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Condensed Consolidated Statements of Income and Retained Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Apr. 30, 2019
Apr. 30, 2018
Apr. 30, 2019
Apr. 30, 2018
Net Sales $ 70,885 $ 64,847 $ 206,908 $ 200,387
Cost of Sales (54,051) (47,187) (158,660) (144,095)
Gross Profit 16,834 17,660 48,248 56,292
Selling, General and Administrative Expenses (14,507) (14,366) (42,091) (43,600)
Income from Operations 2,327 3,294 6,157 12,692
Other Income (Expense)        
Interest expense (141) (149) (434) (549)
Interest income 53 80 149 199
Other, net 4,465 70 4,504 (137)
Total Other Income (Expense), Net 4,377 1 4,219 (487)
Income Before Income Taxes 6,704 3,295 10,376 12,205
Income Tax Expense (Benefit) (1,143) 290 (1,599) (6,666)
Net Income 5,561 3,585 8,777 5,539
Net Loss Attributable to Noncontrolling Interest (58) 0 (35) 0
Net Income Attributable to Oil-Dri 5,619 3,585 8,812 5,539
Retained Earnings:        
Balance at beginning of period     158,935 154,735
Cash dividends declared     (5,029) (4,676)
Tax Cuts And Jobs Act Reclassification From AOCI To RetainedEarnings     0 2,264
Balance at End of Period $ 162,718 $ 157,862 $ 162,718 $ 157,862
Net Income Per Share        
Diluted Common (in dollars per share) $ 0.74 $ 0.48 $ 1.17 $ 0.75
Average Shares Outstanding        
Diluted Common (in shares) 7,253 7,222 7,245 7,217
Common Stock        
Net Income Per Share        
Basic Common (in dollars per share) $ 0.81 $ 0.53 $ 1.27 $ 0.82
Average Shares Outstanding        
Basic Common (in shares) 5,126 5,037 5,108 5,032
Dividends Declared Per Share (in dollars per share) $ 0.2400 $ 0.2300 $ 0.7200 $ 0.6900
Common Class B        
Net Income Per Share        
Basic Common (in dollars per share) $ 0.61 $ 0.40 $ 0.95 $ 0.62
Average Shares Outstanding        
Basic Common (in shares) 2,068 2,102 2,068 2,099
Dividends Declared Per Share (in dollars per share) $ 0.1800 $ 0.1725 $ 0.5400 $ 0.5175