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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Oct. 31, 2020
Oct. 31, 2019
Net Sales $ 76,097 $ 71,122
Cost of Sales (55,793) (51,187)
Gross Profit 20,304 19,935
Selling, General and Administrative Expenses (15,127) (15,814)
Income from Operations 5,177 4,121
Other (Expense) Income    
Interest expense (192) (103)
Interest income 25 98
Other, net (255) (39)
Total Other Expense, Net (422) (44)
Income Before Income Taxes 4,755 4,077
Income Tax Expense (806) (617)
Net Income 3,949 3,460
Net Loss Attributable to Noncontrolling Interest (35) (76)
Net Income Attributable to Oil-Dri $ 3,984 $ 3,536
Common Stock    
Net Income Per Share    
Basic Common (in dollars per share) $ 0.57 $ 0.51
Diluted Common (in dollars per share) $ 0.56 $ 0.50
Average Shares Outstanding    
Basic Common (in shares) 5,149 5,149
Diluted Common (in shares) 5,276 5,229
Dividends Declared Per Share (in dollars per share) $ 0.2600 $ 0.2500
Common Class B    
Net Income Per Share    
Basic Common (in dollars per share) 0.43 0.38
Diluted Common (in dollars per share) $ 0.42 $ 0.37
Average Shares Outstanding    
Basic Common (in shares) 1,926 2,050
Diluted Common (in shares) 1,978 2,077
Dividends Declared Per Share (in dollars per share) $ 0.1950 $ 0.1875