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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
12 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Jul. 31, 2013
Net sales      
Product sales $ 493,656,000 $ 434,531,000 $ 383,520,000
Product service 71,348,000 54,218,000 41,506,000
Total net sales 565,004,000 488,749,000 425,026,000
Cost of sales      
Product sales 260,903,000 236,429,000 210,433,000
Product service 50,634,000 39,021,000 31,117,000
Total cost of sales 311,537,000 275,450,000 241,550,000
Gross profit 253,467,000 213,299,000 183,476,000
Expenses:      
Selling 80,787,000 66,519,000 57,786,000
General and administrative 77,897,000 65,039,000 53,182,000
Research and development 14,022,000 10,813,000 9,320,000
Total operating expenses 172,706,000 142,371,000 120,288,000
Income from operations 80,761,000 70,928,000 63,188,000
Interest expense 2,432,000 2,380,000 2,895,000
Interest income (68,000) (63,000) (61,000)
Loss on sale of business 2,206,000    
Income before income taxes 76,191,000 68,611,000 60,354,000
Income taxes 28,238,000 25,346,000 21,115,000
Net income $ 47,953,000 $ 43,265,000 $ 39,239,000
Earnings per common share:      
Basic (in dollars per share) $ 1.16 $ 1.05 $ 0.96
Diluted (in dollars per share) 1.15 1.04 0.95
Dividends per common share (in dollars per share) $ 0.10 $ 0.09 $ 0.07