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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2019
Jul. 31, 2018
Current Assets    
Cash and cash equivalents $ 16,224 $ 12,757
Short-term investments 730 7,124
Accounts receivable, less allowance of $676 and $817 at April 30, 2019 and July 31, 2018, respectively 35,906 33,602
Inventories 26,738 22,521
Prepaid repairs expense 4,110 4,111
Prepaid expenses and other assets 3,100 2,899
Total Current Assets 86,808 83,014
Property, Plant and Equipment    
Cost 244,378 236,091
Less accumulated depreciation and amortization (157,292) (149,385)
Total Property, Plant and Equipment, Net 87,086 86,706
Other Assets    
Goodwill 9,262 9,262
Trademarks and patents, net of accumulated amortization of $291 and $267 at April 30, 2019 and July 31, 2018, respectively 1,356 1,220
Customer list, net of accumulated amortization of $6,107 and $5,540 at April 30, 2019 and July 31, 2018, respectively 1,678 2,245
Deferred income taxes 7,013 7,349
Other 5,275 4,886
Total Other Assets 24,584 24,962
Total Assets 198,478 194,682
Current Liabilities    
Current maturities of notes payable 3,083 3,083
Accounts payable 8,608 6,543
Dividends payable 1,689 1,627
Accrued expenses:    
Salaries, wages and commissions 6,487 8,974
Trade promotions and advertising 864 1,280
Freight 3,831 1,767
Other 6,939 7,675
Total Current Liabilities 31,501 30,949
Noncurrent Liabilities    
Notes payable, net of unamortized debt issuance costs of $39 and $60 at April 30, 2019 and July 31, 2018, respectively 3,045 6,107
Deferred compensation 5,679 6,100
Pension and postretirement benefits 16,756 15,906
Other 3,982 3,735
Total Noncurrent Liabilities 29,462 31,848
Total Liabilities 60,963 62,797
Stockholders’ Equity    
Additional paid-in capital 40,487 38,473
Retained earnings 162,718 158,935
Stockholders' Equity Attributable to Noncontrolling Interest (53) (18)
Accumulated other comprehensive loss:    
Pension and postretirement benefits (9,947) (10,384)
Cumulative translation adjustment (238) (231)
Total accumulated other comprehensive loss (10,185) (10,615)
Less Treasury Stock, at cost (2,926,374 Common and 324,741 Class B shares at April 30, 2019 and 2,914,092 Common and 324,741 Class B shares at July 31, 2018) (56,537) (55,946)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 137,515 131,885
Total Liabilities & Stockholders’ Equity 198,478 194,682
Common Stock    
Stockholders’ Equity    
Common Stock, Value, Issued 828 809
Common Class B    
Stockholders’ Equity    
Common Stock, Value, Issued $ 257 $ 247