XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Oct. 31, 2020
Oct. 31, 2019
Net sales    
Net sales $ 297,029 $ 257,246
Cost of sales    
Cost of sales 149,663 141,377
Gross profit 147,366 115,869
Expenses:    
Selling 40,063 38,411
General and administrative 49,378 55,287
Research and development 7,573 7,747
Total operating expenses 97,014 101,445
Income from operations 50,352 14,424
Interest expense, net 16,293 5,719
Income before income taxes 34,059 8,705
Income taxes 9,595 2,938
Net income $ 24,464 $ 5,767
Earnings per common share:    
Basic (in dollars per share) $ 0.58 $ 0.14
Diluted (in dollars per share) 0.57 0.14
Dividends per common share (in dollars per share) $ 0 $ 0
Product sales    
Net sales    
Net sales $ 263,570 $ 225,678
Cost of sales    
Cost of sales 129,655 120,586
Product service    
Net sales    
Net sales 33,459 31,568
Cost of sales    
Cost of sales $ 20,008 $ 20,791