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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Jul. 31, 2014
Jul. 31, 2013
Jul. 31, 2012
Net revenue:      
Product $ 509,527 $ 526,725 $ 494,675
Engineering 8,021 23,638 21,896
Total net revenue 517,548 550,363 516,571
Cost of sales:      
Product 290,951 313,458 302,288
Engineering 6,894 20,226 21,099
Total cost of sales 297,845 333,684 323,387
Gross profit 219,703 216,679 193,184
Operating expenses:      
Research and product development 73,828 63,990 57,230
Selling and marketing 59,157 51,268 44,238
General and administrative 54,147 52,527 51,753
Restructuring 3,483 3,519  
Total operating expenses 190,615 171,304 153,221
Income from operations 29,088 45,375 39,963
Other (expense) income:      
Interest income, net 253 371 532
(Loss) Gain on investments (484)   2,500
Other, net 181 (1,649) 1,204
Total other (expense) income, net (50) (1,278) 4,236
Income before income taxes 29,038 44,097 44,199
(Benefit from) provision for income taxes (5,442) 12,976 1,128
Net income $ 34,480 $ 31,121 $ 43,071
Net income per common share:      
Basic $ 2.78 $ 2.54 $ 3.51
Diluted $ 2.72 $ 2.48 $ 3.42
Weighted average shares outstanding:      
Basic 12,404 12,247 12,265
Diluted 12,667 12,569 12,576
Dividends declared and paid per share: $ 0.40 $ 0.40 $ 0.40