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Condensed Consolidated Statements of Operations (USD $)
3 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Condensed Consolidated Statements of Operations    
Net sales $ 113,361,000 $ 178,160,000
Cost of sales 62,081,000 113,926,000
Gross profit 51,280,000 64,234,000
Expenses:    
Selling, general and administrative 24,118,000 24,015,000
Research and development 9,684,000 10,751,000
Amortization of intangibles 1,719,000 1,887,000
Merger termination fee, net 0 (12,500,000)
Total operating expenses 35,521,000 24,153,000
Operating income 15,759,000 40,081,000
Other expenses (income):    
Interest expense 2,146,000 2,063,000
Interest income and other (496,000) (694,000)
Income before provision for income taxes 14,109,000 38,712,000
Provision for income taxes 1,508,000 13,056,000
Net income $ 12,601,000 $ 25,656,000
Net income per share:    
Basic $ 0.54 $ 0.91
Diluted $ 0.47 $ 0.79
Weighted average number of common shares outstanding - basic 23,257,000 28,119,000
Weighted average number of common and common equivalent shares outstanding - diluted 29,147,000 33,771,000
Dividends declared per issued and outstanding common share as of the applicable dividend record date $ 0.275 $ 0.25