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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Apr. 30, 2011
Apr. 30, 2010
Cash flows from operating activities:    
Net income $ 69,384 $ 69,464
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation 10,285 9,452
Amortization of intangibles 7,298 320
Trademark impairment 3,466 500
Deferred income tax provision (benefit) 355 (4,515)
Loss on disposition of property, plant and equipment 71 225
Stock-based compensation expenses 2,554 610
Excess tax benefits from stock-based awards (516)  
Non-cash gain on involuntary conversion of assets (2,190) (1,575)
Loss on divestiture of operating subsidiary   323
Changes in assets and liabilities (excluding acquisitions):    
Accounts receivable (80,751) (91,053)
Notes receivable 1,398 (1,433)
Inventories (56,940) (57,689)
Prepaid expenses and other (1,635) 3,881
Accounts payable (3,097) 29,773
Accrued liabilities (4,870) 41,337
Other liabilities 5,401 (806)
Net cash used in operating activities (49,787) (1,186)
Cash flows from investing activities:    
Purchases of property, plant and equipment (28,825) (8,210)
Proceeds from dispositions of property, plant and equipment 682 4,958
Proceeds from dispositions of investments 2,600 44,200
Insurance proceeds from involuntary conversion of assets 2,569 2,908
Issuance of note receivable   (10,000)
Transfer of cash to restricted account (1,000)  
Acquisition of operating subsidiaries (99,562) (19,756)
Net cash provided by (used in) investing activities (123,536) 14,100
Cash flows from financing activities:    
Cash dividends (16,744) (38,806)
Excess tax benefits from stock-based awards 516  
Proceeds from issuance of common stock 1,047 16
Purchase of treasury stock   (115,420)
Net cash used in financing activities (15,181) (154,210)
Effect of exchange rate changes on cash   250
Net decrease in cash and equivalents (188,504) (141,046)
Cash and cash equivalents, beginning of period 247,751 221,684
Cash and cash equivalents, end of period 59,247 80,638
Supplemental cash flow information:    
Income taxes paid 46,758 32,861
Interest paid 152 320
Non-cash transactions:    
Capital expenditures in accounts payable 438 1
Common stock issued in business acquisition $ 90,531