The impacts of COVID-19 to our specific operating segments are discussed below.
BUSINESS TO BUSINESS PRODUCTS GROUP
in operating income was driven by higher freight, packaging, natural gas, and non-fuel manufacturing costs per ton as discussed in "Consolidated Results" above as well as higher SG&A expenses.
RETAIL AND WHOLESALE PRODUCTS GROUP
Identifiable assets of our foreign subsidiaries as of April 30, 2022 were $12,594,000, compared to $12,572,000 as of July 31, 2021.
BUSINESS TO BUSINESS PRODUCTS GROUP
RETAIL AND WHOLESALE PRODUCTS GROUP
The following table sets forth certain elements of our unaudited Condensed Consolidated Statements of Cash Flows (in thousands):
the Nine Months Ended April 30,
Net cash provided by operating activities
Net cash used in investing activities
Net cash used in financing activities
Total cash and investment balances held by our foreign subsidiaries of $3,107,000 as of April 30, 2022 were slightly higher than the April 30, 2021 balances of $3,054,000. See further discussion in "Foreign Operations" above.
market (pursuant to Rule 10b5-1 plans or otherwise) or in negotiated transactions. The timing, number and manner of share repurchases will be determined by our management pursuant to the repurchase plan approved by our Board.
CRITICAL ACCOUNTING POLICIES AND ESTIMATES
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