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Quarterly Financial Information (Unaudited)
12 Months Ended
Jul. 31, 2019
Quarterly Financial Data [Abstract]  
Quarterly Financial Information (Unaudited)
Quarterly Financial Information (Unaudited)
Unaudited consolidated quarterly financial information for the years ended July 31, 2019 and 2018 is as follows (in millions, except per share amounts):
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Fiscal 2019
 
 
 
 
 
 
 
 
Net sales
 
$
701.4

 
$
703.7

 
$
712.8

 
$
726.9

Gross profit
 
238.4

 
225.4

 
240.7

 
243.8

Net earnings
 
73.8

 
60.1

 
75.2

 
58.0

Net earnings per share – basic
 
0.57

 
0.47

 
0.59

 
0.45

Net earnings per share – diluted
 
0.56

 
0.46

 
0.58

 
0.45

Dividends paid per share
 
0.19

 
0.19

 
0.19

 
0.21

 
 
 
 
 
 
 
 
 
Fiscal 2018
 
 
 
 
 
 
 
 
Net sales
 
$
644.8

 
$
664.7

 
$
700.0

 
$
724.7

Gross profit
 
224.3

 
218.9

 
239.8

 
252.8

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
 
0.18

 
0.18

 
0.18

 
0.19


Note: Amounts may not foot due to rounding.