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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Cash flows from operating activities    
Net income $ 6,220 $ 4,975
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,677 1,628
Amortization 2,289 1,319
Stock-based compensation expense 931 765
Amortization of debt issuance costs 95 79
Loss (gain) on disposal of fixed assets 3 (11)
Deferred income taxes (351) (538)
Excess tax benefits from stock-based compensation (218) (20)
Changes in assets and liabilities, net of assets acquired and liabilities assumed:    
Accounts receivable 6,614 (2,177)
Inventories (1,906) 1,368
Prepaid expenses and other current assets (2,440) (882)
Accounts payable and other current liabilities (8,275) (5,655)
Income taxes payable 3,057 2,369
Net cash provided by operating activities 7,696 3,220
Cash flows from investing activities    
Capital expenditures (1,290) (1,192)
Proceeds from disposal of fixed assets   29
Acquisition of Gambro Water (517) (20,600)
Acquisition of the Byrne Medical Business (95,900)  
Other, net (53) (98)
Net cash used in investing activities (97,760) (21,861)
Cash flows from financing activities    
Borrowings under term credit facility, net of debt issuance costs 49,649  
Borrowings under revolving credit facility, net of debt issuance costs 46,946 20,500
Repayments under term loan facility (2,500) (2,500)
Repayments under revolving credit facility (3,000) (6,000)
Proceeds from exercises of stock options 390 81
Excess tax benefits from stock-based compensation 218 20
Purchases of treasury stock (293) (67)
Net cash provided by financing activities 91,410 12,034
Effect of exchange rate changes on cash and cash equivalents (110) (51)
Increase (decrease) in cash and cash equivalents 1,236 (6,658)
Cash and cash equivalents at beginning of period 18,410 22,612
Cash and cash equivalents at end of period $ 19,646 $ 15,954