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CONSOLIDATED STATEMENTS OF EARNINGS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Jul. 31, 2013
Jul. 31, 2012
Jul. 31, 2011
Net sales $ 1,152,109 $ 1,068,688 $ 1,059,355
Cost of products sold 546,029 479,118 471,405
Gross margin 606,080 589,570 587,950
Operating expenses:      
Research and development 33,552 34,528 38,268
Selling, general and administrative 427,661 392,526 397,472
Restructuring charges 26,046 6,084 6,451
Impairment charges 204,448 0 0
Total operating expenses 691,707 433,138 442,191
Operating (loss) income (85,627) [1] 156,432 [1] 145,759
Other income and (expense):      
Investment and other income 3,522 2,082 3,989
Interest expense (16,641) (19,090) (22,124)
(Loss) earnings from continuing operations before income taxes (98,746) 139,424 127,624
Income taxes 42,070 36,953 21,667
(Loss) earnings from continuing operations (140,816) 102,471 105,957
(Loss) earnings from discontinued operations, net of income taxes (13,719) (120,382) 2,695
Net (loss) earnings (154,535) (17,911) 108,652
Earnings per share:      
Dividends $ 0.76    
Weighted average common shares outstanding (in thousands):      
Basic (in shares) 51,330 52,453 52,639
Diluted (in shares) 51,330 52,821 53,133
Class A nonvoting common stock [Member]
     
Other income and (expense):      
(Loss) earnings from continuing operations (141,054) 102,242 105,734
Earnings per share:      
Income (Loss) from Continuing Operations, Per Basic Share $ (2.75) [2] $ 1.95 $ 2.01
Income (Loss) from Continuing Operations, Per Diluted Share $ (2.75) [2] $ 1.94 [2] $ 1.99
Income (Loss) from Discontinued Operations, Net of Tax, Per Basic Share $ (0.27) $ (2.30) $ 0.05
Income (Loss) from Discontinued Operations, Net of Tax, Per Diluted Share $ (0.27) $ (2.29) $ 0.05
Earnings Per Share, Basic $ (3.02) $ (0.35) $ 2.06
Earnings Per Share, Diluted $ (3.02) $ (0.35) $ 2.04
Dividends $ 0.76 $ 0.74 $ 0.72
Class B voting common stock [Member]
     
Other income and (expense):      
(Loss) earnings from continuing operations $ (141,856) $ 101,419 $ 104,908
Earnings per share:      
Income (Loss) from Continuing Operations, Per Basic Share $ (2.76) $ 1.93 $ 1.99
Income (Loss) from Continuing Operations, Per Diluted Share $ (2.76) $ 1.92 $ 1.97
Income (Loss) from Discontinued Operations, Net of Tax, Per Basic Share $ (0.27) $ (2.29) $ 0.05
Income (Loss) from Discontinued Operations, Net of Tax, Per Diluted Share $ (0.27) $ (2.28) $ 0.05
Earnings Per Share, Basic $ (3.03) $ (0.36) $ 2.04
Earnings Per Share, Diluted $ (3.03) $ (0.36) $ 2.03
Dividends $ 0.74 $ 0.72 $ 0.70
[1] In fiscal 2013, the Company recorded before tax impairment charges of $204,448 in the fourth quarter ended July 31, 2013 and before tax restructuring charges of $1,933, $8,540 and $15,573 in the second, third and fourth quarters of fiscal 2013, respectively, for a total of $26,046. In fiscal 2012, the Company recorded before tax restructuring charges of $1,977 and $4,107 in the third and fourth quarters of fiscal 2012, respectively, for a total of $6,084.
[2] The sum of the quarters does not equal the year-to-date total for fiscal 2013 and fiscal 2012 due to the quarterly changes inweighted-average shares outstanding.