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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jul. 31, 2014
Jul. 31, 2013
Current Assets    
Cash and cash equivalents $ 16,230 $ 24,035
Restricted Cash 129 0
Short-term investments 2,640 18,459
Accounts receivable, less allowance of $707 and $641 in 2014 and 2013, respectively 30,997 31,148
Inventories 24,483 20,723
Deferred income taxes 1,570 3,986
Prepaid repairs expense 3,722 3,458
Prepaid expenses and other assets 3,745 1,563
Total Current Assets 83,516 103,372
Property, Plant and Equipment    
Buildings and leasehold improvements 28,557 28,475
Machinery and equipment 120,081 112,056
Office furniture and equipment 10,244 9,880
Vehicles 12,099 11,615
Gross depreciable assets 170,981 162,026
Less accumulated depreciation and amortization (124,199) (118,082)
Net depreciable assets 46,782 43,944
Construction in progress 11,759 5,845
Land and mineral rights 16,355 16,266
Total Property, Plant and Equipment, Net 74,896 66,055
Other Assets    
Goodwill 9,034 5,162
Trademarks and patents, net of accumulated amortization of $420 and $427 in 2014 and 2013, respectively 660 581
Debt issuance costs, net of accumulated amortization of $522 and $455 in 2014 and 2013, respectively 243 309
Licensing agreements and non-compete agreements, net of accumulated amortization of $1,145 and $1,861 in 2014 and 2013, respectively 155 378
Customer list, net of accumulated amortization of $764 in 2014 7,020 0
Deferred income taxes 4,448 2,164
Other 6,232 5,538
Total Other Assets 27,792 14,132
Total Assets 186,204 183,559
Current Liabilities    
Current maturities of notes payable 3,500 3,500
Accounts payable 7,352 6,483
Dividends payable 1,311 1,236
Accrued expenses    
Salaries, wages and commissions 4,448 9,087
Trade promotions and advertising 2,182 2,824
Freight 2,504 2,154
Other 8,203 6,163
Total Current Liabilities 29,500 31,447
Noncurrent Liabilities    
Notes payable 18,900 22,400
Deferred compensation 9,267 8,569
Pension and postretirement benefits 22,273 16,362
Other 1,956 1,843
Total Noncurrent Liabilities 52,396 49,174
Total Liabilities 81,896 80,621
Stockholders’ Equity    
Additional paid-in capital 33,130 31,317
Restricted unearned stock compensation (2,225) (1,824)
Retained earnings 136,039 132,750
Accumulated Other Comprehensive Income    
Unrealized gain on marketable securities 114 86
Pension and postretirement benefits (8,632) (5,608)
Cumulative translation adjustment 255 487
Total Accumulated Other Comprehensive Income (8,263) (5,035)
Less Treasury Stock, at cost (2,915,651 Common and 324,741 Class B shares in 2014 and 2,914,567 Common and 324,741 Class B shares in 2013) (55,404) (55,296)
Total Stockholders’ Equity 104,308 102,938
Total Liabilities and Stockholders’ Equity 186,204 183,559
Common Stock
   
Stockholders’ Equity    
Common Stock, par value $.10 792 787
Common Class B
   
Stockholders’ Equity    
Common Stock, par value $.10 $ 239 $ 239