XML 106 R102.htm IDEA: XBRL DOCUMENT v2.4.0.8
Unaudited Quarterly Financial Information (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Jul. 31, 2014
Apr. 30, 2014
Jan. 31, 2014
Oct. 31, 2013
Jul. 31, 2013
Apr. 30, 2013
Jan. 31, 2013
Oct. 31, 2012
Jul. 31, 2014
Jul. 31, 2013
Jul. 31, 2012
Net sales $ 316,733 $ 309,577 $ 291,194 $ 307,530 $ 310,592 $ 302,483 $ 272,702 $ 272,015 $ 1,225,034 $ 1,157,792 $ 1,071,504
Gross margin 154,061 155,120 142,536 157,847 157,871 159,401 141,891 150,185 609,564 609,348 590,969
Operating income (loss) (116,013) [1] 26,767 [1] 18,346 [1] 29,689 [1] (178,524) [1] 30,935 [1] 21,797 [1] 43,236 [1] (41,211) (82,556) 157,663
Earnings (loss) from continuing operations (96,981) 20,183 10,517 18,135 (175,557) 21,680 (10,671) 26,291 (48,146) (138,257) 103,493
Earnings (loss) from discontinued operations, net of income taxes (13,428) [2] 3,904 5,907 5,795 (1,714) (17,447) [2] 1,987 896 2,178 (16,278) (121,404)
Nonvoting Common Stock [Member]
                     
Earnings (loss) from continuing operations                 $ (48,238) $ (138,495) $ 103,264
Net earnings (loss) from continuing operations per Class A Common Share:                      
Basic (in dollars per share) $ (1.89) [3] $ 0.39 [3] $ 0.20 [3] $ 0.35 [3] $ (3.40) [3] $ 0.42 [3] $ (0.21) [3] $ 0.51 [3] $ (0.93) $ (2.70) $ 1.97
Diluted (in dollars per share) $ (1.89) [3] $ 0.39 [3] $ 0.20 [3] $ 0.35 [3] $ (3.40) [3] $ 0.42 [3] $ (0.21) [3] $ 0.51 [3] $ (0.93) $ (2.70) $ 1.95
Earnings (loss) from discontinued operations per Class A Common Share:                      
Basic (in dollars per share) $ (0.26) [3] $ 0.08 [3] $ 0.11 [3] $ 0.11 [3] $ (0.03) [3] $ (0.34) [3] $ 0.04 [3] $ 0.02 [3] $ 0.04 $ (0.32) $ (2.31)
Diluted (in dollars per share) $ (0.26) [3] $ 0.08 [3] $ 0.11 [3] $ 0.11 [3] $ (0.03) [3] $ (0.34) [3] $ 0.04 [3] $ 0.02 [3] $ 0.04 $ (0.32) $ (2.29)
[1] * In fiscal 2014, the Company recorded before tax impairment charges of $148,551 in the fourth quarter ended July 31, 2014 and before tax restructuring charges of $6,840, $4,324, $3,039 and $809 in the first, second, third, and fourth quarters of fiscal 2014, respectively, for a total of $15,012. 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.
[2] ** In fiscal 2014, the Company recorded restructuring charges of $6,989 and a loss on the sale of the Die Cut business of $1,602 in discontinued operations in the fourth quarter ended July 31, 2014. In fiscal 2013, the Company recorded a $15,658 loss to write-down the Die-Cut business to its estimated fair value less costs to sell in the three months ended April 30, 2013.
[3] *** The sum of the quarters does not equal the year-to-date total for fiscal 2014 and fiscal 2013 due to the quarterly changes inweighted-average shares outstanding.