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Restructuring Charges
12 Months Ended
Jul. 31, 2017
Restructuring Charges [Abstract]  
Restructuring Charges
Restructuring Charges
The Company did not incur any restructuring or impairment charges during fiscal 2017. The Company incurred $16.1 million of restructuring changes in fiscal 2016 with $10.4 million recorded in operating expenses and the remaining $5.7 million recorded in cost of sales. The Engine Products segment incurred $8.8 million and the Industrial Products segment incurred $7.3 million of the restructuring charges for fiscal 2016. The Company incurred $16.9 million of restructuring and impairment charges in fiscal 2015 with $8.5 million recorded in operating expenses and the remaining $8.4 million recorded in cost of sales. The Engine Products segment incurred $9.2 million and the Industrial Products segment incurred $3.8 million of the restructuring and impairment charges for fiscal 2015. The charges for fiscal 2016 and fiscal 2015 consisted of one-time termination benefits from restructuring salaried and production workforce in all geographic regions and closing a production facility in Grinnell, Iowa. In addition, in fiscal 2015 the Company recorded the abandonment and write-off of a partially completed facility in Xuzhou, China and a $3.9 million charge related to a lump-sum settlement of its U.S. pension plan. As the Company’s restructuring actions were mainly incurred and paid in the same period, there was no material liability balance as of either of the periods presented.