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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Cash flows from operating activities:    
Net income $ 8,536 $ 208,158
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 21,463 18,619
Amortization of intangibles 25,117 27,354
Amortization of debt issuance costs 785 785
Foreign currency forward contract loss 73,707  
Deferred income tax provision (benefit) (84) 23,312
Gain on disposition of property, plant and equipment (29) (1,482)
Stock-based compensation expense 9,486 8,731
Changes in assets and liabilities:    
Accounts receivable 142,453 (138,930)
Inventories (23,933) (129,875)
Prepaid income taxes, expenses and other (31,693) (7,140)
Accounts payable (62,208) 27,235
Accrued liabilities (30,213) 11,283
Long-term liabilities and other 1,243 8,795
Net cash provided by operating activities 134,630 56,845
Cash flows from investing activities:    
Purchases of property, plant and equipment (54,802) (63,003)
Proceeds from dispositions of property, plant and equipment 66 3,552
Equity investment in joint venture (3,500)  
Other   960
Net cash used in investing activities (58,236) (58,491)
Cash flows from financing activities:    
Principal payments on revolving credit facility   (65,000)
Regular cash dividends paid (41,189) (38,994)
Principal payments on capital lease obligations (203) (186)
Payments related to vesting of stock-based awards (4,418) (7,657)
Net cash used in financing activities (45,810) (111,837)
Net increase (decrease) in cash and cash equivalents 30,584 (113,483)
Cash and cash equivalents, beginning of period 275,249 223,258
Cash and cash equivalents, end of period 305,833 109,775
Supplemental cash flow information:    
Income taxes paid 57,728 137,169
Interest paid 1,055 2,114
Non-cash investing and financing transactions:    
Capital expenditures in accounts payable $ 490 $ 4,929