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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Jan. 31, 2022
Jan. 31, 2021
Net Sales $ 87,210 $ 74,500 $ 169,670 $ 150,597
Cost of Sales (71,624) (57,811) (140,266) (115,128)
Gross Profit 15,586 16,689 29,404 35,469
Selling, General and Administrative Expenses (13,668) (12,445) (27,041) (26,048)
Income from Operations 1,918 4,244 2,363 9,421
Other Income (Expense)        
Interest expense (313) (164) (490) (356)
Interest income 8 15 17 40
Other, net 757 1,062 1,190 807
Total Other Income, Net 452 913 717 491
Income Before Income Taxes 2,370 5,157 3,080 9,912
Income Tax Expense (409) (869) (524) (1,675)
Net Income 1,961 4,288 2,556 8,237
Net Loss Attributable to Noncontrolling Interest (41) (11) (31) (46)
Net Income Attributable to Oil-Dri $ 2,002 $ 4,299 $ 2,587 $ 8,283
Common Stock        
Net Income Per Share        
Basic Common (in dollars per share) $ 0.29 $ 0.62 $ 0.38 $ 1.20
Diluted Common (in dollars per share) $ 0.28 $ 0.61 $ 0.37 $ 1.17
Average Shares Outstanding        
Basic Common (in shares) 5,077 5,150 5,095 5,149
Diluted Common (in shares) 5,186 5,253 5,211 5,265
Dividends Declared Per Share (in dollars per share) $ 0.2700 $ 0.2600 $ 0.5400 $ 0.5200
Common Class B        
Net Income Per Share        
Basic Common (in dollars per share) 0.22 0.47 0.28 0.89
Diluted Common (in dollars per share) $ 0.22 $ 0.46 $ 0.28 $ 0.88
Average Shares Outstanding        
Basic Common (in shares) 1,939 1,934 1,930 1,930
Diluted Common (in shares) 1,965 1,967 1,966 1,972
Dividends Declared Per Share (in dollars per share) $ 0.2025 $ 0.1950 $ 0.4050 $ 0.3900