
	Stock options, nonvested stock awards and MSU Grants		158,165		246,232		141,217		230,093
	Diluted weighted average shares		23,978,474		24,006,821		23,958,058		23,913,226

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (Fair Value, Measurements, Recurring [Member], USD $)	2-May-14		Aug. 02, 2013
In Thousands, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Cash equivalents	$9,168	[1]	$57,767	[1]
Interest rate swap asset (see Note 5)	508		883
Deferred compensation plan assets	26,949	[2]	25,263	[2]
Total assets at fair value	36,625		83,913
Interest rate swap liability (see Note 5)	7,908		11,644
Total liabilities at fair value	7,908		11,644
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Cash equivalents	9,168	[1]	57,767	[1]
Interest rate swap asset (see Note 5)	0		0
Deferred compensation plan assets	26,949	[2]	25,263	[2]
Total assets at fair value	36,117		83,030
Interest rate swap liability (see Note 5)	0		0
Total liabilities at fair value	0		0
Significant Other Observable Inputs (Level 2) [Member]	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Cash equivalents	0	[1]	0	[1]
Interest rate swap asset (see Note 5)	508		883
Deferred compensation plan assets	0	[2]	0	[2]
Total assets at fair value	508		883
Interest rate swap liability (see Note 5)	7,908		11,644
Total liabilities at fair value	7,908		11,644
Significant Unobservable Inputs (Level 3) [Member]	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Cash equivalents	0	[1]	0	[1]
Interest rate swap asset (see Note 5)	0		0
Deferred compensation plan assets	0	[2]	0	[2]
Total assets at fair value	0		0
Interest rate swap liability (see Note 5)	0		0
Total liabilities at fair value	$0		$0
[1]	Consists of money market fund investments.
[2]	Represents plan assets invested in mutual funds established under a Rabbi Trust for the Company's non-qualified savings plan and is included in the Consolidated Balance Sheets as other assets.

Inventories_Details

Inventories (Details) (USD $)	2-May-14	Aug. 02, 2013
In Thousands, unless otherwise specified
Inventories [Abstract]	'	'
Retail	$110,499	$112,736
Restaurant	21,687	20,214
Supplies	15,192	13,737
Total	$147,378	$146,687

Debt_Details

Debt (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	2-May-14	Aug. 02, 2013
Debt Instrument [Line Items]	'	'
Long-term debt, gross	$400,000	$400,000
Current maturities	-18,750	0
Long-term debt	381,250	400,000
Revolving Credit Facility [Member]	'	'
Debt Instrument [Line Items]	'	'
Long-term debt, gross	212,500	212,500
Line of credit facility, expiration date	8-Jul-16	'
Maximum borrowing capacity	500,000	'
Amount of standby letters of credit	20,637	'
Current borrowing capacity	266,863	'
Term Loans Payable [Member]	'	'
Debt Instrument [Line Items]	'	'
Long-term debt, gross	187,500	187,500
Maturity date	8-Jul-16	'
Credit Facility [Member]	'	'
Debt Instrument [Line Items]	'	'
Maximum borrowing capacity	750,000	'
Weighted average interest rates of the Company's swapped debt (in hundredths)	3.73%	'
Restrictions on dividends payable	'The Credit Facility also imposes restrictions on the amount of dividends the Company is permitted to pay and the amount of shares the Company is permitted to repurchase. Provided there is no default existing and the total of the Company's availability under the Revolving Credit Facility plus the Company's cash and cash equivalents on hand is at least $100,000 (the "liquidity requirements"), the Company may declare and pay cash dividends on shares of its common stock and repurchase shares of its common stock if the aggregate amount of dividends paid and shares repurchased in any fiscal year is less than the sum of (1) 20% of Consolidated EBITDA from continuing operations (as defined in the Credit Facility) (the "20% limitation") during the immediately preceding fiscal year and (2) provided the Company's consolidated total leverage ratio is 3.25 to 1.00 or less, $100,000 (less the amount of any share repurchases during the current fiscal year). In any event, as long as the liquidity requirements are met, dividends may be declared and paid in any fiscal year up to the amount of dividends permitted and paid in the preceding fiscal year without regard to the 20% limitation.	'
Liquidity requirements	100,000	'
Percentage of EBITDA limitation (in hundredths)	20.00%	'
Dividends threshold	$100,000	'
Leverage ratio, maximum	3.25	'

Derivative_Instruments_and_Hed2

Derivative Instruments and Hedging Activities (Details) (USD $)

2-May-14

2-May-14

Aug. 02, 2013

2-May-14

Aug. 02, 2013

2-May-14

3-May-13

2-May-14

3-May-13

2-May-14

Aug. 02, 2013

2-May-14

Aug. 02, 2013

2-May-14

Aug. 02, 2013

2-May-14

2-May-14

2-May-14

2-May-14

2-May-14

2-May-14

2-May-14

2-May-14

2-May-14

2-May-14

2-May-14

In Thousands, unless otherwise specified

Interest Rate Swap [Member]

Interest Rate Swap [Member]

Interest Rate Swap [Member]

Interest Rate Swap [Member]

Interest Rate Swap [Member]

Interest Rate Swap [Member]

Interest Rate Swap [Member]

Interest Rate Swap [Member]

Other assets [Member]

Other assets [Member]

Current interest rate swap liability [Member]

Current interest rate swap liability [Member]

Long-term interest rate swap liability [Member]

Long-term interest rate swap liability [Member]

Interest Rate Swap Aug 10, 2010 [Member]

Two Year Interest Rate Swap July 25, 2011 [Member]

Three Year Interest Rate Swap July 25, 2011 [Member]

Interest Rate Swap 1 September 19, 2011 [Member]

Interest Rate Swap 2 September 19, 2011 [Member]

Interest Rate Swap December 7, 2011 [Member]

Interest Rate Swap March 18, 2013 [Member]

Interest Rate Swap April 8, 2013 [Member]

Interest Rate Swap April 15, 2013 [Member]

Interest Rate Swap April 22, 2013 [Member]

Interest Rate Swap April 25, 2013 [Member]

Cash Flow Hedging [Member]

Cash Flow Hedging [Member]

Cash Flow Hedging [Member]

Cash Flow Hedging [Member]

Cash Flow Hedging [Member]

Cash Flow Hedging [Member]

Interest Rate Swap [Member]

Interest Rate Swap [Member]

Interest Rate Swap [Member]

Interest Rate Swap [Member]

Interest Expense [Member]

Interest Expense [Member]

Interest Expense [Member]

Interest Expense [Member]

Derivative [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Company's credit spread (in hundredths)

1.50%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Effective date

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3-May-13

3-May-13

3-May-13

3-May-13

3-May-13

3-May-13

3-May-15

3-May-15

3-May-15

3-May-15

3-May-15

Term

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'2 years

'2 years

'3 years

'2 years

'2 years

'3 years

'3 years

'2 years

'2 years

'3 years

'3 years

Notional amount

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$200,000

$50,000

$50,000

$25,000

$25,000

$50,000

$50,000

$50,000

$50,000

$25,000

$25,000

Fixed rate (in hundredths)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2.73%

2.00%

2.45%

1.05%

1.05%

1.40%

1.51%

1.05%

1.03%

1.30%

1.29%

Derivatives, Fair Value [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Fair value, assets

'

508

883

'

'

'

'

'

'

508

883

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Fair value, liability

'

7,908

11,644

'

'

'

'

'

'

'

'

'

'

7,908

11,644

'

'

'

'

'

'

'

'

'

'

'

Offsetting of derivative assets in condensed consolidated balance sheets [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gross Asset Amounts

'

708

1,159

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Liability Amount Offset

'

-200

-276

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net Asset Amount Presented in the Balance Sheets

'

508

883

'

'

'

'

'

'

508

883

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Offsetting of derivative liabilities in condensed consolidated balance sheets [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gross Liability Amounts

'

8,839

13,120

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Asset Amount Offset

'

-931

-1,476

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net Liability Amount Presented in the Balance Sheets

'

7,908

11,644

'

'

'

'

'

'

'

'

'

'

7,908

11,644

'

'

'

'

'

'

'

'

'

'

'

Reduction in the fair value

'

'

'

'

'

'

'

'

'

'

'

21

123

'

'

'

'

'

'

'

'

'

'

'

'

'

Estimated pre-tax portion of AOCL that is expected to be reclassified into earnings over the next twelve months

6,109

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Derivative Instruments, Gain (Loss) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amount of (Loss) Income Recognized in AOCL on Derivative (Effective Portion)

'

'

'

3,361

23,620

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amount of Loss Reclassified from AOCL into Income (Effective Portion)

'

'

'

'

'

$2,007

$13,743

$6,033

$20,773

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Shareholders_Equity_Details

Shareholders' Equity (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	2-May-14	3-May-13	2-May-14	3-May-13
Shareholders' Equity [Abstract]	'	'	'	'
Common stock issued resulting from vesting of share-based compensation awards and stock option exercises (in shares)	'	'	145,173	'
Adjustments related to tax withholding and stock issued for share based compensation awards	'	'	$8,430	'
Stock repurchase (in shares)	'	'	120,000	'
Stock repurchase aggregate value	'	'	12,473	'
Share-based compensation expense	'	'	6,132	'
Tax benefit realized upon exercise of share-based compensation awards	'	'	612	'
Dividends [Line Items]	'	'	'	'
Cash dividends declared (in dollars per share)	$1.75	$0.50	$3.25	$1.50
Cash dividends paid (in dollars per share)	'	'	$2.25	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Other comprehensive income, net of tax	1,218	3,061	2,065	10,782
Interest Rate Swaps [Member]	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
AOCL, Beginning balance	'	'	-6,612	'
Other comprehensive income before reclassifications	'	'	5,772	'
Amounts reclassified from AOCL	'	'	-3,707	'
Other comprehensive income, net of tax	'	'	2,065	'
AOCL, Ending balance	($4,547)	'	($4,547)	'
First Declaration of Dividends [Member]	'	'	'	'
Dividends [Line Items]	'	'	'	'
Cash dividends declared (in dollars per share)	'	'	$1	'
Dividend payment date	'	'	5-Aug-14	'
Dividend record date	'	'	18-Jul-14	'
Second Declaration of Dividends [Member]	'	'	'	'
Dividends [Line Items]	'	'	'	'
Cash dividends declared (in dollars per share)	'	'	$0.75	'
Dividend payment date	'	'	5-May-14	'
Dividend record date	'	'	18-Apr-14	'

Shareholders_Equity_Reclassifi

Shareholders' Equity, Reclassification Out of Accumulated Other Comprehensive Income (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	2-May-14	3-May-13	2-May-14	3-May-13
Amounts reclassified out of AOCL related to interest expense and provision for income taxes [Abstract]	'	'	'	'
Interest expense	$4,327	$10,194	$13,205	$31,199
Provision for income taxes	12,158	9,376	42,008	32,516
Interest Rate Swaps [Member]	'	'	'	'
Amounts reclassified out of AOCL related to interest expense and provision for income taxes [Abstract]	'	'	'	'
Net of tax	'	'	-3,707	'
Interest Rate Swaps [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]	'	'	'	'
Amounts reclassified out of AOCL related to interest expense and provision for income taxes [Abstract]	'	'	'	'
Interest expense	-2,007	'	-6,033	'
Provision for income taxes	774	'	2,326	'
Net of tax	($1,233)	'	($3,707)	'

Segment_Information_Details

Segment Information (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	2-May-14	3-May-13	2-May-14	3-May-13
	Segment
	ProductLine
Segment Information [Abstract]	'	'	'	'
Number of product lines	2	'	'	'
Number of reportable operating segments	1	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Revenue	$643,298	$640,407	$1,990,930	$1,970,529
Restaurant [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Revenue	523,557	522,642	1,573,895	1,555,111
Retail [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Revenue	$119,741	$117,765	$417,035	$415,418

ShareBased_Compensation_Detail

Share-Based Compensation (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	2-May-14	3-May-13	2-May-14	3-May-13
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Compensation cost	$1,886	$5,587	$6,132	$10,996
Nonvested Stock Awards [Member]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Compensation cost	1,269	5,074	4,611	9,238
Performance-Based Market Stock Units ("MSU Grants") [Member]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Compensation cost	617	513	1,521	1,670
Stock Options [Member]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Compensation cost	$0	$0	$0	$88

Net_Income_Per_Share_and_Weigh2

Net Income Per Share and Weighted Average Shares (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	2-May-14	3-May-13	2-May-14	3-May-13
Net Income Per Share and Weighted Average Shares [Abstract]	'	'	'	'
Net income per share numerator	$28,728	$24,602	$92,943	$82,962
Net income per share denominator [Abstract]	'	'	'	'
Weighted average shares (in shares)	23,820,309	23,760,589	23,816,841	23,683,133
Add potential dilution [Abstract]	'	'	'	'
Stock options, nonvested stock awards and MSU Grants	158,165	246,232	141,217	230,093
Diluted weighted average shares (in shares)	23,978,474	24,006,821	23,958,058	23,913,226

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	2-May-14
In Thousands, unless otherwise specified
Financial Standby Letter of Credit [Member]	'
Guarantor Obligations [Line Items]	'
Standby letters of credit	$20,637
Third party lease guarantees [Member]	'
Guarantor Obligations [Line Items]	'
Number of properties for which the company is secondarily liable for lease payments	2
Third Party indemnification agreements [Member]	'
Guarantor Obligations [Line Items]	'
Indemnification liability	$313