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CONSOLIDATED BALANCE SHEETS - USD ($)
Jul. 31, 2015
Jul. 31, 2014
Current assets:    
Cash and cash equivalents $ 31,720,000 $ 31,781,000
Accounts receivable, net of allowance for doubtful accounts of $2,092 in 2015 and $1,874 in 2014 69,805,000 62,225,000
Inventories, net 72,078,000 59,737,000
Deferred income taxes 6,233,000 3,551,000
Prepaid expenses and other current assets 8,525,000 6,615,000
Total current assets 188,361,000 163,909,000
Property and equipment, at cost:    
Land, buildings and improvements 38,224,000 32,774,000
Furniture and equipment 81,585,000 70,694,000
Leasehold improvements 4,786,000 4,492,000
Property and equipment, gross 124,595,000 107,960,000
Less accumulated depreciation and amortization (62,054,000) (55,242,000)
Property and equipment, net 62,541,000 52,718,000
Intangible assets, net 85,836,000 82,952,000
Goodwill 241,951,000 231,647,000
Other assets 5,342,000 4,919,000
Total assets 584,031,000 536,145,000
Current liabilities:    
Accounts payable 16,184,000 19,529,000
Compensation payable 18,557,000 14,866,000
Accrued expenses 15,092,000 15,109,000
Deferred revenue 18,323,000 16,102,000
Income taxes payable 2,468,000 893,000
Total current liabilities 70,624,000 66,499,000
Long-term debt 78,500,000 80,500,000
Deferred income taxes 23,722,000 17,805,000
Contingent consideration 751,000 2,722,000
Other long-term liabilities $ 3,801,000 $ 3,373,000
Commitments and contingencies
Stockholders' equity:    
Preferred Stock, par value $1.00 per share; authorized 1,000,000 shares; none issued
Common Stock, par value $.10 per share; authorized 75,000,000 shares; issued 2015 - 45,913,154 shares, outstanding 2015 - 41,604,359 shares; issued 2014 - 45,641,688 shares, outstanding 2014 - 41,442,260 shares $ 4,591,000 $ 4,564,000
Additional paid-in capital 156,050,000 146,048,000
Retained earnings 287,105,000 243,306,000
Accumulated other comprehensive income 1,224,000 9,552,000
Treasury Stock, 2015 - 4,308,795 shares at cost; 2014 - 4,199,428 shares at cost (42,337,000) (38,224,000)
Total stockholders' equity 406,633,000 365,246,000
Total liabilities and stockholders' equity $ 584,031,000 $ 536,145,000