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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Apr. 30, 2012
Jul. 31, 2011
Current Assets    
Cash and cash equivalents $ 25,649 $ 17,885
Investment in short-term securities 9,043 15,837
Accounts receivable, less allowance of $638 and $607 at April 30, 2012 and July 31, 2011, respectively 30,495 29,217
Inventories 19,389 19,230
Deferred income taxes 1,193 1,193
Prepaid repairs expense 3,952 3,782
Prepaid expenses and other assets 2,443 4,672
Total Current Assets 92,164 91,816
Property, Plant and Equipment    
Cost 178,218 189,279
Less accumulated depreciation and amortization (111,840) (121,251)
Total Property, Plant and Equipment, Net 66,378 68,028
Other Assets    
Goodwill 5,162 5,162
Trademarks and patents, net of accumulated amortization of $401 and $381 at April 30, 2012 and July 31, 2011, respectively 569 589
Debt issuance costs, net of accumulated amortization of $392 and $333 at April 30, 2012 and July 31 2011, respectively 404 463
Licensing agreements and non-compete agreements, net of accumulated amortization of $1,548 and $1,361 at April 30, 2012 and July 31, 2011, respectively 690 878
Deferred income taxes 1,948 2,107
Other 4,623 4,350
Total Other Assets 13,396 13,549
Total Assets 171,938 173,393
Current Liabilities    
Current maturities of notes payable 3,800 3,600
Accounts payable 6,576 6,369
Dividends payable 1,134 1,129
Accrued expenses:    
Salaries, wages and commissions 5,363 4,143
Trade promotions and advertising 3,870 2,270
Freight 1,693 2,135
Other 4,777 6,834
Total Current Liabilities 27,213 26,480
Noncurrent Liabilities    
Notes payable 25,900 29,700
Deferred compensation 7,444 7,196
Pension and postretirement benefits 13,419 13,235
Other 1,543 1,484
Total Noncurrent Liabilities 48,306 51,615
Total Liabilities 75,519 78,095
Stockholders’ Equity    
Additional paid-in capital 29,570 29,213
Restricted unearned stock compensation (2,422) (2,446)
Retained Earnings 124,119 121,388
Accumulated Other Comprehensive Income:    
Unrealized gain on marketable securities 78 71
Pension and postretirement benefits (5,140) (5,315)
Cumulative translation adjustment 641 799
Less Treasury Stock, at cost (2,730,947 Common and 324,741 Class B shares at April 30, 2012 and 2,642,387 Common and 324,741 Class B shares at July 31, 2011) (51,442) (49,424)
Total Stockholders’ Equity 96,419 95,298
Total Liabilities & Stockholders’ Equity 171,938 173,393
Common Stock
   
Stockholders’ Equity    
Common Stock, par value $.10 per share 777 775
Common Class B
   
Stockholders’ Equity    
Common Stock, par value $.10 per share $ 238 $ 237