Acquisitions and Divestitures Purchase price allocation (Tables)

12 Months Ended

Jul. 31, 2013

Precision Dynamics Corporation [Member]

Jul. 31, 2014

Grafo, Runelandhs and Pervaco Acquisitions [Member]

Jul. 31, 2014

Id Warehouse [Member]

Business Acquisition [Line Items]

Schedule of Purchase Price Allocation

The table below details a preliminary allocation of the PDC purchase price:

Fair values:		July 31, 2013
	Cash and cash equivalents	$	12,904
	Accounts receivable — net	21,178
	Total inventories	16,788
	Prepaid expenses and other current assets	3,915
	Goodwill	170,180
	Other intangible assets	109,300
	Other assets	483
	Property, plant and equipment	18,015
	Accounts payable	(9,921		)
	Wages and amounts withheld from employees	(4,234		)
	Taxes, other than income taxes	(600		)
	Accrued income taxes	(57		)
	Other current liabilities	(5,045		)
	Other long-term liabilities	(18,845		)
		314,061
	Less: cash acquired	(12,904		)
Fair value of total consideration		$	301,157

The following table summarizes the combined estimated fair values of the assets acquired and liabilities assumed at the date of the acquisition:

Current assets net of cash	$	5,082
Property, plant & equipment	2,743
Goodwill	22,844
Customer relationships	8,903
Tradenames	6,878
Non-compete agreements	186
Total assets acquired net of cash	$	46,636
Liabilities assumed	7,555
Debt assumed	1,432
Net assets acquired	$	37,649

The following table summarizes the combined estimated fair values of the assets acquired and liabilities assumed at the date of the acquisition:

Current assets net of cash	$	1,876
Property, plant & equipment	415
Goodwill	4,792
Customer relationships	1,846
Non-compete agreements	487
Total assets acquired net of cash	$	9,416
Liabilities assumed	1,446
Net assets acquired	$	7,970

Pro Forma Information

	2013			2012
Net sales, as reported	$	1,152,109		$	1,068,688
Net sales, pro forma	1,220,534			1,238,554
(Loss) earnings from continuing operations, as reported	(140,816		)	102,471
(Loss) earnings from continuing operations, pro forma	(136,517		)	102,993
Basic (loss) earnings from continuing operations per Class A Common Share, as reported	(2.75		)	1.95
Basic (loss) earnings from continuing operations per Class A Common Share, pro forma	(2.66		)	1.96
Diluted (loss) earnings from continuing operations per Class A Common Share, as reported	(2.75		)	1.94
Diluted (loss) earnings from continuing operations per Class A Common Share, pro forma	(2.66		)	1.95