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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Cash flows from operating activities    
Net income $ 43,662,000 $ 34,680,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 8,754,000 7,573,000
Amortization 9,737,000 9,648,000
Stock-based compensation expense 5,837,000 4,354,000
Amortization of debt issuance costs 301,000 301,000
Loss on disposal of fixed assets 177,000 209,000
Loss on sale of business   2,206,000
Impairment of assets   1,287,000
Fair value adjustments to acquisition related liabilities (551,000) (2,516,000)
Deferred income taxes (97,000) (124,000)
Excess tax benefits from stock-based compensation (1,586,000) (2,662,000)
Changes in assets and liabilities, net of effects of business acquisitions/divestiture:    
Accounts receivable (10,315,000) (7,239,000)
Inventories (13,681,000) (7,307,000)
Prepaid expenses and other current assets (5,037,000) (2,444,000)
Accounts payable and other current liabilities 14,518,000 (5,463,000)
Income taxes 84,000 871,000
Net cash provided by operating activities 51,803,000 33,374,000
Cash flows from investing activities    
Capital expenditures (12,258,000) (8,329,000)
Proceeds from disposal of fixed assets 55,000 49,000
Proceeds from sale of business, net of cash retained and disposal costs   3,942,000
Acquisitions of businesses, net of cash acquired (94,624,000) (43,631,000)
Other, net (89,000) 336,000
Net cash used in investing activities (106,916,000) (47,633,000)
Cash flows from financing activities    
Borrowings under revolving credit facility 96,500,000 47,000,000
Repayments under revolving credit facility (43,000,000) (36,000,000)
Proceeds from exercises of stock options   393,000
Dividends paid (2,502,000) (2,076,000)
Excess tax benefits from stock-based compensation 1,586,000 2,662,000
Purchases of treasury stock (3,551,000) (3,536,000)
Net cash provided by financing activities 49,033,000 8,443,000
Effect of exchange rate changes on cash and cash equivalents (142,000) (600,000)
Decrease in cash and cash equivalents (6,222,000) (6,416,000)
Cash and cash equivalents at beginning of period 31,720,000 31,781,000
Cash and cash equivalents at end of period $ 25,498,000 $ 25,365,000