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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jul. 31, 2016
Jul. 31, 2015
Jul. 31, 2014
Cash flows from operating activities      
Net income $ 59,953,000 $ 47,953,000 $ 43,265,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 11,989,000 10,692,000 8,245,000
Amortization 13,095,000 13,265,000 10,641,000
Stock-based compensation expense 8,361,000 5,867,000 5,409,000
Amortization of debt issuance costs 401,000 401,000 440,000
Loss on disposal of fixed assets 553,000 360,000 501,000
Loss on sale of business   2,206,000  
Impairment of assets   1,287,000  
Fair value adjustments to acquisition related liabilities (687,000) (2,585,000) 219,000
Deferred income taxes (1,710,000) (1,449,000) (1,218,000)
Excess tax benefits from stock-based compensation (1,179,000) (3,168,000) (4,391,000)
Changes in assets and liabilities, net of effects of business acquisitions/divestiture:      
Accounts receivable (12,729,000) (3,905,000) (6,149,000)
Inventories (15,558,000) (10,075,000) (2,658,000)
Prepaid expenses and other current assets (2,850,000) (2,996,000) (2,388,000)
Accounts payable and other current liabilities 17,657,000 (3,347,000) 6,205,000
Income taxes 2,972,000 4,564,000 6,151,000
Net cash provided by operating activities 80,268,000 59,070,000 64,272,000
Cash flows from investing activities      
Capital expenditures (18,889,000) (12,760,000) (13,541,000)
Proceeds from disposal of fixed assets 96,000 25,000 14,000
Proceeds from sale of business, net of cash retained and disposal costs   3,767,000  
Acquisition of businesses, net of cash acquired (94,528,000) (43,567,000) (33,547,000)
Other, net 339,000 241,000 (358,000)
Net cash used in investing activities (112,982,000) (52,294,000) (47,432,000)
Cash flows from financing activities      
Borrowings under revolving credit facility 96,500,000 47,000,000 28,000,000
Repayments under term loan facility     (5,000,000)
Repayments under revolving credit facility (59,000,000) (49,000,000) (37,500,000)
Debt modification costs     (1,314,000)
Proceeds from exercises of stock options   608,000 634,000
Dividends paid (5,005,000) (4,154,000) (3,721,000)
Excess tax benefits from stock-based compensation 1,179,000 3,168,000 4,391,000
Purchases of treasury stock (3,732,000) (3,727,000) (4,439,000)
Net cash provided by (used in) financing activities 29,942,000 (6,105,000) (18,949,000)
Effect of exchange rate changes on cash and cash equivalents (581,000) (732,000) (186,000)
Decrease in cash and cash equivalents (3,353,000) (61,000) (2,295,000)
Cash and cash equivalents at beginning of period 31,720,000 31,781,000 34,076,000
Cash and cash equivalents at end of period $ 28,367,000 $ 31,720,000 $ 31,781,000