Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 31, 2019	Jul. 31, 2018
Current assets:
Cash and cash equivalents	$ 44,535	$ 94,097
Accounts receivable, net of allowance for doubtful accounts of $2,322 and $1,149	146,910	118,642
Inventories, net	138,234	107,592
Prepaid expenses and other current assets	20,920	17,912
Income taxes receivable	1,197	0
Total current assets	351,796	338,243
Property and equipment, net	185,242	111,417
Intangible assets, net	141,513	137,361
Goodwill	378,109	368,027
Other assets	9,425	5,749
Deferred income taxes	4,281	2,911
Total assets	1,070,366	963,708
Current liabilities:
Accounts payable	39,450	34,258
Compensation payable	32,762	30,595
Accrued expenses	38,545	28,525
Deferred revenue	27,840	28,614
Current portion of long-term debt	10,000	10,000
Income taxes payable	2,803	2,791
Total current liabilities	151,400	134,783
Long-term debt	220,851	187,302
Deferred income taxes	29,278	27,624
Other long-term liabilities	7,300	5,132
Total liabilities	408,829	354,841
Commitments and Contingencies (Note 12)
Stockholders’ equity:
Preferred Stock, par value $1.00 per share; authorized 1,000,000 shares; none issued	0	0
Common Stock, par value $.10 per share; Authorized 75,000,000 shares; issued 46,362,902 shares and outstanding 41,771,228 shares as of July 31, 2019; issued 46,243,582 shares and outstanding 41,706,084 shares as of July 31, 2018	4,636	4,624
Additional paid-in capital	204,795	184,212
Retained earnings	539,097	491,540
Accumulated other comprehensive loss	(22,197)	(11,456)
Treasury Stock, at cost; 4,591,674 shares as of July 31, 2019; 4,537,498 shares as of July 31, 2018	(64,794)	(60,053)
Total stockholders’ equity	661,537	608,867
Total liabilities and stockholders’ equity	$ 1,070,366	$ 963,708