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Quarterly Financial Information (Unaudited)
12 Months Ended
Jul. 31, 2017
Quarterly Financial Data [Abstract]  
Quarterly Financial Information (Unaudited)
Quarterly Financial Information (Unaudited)
Unaudited consolidated quarterly financial information for the years ended July 31, 2017 and 2016 is as follows (in millions, except per share amounts):
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Fiscal 2017
 
 
 
 
 
 
 
 
Net sales
 
$
553.0

 
$
550.6

 
$
608.2

 
$
660.1

Gross profit
 
194.2

 
187.9

 
211.5

 
229.5

Net earnings
 
58.0

 
46.5

 
60.1

 
68.2

Net earnings per share – basic
 
0.43

 
0.35

 
0.45

 
0.52

Net earnings per share – diluted
 
0.43

 
0.35

 
0.45

 
0.51

Dividends declared per share
 
0.175

 
0.175

 
0.175

 
0.180

Dividends paid per share
 
0.175

 
0.175

 
0.175

 
0.175

 
 
 
 
 
 
 
 
 
Fiscal 2016
 
 
 
 
 
 
 
 
Net sales
 
$
538.0

 
$
517.2

 
$
571.3

 
$
593.8

Gross profit
 
178.1

 
170.8

 
196.6

 
209.3

Net earnings
 
38.5

 
38.0

 
54.8

 
59.5

Net earnings per share – basic
 
0.29

 
0.28

 
0.41

 
0.44

Net earnings per share – diluted
 
0.29

 
0.28

 
0.41

 
0.44

Dividends declared per share
 
0.170

 
0.170

 
0.175

 
0.175

Dividends paid per share
 
0.170

 
0.170

 
0.170

 
0.175