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Quarterly Financial Information (Unaudited)
12 Months Ended
Jul. 31, 2018
Quarterly Financial Data [Abstract]  
Quarterly Financial Information (Unaudited)
Quarterly Financial Information (Unaudited)
Unaudited consolidated quarterly financial information for the years ended July 31, 2018 and 2017 is as follows (in millions, except per share amounts):
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Fiscal 2018
 
 
 
 
 
 
 
 
Net sales
 
$
644.8

 
$
664.7

 
$
700.0

 
$
724.7

Gross profit
 
224.3

 
218.9

 
239.6

 
252.7

Net earnings (loss)
 
60.9

 
(52.9
)
 
69.9

 
102.4

Net earnings (loss) per share – basic
 
0.47

 
(0.40
)
 
0.54

 
0.79

Net earnings (loss) per share – diluted
 
0.46

 
(0.40
)
 
0.53

 
0.78

Dividends paid per share
 
0.180

 
0.180

 
0.180

 
0.190

 
 
 
 
 
 
 
 
 
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 paid per share
 
0.175

 
0.175

 
0.175

 
0.175