XML 14 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data
3 Months Ended 9 Months Ended
Apr. 30, 2011
Apr. 30, 2010
Apr. 30, 2011
Apr. 30, 2010
Condensed Consolidated Statements of Operations [Abstract]        
Net sales $ 852,059 $ 680,192 $ 1,984,970 $ 1,612,769
Cost of products sold 743,575 587,693 1,752,265 1,400,503
Gross profit 108,484 92,499 232,705 212,266
Selling, general and administrative expenses 50,386 42,824 136,019 108,678
Impairment of trademarks 1,430 500 3,466 500
Amortization of intangibles 2,734 152 7,298 320
Gain on involuntary conversion 1,818 2,283 8,651 2,283
Interest income 949 1,360 2,950 4,242
Interest expense 45 110 152 320
Other income (expense) 662 (351) 1,114 (262)
Income before income taxes 57,318 52,205 98,485 108,711
Income taxes 17,310 18,094 29,101 39,247
Net income $ 40,008 $ 34,111 $ 69,384 $ 69,464
Average common shares outstanding:        
Basic 55,829,122 51,461,181 55,079,700 53,521,242
Diluted 55,941,389 51,585,450 55,185,181 53,621,854
Earnings per common share:        
Basic $ 0.72 $ 0.66 $ 1.26 $ 1.30
Diluted $ 0.72 $ 0.66 $ 1.26 $ 1.30
Regular dividends declared and paid per common share: $ 0.10 $ 0.07 $ 0.30 $ 0.21
Special dividends declared and paid per common share:       $ 0.50