Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jan. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Quantifying Prior Year Misstatements Corrected in Current Year Financial Statements

The impact of these misstatements is included in the Fiscal 2015 amounts in the accompanying condensed consolidated financial statements, including applicable footnotes, and is summarized as follows (millions of dollars except per share amounts):

	Three Months Ended January 31, 2015							Six Months Ended January 31, 2015
	As Previously Reported		Effect of Revision			As Revised		As Previously Reported		Effect of Revision			As Revised
Net sales	$	596.9	$	(8.4	)	$	588.5	$	1,193.4	$	(8.4	)	$	1,185.0
Cost of sales	391.4		(6.0		)	385.4		778.8		(6.0		)	772.8
Gross profit	205.5		(2.4		)	203.1		414.6		(2.4		)	412.2
Operating income	68.2		(2.4		)	65.8		145.2		(2.4		)	142.8
Earnings before income taxes	67.8		(2.4		)	65.4		145.1		(2.4		)	142.7
Income taxes	18.2		(0.8		)	17.4		39.6		(0.8		)	38.8
Net earnings	$	49.6	$	(1.6	)	$	48.0	$	105.5	$	(1.6	)	$	103.9
Basic earnings per share	0.36		(0.01		)	0.35		0.76		(0.01		)	0.75
Diluted earnings per share	0.35		(0.01		)	0.34		0.75		(0.01		)	0.74
Comprehensive income	3.4		(1.6		)	1.8		22.4		(1.6		)	20.8