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Consolidated Statements of Operations - USD ($)
12 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Jul. 31, 2013
Income Statement [Abstract]      
Net sales $ 307,289,000 $ 347,150,000 $ 319,797,000
Cost of sales 168,405,000 195,712,000 178,967,000
Gross profit 138,884,000 151,438,000 140,830,000
Expenses:      
Selling, general and administrative 62,680,000 67,147,000 63,265,000
Research and development 35,916,000 34,108,000 36,748,000
Amortization of intangibles 6,211,000 6,285,000 6,328,000
Total operating expenses 104,807,000 107,540,000 106,341,000
Operating income 34,077,000 43,898,000 34,489,000
Other expenses (income):      
Interest expense 479,000 6,304,000 8,163,000
Interest income and other (405,000) (913,000) (1,167,000)
Income before provision for income taxes 34,003,000 38,507,000 27,493,000
Provision for income taxes 10,758,000 13,356,000 9,685,000
Net income $ 23,245,000 $ 25,151,000 $ 17,808,000
Net income per share:      
Basic (in dollars per share) $ 1.43 $ 1.58 $ 1.05
Diluted (in dollars per share) [1] $ 1.42 $ 1.37 $ 0.97
Weighted average number of common shares outstanding - basic (in shares) 16,203,000 15,943,000 16,963,000
Weighted average number of common and common equivalent shares outstanding - diluted (in shares) 16,418,000 20,906,000 23,064,000
Dividends declared per issued and outstanding common share as of the applicable dividend record date (in dollars per share) $ 1.20 $ 1.175 $ 1.10
[1] The per share information is computed independently for each quarter and the full year based on the respective weighted average number of common shares outstanding. Therefore, income per share information for the full fiscal year may not equal the total of the quarters within the year.