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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jul. 31, 2013
Jul. 31, 2012
Jul. 31, 2011
Operating activities:      
Net (loss) income $ (154,535) $ (17,911) $ 108,652
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 48,725 43,987 48,827
Non-cash portion of restructuring charges 3,699 458 2,155
Non-cash portion of stock-based compensation expense 1,736 9,735 9,830
Impairment charges 204,448 0 0
Impairment charges (190,505) (115,688) 0
Loss on write-down of assets held for sale 15,658 [1] 0 0
Loss (gain) on sales of businesses 3,138 204 (4,394)
Deferred income taxes 21,630 (9,679) (8,161)
Changes in operating assets and liabilities (net of effects of business acquisitions/divestitures):      
Accounts receivable 1,535 18,089 7,680
Inventories 2,440 (7,674) (2,886)
Prepaid expenses and other assets 5,036 (2,744) 5,624
Accounts payable and accrued liabilities (2,285) (29,370) (3,365)
Income taxes (7,722) 23,922 3,388
Net cash provided by operating activities 143,503 144,705 167,350
Investing activities:      
Purchases of property, plant and equipment (35,687) (24,147) (20,532)
Payments of contingent consideration 0 (2,580) (1,528)
Settlement of net investment hedges 0 (797) (5,542)
Acquisition of business, net of cash acquired (301,157) (37,649) (7,970)
Sales of businesses, net of cash retained 10,178 856 12,980
Other 900 (287) (39)
Net cash used in investing activities (325,766) (64,604) (22,631)
Financing activities:      
Payment of dividends (39,243) (38,899) (38,064)
Proceeds from issuance of common stock 20,324 3,864 8,193
Purchase of treasury stock (5,121) (49,933) 0
Proceeds from borrowing on notes payable 220,000 0 0
Repayment of borrowing on notes payable (181,000) 0 0
Proceeds from (Repayments of) Lines of Credit 11,613 0 0
Debt Issuance Cost 0 (961) 0
Debt Instrument, Periodic Payment, Principal (61,264) (62,687) (61,264)
Income tax benefit from the exercise of stock options and deferred compensation distributions, and other 1,631 792 (439)
Net cash used in financing activities (33,060) (147,824) (91,574)
Effect of exchange rate changes on cash 481 (16,348) 21,986
Net (decrease) increase in cash and cash equivalents (214,842) (84,071) 75,131
Cash and cash equivalents, beginning of period 305,900 389,971 314,840
Cash and cash equivalents, end of period 91,058 305,900 389,971
Cash paid during the period for:      
Interest, net of capitalized interest 17,162 19,194 21,298
Income taxes, net of refunds 34,030 35,292 35,851
Fair value of assets acquired, net of cash 168,724 23,792 4,624
Liabilities assumed (37,747) (8,987) (1,446)
Goodwill 170,180 22,844 4,792
Net cash paid for acquisitions $ 301,157 $ 37,649 $ 7,970
[1] The $15.7 million loss relates to the write-down of the Asia Die-Cut disposal group to its estimated fair value less costs to sell and was recorded in the three months ending April 30, 2013.