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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2020
Jul. 31, 2019
Current Assets    
Cash and cash equivalents $ 20,548 $ 21,862
Accounts receivable, less allowance of $1,324 and $644 at April 30, 2020 and July 31, 2019, respectively 41,846 35,459
Inventories 24,096 24,163
Prepaid repairs expense 5,163 4,708
Prepaid repairs expense 2,460 3,084
Total Current Assets 94,113 89,276
Property, Plant and Equipment    
Cost 257,123 249,834
Less accumulated depreciation and amortization (166,990) (159,036)
Total Property, Plant and Equipment, Net 90,133 90,798
Other Assets    
Goodwill 9,262 9,262
Other intangibles, net of accumulated amortization of $415 and $299 at April 30, 2020 and July 31, 2019, respectively 1,551 1,599
Customer list, net of accumulated amortization of $6,739 and $6,297 at April 30, 2020 and July 31, 2019, respectively 1,046 1,488
Deferred Income Tax Assets, Net 6,397 7,755
Operating lease right-of-use assets 8,327 0
Other 5,152 5,049
Total Other Assets 31,735 25,153
Total Assets 215,981 205,227
Current Liabilities    
Current maturities of notes payable, net of unamortized debt issuance costs of $10 at April 30, 2020 3,074 3,083
Accounts Payable, Current 10,524 8,092
Dividends payable 1,735 1,761
Operating lease liabilities 1,561 0
Accrued expenses:    
Salaries, wages and commissions 10,559 6,740
Trade promotions and advertising 1,853 1,588
Freight 2,216 2,635
Other 9,425 8,707
Total Current Liabilities 40,947 32,606
Noncurrent Liabilities    
Notes payable, net of unamortized debt issuance costs of $31 at July 31, 2019 0 3,052
Deferred compensation 4,847 6,014
Pension and postretirement benefits 12,565 23,721
Long-term operating lease liabilities 8,285 0
Other 2,682 4,288
Total Noncurrent Liabilities 28,379 37,075
Total Liabilities 69,326 69,681
Stockholders’ Equity    
Additional paid-in capital 44,149 41,300
Retained earnings 172,504 164,756
Noncontrolling interest (169) (14)
Accumulated Other Comprehensive Loss:    
Pension and postretirement benefits (9,217) (14,891)
Cumulative translation adjustment (378) (148)
Total Accumulated Other Comprehensive Loss (9,595) (15,039)
Less Treasury Stock, at cost (3,063,813 Common and 335,816 Class B shares at April 30, 2020 and 2,926,547 Common and 324,741 Class B shares at July 31, 2019) (61,322) (56,543)
Total Stockholders' Equity 146,655 135,546
Total Liabilities & Stockholders’ Equity 215,981 205,227
Common Stock    
Stockholders’ Equity    
Common Stock, Value, Issued 837 828
Common Class B    
Stockholders’ Equity    
Common Stock, Value, Issued $ 251 $ 258