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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2019
Jul. 31, 2018
Current Assets    
Cash and cash equivalents $ 9,375 $ 12,757
Short-term investments 480 7,124
Accounts receivable, less allowance of $690 and $817 at January 31, 2019 and July 31, 2018, respectively 38,282 33,602
Inventories 28,123 22,521
Prepaid repairs expense 4,116 4,111
Prepaid expenses and other assets 1,924 2,899
Total Current Assets 82,300 83,014
Property, Plant and Equipment    
Cost 241,425 236,091
Less accumulated depreciation and amortization (155,232) (149,385)
Total Property, Plant and Equipment, Net 86,193 86,706
Other Assets    
Goodwill 9,262 9,262
Trademarks and patents, net of accumulated amortization of $283 and $267 at January 31, 2019 and July 31, 2018, respectively 1,298 1,220
Customer list, net of accumulated amortization of $5,918 and $5,540 at January 31, 2019 and July 31, 2018, respectively 1,867 2,245
Deferred income taxes 7,013 7,349
Other 5,204 4,886
Total Other Assets 24,644 24,962
Total Assets 193,137 194,682
Current Liabilities    
Current maturities of notes payable 3,083 3,083
Accounts payable 7,882 6,543
Dividends payable 1,680 1,627
Accrued expenses:    
Salaries, wages and commissions 4,518 8,974
Trade promotions and advertising 1,132 1,280
Freight 5,302 1,767
Other 7,492 7,675
Total Current Liabilities 31,089 30,949
Noncurrent Liabilities    
Notes payable, net of unamortized debt issuance costs of $46 and $60 at January 31, 2019 and July 31, 2018, respectively 3,038 6,107
Deferred compensation 5,664 6,100
Pension and postretirement benefits 16,474 15,906
Other 4,108 3,735
Total Noncurrent Liabilities 29,284 31,848
Total Liabilities 60,373 62,797
Stockholders’ Equity    
Additional paid-in capital 39,730 38,473
Retained earnings 158,788 158,935
Stockholders' Equity Attributable to Noncontrolling Interest 5 (18)
Accumulated other comprehensive loss:    
Pension and postretirement benefits (10,093) (10,384)
Cumulative translation adjustment (267) (231)
Total accumulated other comprehensive loss (10,360) (10,615)
Less Treasury Stock, at cost (2,924,987 Common and 324,741 Class B shares at January 31, 2019 and 2,914,092 Common and 324,741 Class B shares at July 31, 2018) (56,480) (55,946)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 132,764 131,885
Total Liabilities & Stockholders’ Equity 193,137 194,682
Common Stock    
Stockholders’ Equity    
Common Stock, Value, Issued 823 809
Common Class B    
Stockholders’ Equity    
Common Stock, Value, Issued $ 258 $ 247