XML 68 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands
3 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Cash flows from operating activities:  
Net income$ 22,358$ 23,688
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation3,5143,340
Amortization of intangibles2,8472,075
Impairment of trademarks 2,036
Deferred income tax provision4443,000
(Gain)/loss on disposition of property, plant and equipment2(26)
Stock-based compensation161845
Excess tax benefits from stock-based awards (446)
Gain on involuntary conversion of assets (2,117)
Changes in assets and liabilities (excluding acquisition):  
Accounts receivable4,24543,818
Inventories1,373(14,050)
Notes receivable26 
Prepaid expenses and other(3,251)(476)
Accounts payable(2,437)(27,512)
Accrued liabilities(7,870)(25,523)
Other liabilities9291,042
Net cash provided by operating activities22,3419,694
Cash flows from investing activities:  
Purchases of property, plant and equipment(2,041)(16,642)
Proceeds from dispositions of property, plant and equipment 648
Proceeds from disposition of investments 2,150
Insurance proceeds from involuntary conversion of assets 2,496
Acquisition of operating subsidiary(170)(99,562)
Other200 
Net cash used in investing activities(2,011)(110,910)
Cash flows from financing activities:  
Cash dividends(8,227)(5,578)
Purchase of treasury stock(20,000) 
Excess tax benefits from stock-based awards 446
Proceeds from issuance of common stock 344
Net cash used in financing activities(28,227)(4,788)
Net decrease in cash and equivalents(7,897)(106,004)
Cash and cash equivalents, beginning of period215,435247,751
Cash and cash equivalents, end of period207,538141,747
Supplemental cash flow information:  
Income taxes paid23,21728,315
Interest paid14370
Non-cash transactions:  
Capital expenditures in accounts payable144321
Common stock issued in business acquisition $ 90,531