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Condensed Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jan. 31, 2014
Jan. 31, 2013
Jan. 31, 2014
Jan. 31, 2013
Net sales $ 635,330 $ 636,605 $ 1,435,293 $ 1,398,029
Cost of products sold 565,003 569,087 1,259,783 1,238,208
Gross profit 70,327 67,518 175,510 159,821
Selling, general and administrative expenses 43,766 41,634 92,107 88,336
Amortization of intangible assets 3,226 2,623 6,064 5,257
Impairment charges     710  
Interest income 391 733 901 1,509
Interest expense 2 2 7 5
Other income, net 178 466 820 894
Income from continuing operations before income taxes 23,902 24,458 78,343 68,626
Income taxes 6,684 5,439 24,731 20,858
Net income from continuing operations 17,218 19,019 53,612 47,768
Income (loss) from discontinued operations, net of income taxes (1,026) 877 3,688 3,116
Net Income 16,192 19,896 57,300 50,884
Weighted average common shares outstanding:        
Basic 53,289,626 53,002,106 53,247,315 52,965,286
Diluted 53,353,027 53,116,389 53,326,251 53,075,985
Earnings per common share from continuing operations:        
Basic $ 0.32 $ 0.36 $ 1.01 $ 0.90
Diluted $ 0.32 $ 0.36 $ 1.01 $ 0.90
Earnings (loss) per common share from discontinued operations:        
Basic $ (0.02) $ 0.02 $ 0.07 $ 0.06
Diluted $ (0.02) $ 0.01 $ 0.06 $ 0.06
Earnings per common share:        
Basic $ 0.30 $ 0.38 $ 1.08 $ 0.96
Diluted $ 0.30 $ 0.37 $ 1.07 $ 0.96
Net income 16,192 19,896 57,300 50,884
Unrealized appreciation on investments, net of tax   16 22 17
Comprehensive income $ 16,192 $ 19,912 $ 57,322 $ 50,901
Regular Dividend
       
Earnings per common share:        
Dividends paid per common share $ 0.23 $ 0.18 $ 0.46 $ 0.36
Special Dividend
       
Earnings per common share:        
Dividends paid per common share $ 1.00 $ 1.50 $ 1.00 $ 1.50