Subsequent Events

6 Months Ended

Jan. 31, 2014

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Subsequent Events

NOTE N — Subsequent Events

On February 19, 2014, the Board of Directors declared a quarterly cash dividend to shareholders of the Company’s Class A and Class B Common Stock of $0.195 per share payable on April 30, 2014 to shareholders of record at the close of business on April 10, 2014.

On February 24, 2014, Brady Corporation and LTI Flexible Products, Inc. (d/b/a Boyd Corporation), a portfolio company of Snow Phipps Group, LLC, entered into a Share and Asset Purchase Agreement for the sale of the Company’s Die-Cut Business, for a purchase price of $60 million in cash. The purchase price is subject to adjustments for cash and indebtedness of the Die-Cut Business as of the applicable closing and a post-closing working capital adjustment.

Subsequent to January 31, 2014, the Company has purchased 184,726 shares of its Class A Nonvoting Common Stock under its share repurchase program for $4.9 million. As of February 28, 2014, there remained 1,962,047 shares authorized to purchase in connection with this plan.