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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Apr. 30, 2014
Apr. 30, 2013
Apr. 30, 2014
Apr. 30, 2013
Net sales $ 309,577 $ 302,483 $ 908,301 $ 847,200
Cost of products sold 154,457 143,082 452,797 395,723
Gross margin 155,120 159,401 455,504 451,477
Operating expenses:        
Research and development 8,648 8,062 25,675 24,162
Selling, general and administrative 116,666 111,864 340,825 320,874
Restructuring charges 3,039 8,540 14,202 10,473
Total operating expenses 128,353 128,466 380,702 355,509
Operating income 26,767 30,935 74,802 95,968
Other income and (expense):        
Investment and other income 872 1,133 1,887 2,427
Interest expense (3,381) (4,186) (10,777) (12,755)
Earnings from continuing operations before income taxes 24,258 27,882 65,912 85,640
Income tax expense 4,074 6,202 17,077 48,340
Earnings from continuing operations 20,184 21,680 48,835 37,300
Earnings (loss) from discontinued operations, net of income taxes 3,904 (17,447) 15,606 (14,564)
Net earnings 24,088 4,233 64,441 22,736
Earnings Per Share        
Earnings from continuing operations per basic share $ 0.39 $ 0.42 $ 0.94 $ 0.72
Earnings from continuing operations per diluted share $ 0.39 $ 0.42 $ 0.93 $ 0.72
Weighted average common shares outstanding (in thousands):        
Weighted average common shares outstanding, basic (in thousands): 51,933 51,415 52,071 51,210
Weighted average common shares outstanding, diluted (in thousands): 52,000 52,041 52,304 51,685
Class A nonvoting common stock
       
Other income and (expense):        
Earnings from continuing operations 20,168 21,620 48,759 37,121
Earnings Per Share        
Earnings from continuing operations per basic share $ 0.39 $ 0.42 $ 0.94 $ 0.72
Earnings from continuing operations per diluted share $ 0.39 $ 0.42 $ 0.93 $ 0.72
Earnings (loss) from discontinued operations per basic share $ 0.07 $ (0.34) $ 0.30 $ (0.28)
Earnings (loss) from discontinued operations per diluted share $ 0.07 $ (0.34) $ 0.30 $ (0.28)
Net earnings per share, basic $ 0.46 $ 0.08 $ 1.24 $ 0.44
Net earnings per share, diluted $ 0.46 $ 0.08 $ 1.23 $ 0.44
Dividends $ 0.195 $ 0.19 $ 0.585 $ 0.57
Class B voting common stock
       
Other income and (expense):        
Earnings from continuing operations $ 20,168 $ 21,620 $ 47,940 $ 36,319
Earnings Per Share        
Earnings from continuing operations per basic share $ 0.39 $ 0.42 $ 0.92 $ 0.71
Earnings from continuing operations per diluted share $ 0.39 $ 0.42 $ 0.92 $ 0.70
Earnings (loss) from discontinued operations per basic share $ 0.07 $ (0.34) $ 0.30 $ (0.29)
Earnings (loss) from discontinued operations per diluted share $ 0.07 $ (0.34) $ 0.29 $ (0.28)
Net earnings per share, basic $ 0.46 $ 0.08 $ 1.22 $ 0.42
Net earnings per share, diluted $ 0.46 $ 0.08 $ 1.21 $ 0.42
Dividends $ 0.195 $ 0.19 $ 0.568 $ 0.553