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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Jul. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 33,481 $ 34,480 $ 31,121
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for (benefit from) deferred income taxes 4,404 (5,412) 1,006
Depreciation and amortization 23,307 22,057 17,275
Share-based compensation expense 10,938 11,512 11,601
Amortization of demo equipment 5,037 3,918 4,726
Excess tax benefit from share-based compensation (1,134) (3,982) (2,053)
Change in fair value of contingent consideration (62) 125 (25)
Provision for doubtful accounts, net of recovery 420 203 345
Loss on sale of other investments   484  
(Gain) loss on sale of property, plant and equipment (115) 17 (58)
Other     1,188
Net changes in operating assets and liabilities, exclusive of acquisition-related assets and liabilities:      
Accounts receivable (16,050) 6,633 (10,523)
Inventory (14,714) (12,347) (2,127)
Other current assets (387) 2,525 (123)
Accounts payable (7,281) 3,222 (11,991)
Accrued liabilities 4,755 (9,100) (305)
Deferred revenue (5,433) 1,533 (2,885)
Customer deposits 965 (213) 440
Accrued income taxes (1,895) (8,769) 896
Other liabilities 2,474 1,045 2,935
NET CASH PROVIDED BY OPERATING ACTIVITIES 38,710 47,931 41,443
CASH FLOWS FROM INVESTING ACTIVITIES:      
Additions to property, plant, and equipment (9,954) (17,517) (25,551)
Acquisition of businesses, net of cash acquired (1,600) (10,561) (79,273)
Purchases of marketable securities in Rabbi Trust under the Non-qualified Deferred Compensation Plan   (715)  
Proceeds from the sale of property, plant, and equipment 559 260 146
NET CASH USED IN INVESTING ACTIVITIES (10,995) (28,533) (104,678)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repayment of other credit facilities     (3,014)
Borrowing of other credit facilities     2,230
Contingent consideration payment     (340)
Issuance of stock pursuant to exercise of stock options, employee stock purchase plan, restricted stock plans, and non-employee director stock plan 7,893 5,379 4,684
Repurchase of common stock (13,872) (14,959) (7,945)
Shares repurchased for taxes for vested employee restricted stock grants (2,832) (7,680) (4,661)
Excess tax benefit from share-based compensation 1,134 3,982 2,053
Dividends paid to shareholders (5,111) (4,962) (5,114)
NET CASH USED IN FINANCING ACTIVITIES (12,788) (18,240) (12,107)
EFFECT OF EXCHANGE RATE CHANGES ON CASH (5,667) 349 1,364
NET INCREASE IN CASH AND CASH EQUIVALENTS 9,260 1,507 (73,978)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 114,540 113,033 187,011
CASH AND CASH EQUIVALENTS, END OF PERIOD 123,800 114,540 113,033
Supplemental disclosures of cash flow information:      
Income taxes paid, net of refunds 4,996 8,024 11,339
Fixed asset additions in accounts payable and accrued liabilities $ 596 $ 705 $ 1,620