XML 46 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Operations and Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Oct. 31, 2012
Oct. 31, 2011
Net Sales $ 875,612 $ 673,000
Cost of products sold 775,020 598,022
Gross profit 100,592 74,978
Selling, general and administrative expenses 51,465 38,460
Amortization of intangible assets 2,768 2,847
Interest income 779 1,069
Interest expense 80 143
Other income, net 553 51
Income before income taxes 47,611 34,648
Income taxes 16,623 12,290
Net income 30,988 22,358
Weighted average common shares outstanding:    
Basic 52,928,467 54,992,184
Diluted 53,035,582 55,014,007
Earnings per common share:    
Basic $ 0.59 $ 0.41
Diluted $ 0.58 $ 0.41
Regular dividends declared and paid per common share $ 0.18 $ 0.15
Net income 30,988 22,358
Unrealized appreciation (depreciation) on investments, net of tax effects of $1 and $18 1 (31)
Comprehensive income $ 30,989 $ 22,327