Quarterly Financial Information

12 Months Ended

Jul. 31, 2011

Quarterly Financial Information

Quarterly Financial Information

NOTE P Quarterly Financial Information (Unaudited)

	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
	(In thousands)
2011
Net sales	$	536,909	$	537,105	$	594,565	$	625,450
Gross margin		188,090		189,543		209,158		227,005
Net earnings		53,134		44,579		61,811		65,767
Basic earnings per share		0.69		0.57		0.80		0.86
Diluted earnings per share		0.68		0.56		0.79		0.84
Dividends declared per share		—		0.260		—		0.300
Dividends paid per share		0.125		0.130		0.130		0.150
2010
Net sales	$	428,080	$	436,122	$	497,619	$	515,243
Gross margin		148,400		145,947		177,371		187,030
Net earnings		34,569		30,966		49,458		51,170
Basic earnings per share		0.44		0.40		0.64		0.66
Diluted earnings per share		0.44		0.39		0.62		0.65
Dividends declared per share		—		0.115		0.120		0.245
Dividends paid per share		0.115		0.115		0.120		0.120

          The quarter ended October 31, 2010 included restructuring charges after-tax of $0.6 million or $0.01 per share. The quarters ended October 31, 2009, January 31, 2010, April 30, 2010, and July 31, 2010, include restructuring charges after-tax of $0.9 million or $0.01 per share, $3.6 million or $0.05 per share, $2.7 million or $0.03 per share, and less than $0.1 million, respectively.