XML 55 R30.htm IDEA: XBRL DOCUMENT v3.25.2
ACQUISITIONS (Tables)
 12 Months Ended
Jul. 31, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Asset Acquisition The following table summarizes the final consideration paid and fair value of the assets acquired, and liabilities assumed at the acquisition date.
Consideration(in thousands)
Cash, net of cash acquired and restricted cash
$44,413 
Identifiable assets acquired and liabilities assumed
Accounts receivable4,246 
Inventories6,751 
Prepaid expenses and other assets
877 
Property, plant and equipment270 
Trade name5,200 
Customer list20,400 
Operating lease right-of-use assets1,463 
Trade and other liabilities(1,663)
Operating lease right-of-use liabilities(1,472)
Deferred tax liabilities (4,058)
Total identifiable net assets32,014 
Goodwill12,399 
Total$44,413 
Business Acquisition, Pro Forma Information The following unaudited pro forma summary presents consolidated information of Oil-Dri as if the business combination had occurred on August 1, 2022.
(unaudited- in thousands)
Pro forma year ended July 31,
20242023
Net Sales$455,139$435,093
Pre-Tax Net Income $52,999$35,489
Business Acquisition, Pro Forma Information, Nonrecurring Adjustments
These pro forma amounts above have been calculated after applying Oil-Dri’s accounting policies and adjusting the results of Ultra Pet, including the following adjustments:

(unaudited- in thousands)
Pro forma year ended July 31,
20242023
Acquisition related expenses (a)$1,172$—
Interest expense (b)$(1,158)$(1,323)
Customer list amortization (c)$(850)$(1,133)
Inventory step up adjustment (d)$449$(783)