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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Jan. 31, 2023
Jan. 31, 2022
Net Sales $ 101,669 $ 87,210 $ 200,208 $ 169,670
Cost of Sales (78,653) (71,624) (154,882) (140,266)
Gross Profit 23,016 15,586 45,326 29,404
Selling, General and Administrative Expenses (15,710) (13,668) (31,451) (27,041)
Income from Operations 7,306 1,918 13,875 2,363
Other (Expense) Income        
Interest expense (367) (313) (731) (490)
Interest income 59 8 115 17
Other, net (1,959) 757 (1,783) 1,190
Total Other (Expense) Income, Net (2,267) 452 (2,399) 717
Income Before Income Taxes 5,039 2,370 11,476 3,080
Income Tax Expense (1,193) (409) (2,400) (524)
Net Income 3,846 1,961 9,076 2,556
Net Loss Attributable to Noncontrolling Interest (10) (41) (21) (31)
Net Income Attributable to Oil-Dri $ 3,856 $ 2,002 $ 9,097 $ 2,587
Common Stock        
Net Income Per Share        
Basic Common (in dollars per share) $ 0.58 $ 0.29 $ 1.37 $ 0.38
Diluted Common (in dollars per share) $ 0.56 $ 0.28 $ 1.34 $ 0.37
Average Shares Outstanding        
Basic Common (in shares) 4,829 5,077 4,817 5,095
Diluted Common (in shares) 4,965 5,186 4,937 5,211
Dividends Declared Per Share (in dollars per share) $ 0.2800 $ 0.2700 $ 0.5600 $ 0.5400
Common Stock | Restricted Stock Units (RSUs)        
Average Shares Outstanding        
Antidilutive Securities Excluded from Computation of Earnings Per Share (in shares) 1   7  
Common Class B        
Net Income Per Share        
Basic Common (in dollars per share) $ 0.44 0.22 $ 1.03 0.28
Diluted Common (in dollars per share) $ 0.43 $ 0.22 $ 1.02 $ 0.28
Average Shares Outstanding        
Basic Common (in shares) 1,964 1,939 1,953 1,930
Diluted Common (in shares) 1,985 1,965 1,975 1,966
Dividends Declared Per Share (in dollars per share) $ 0.2100 $ 0.2025 $ 0.4200 $ 0.4050