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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Jul. 31, 2013
Operating activities:      
Net earnings (loss) $ 2,987 $ (45,968) $ (154,535)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 39,458 44,598 48,725
Non-cash portion of restructuring charges 4,164 566 3,699
Non-cash portion of stock-based compensation expense 4,471 5,214 1,736
Goodwill and Intangible Asset Impairment, Including Discontinued Operations 46,867 148,551 204,448
Loss on write-down of assets held for sale 0 0 15,658 [1]
Loss on sales of businesses, net 426 1,238 3,138
Deferred income taxes (7,233) (27,516) 21,630
Changes in operating assets and liabilities (net of effects of business acquisitions/divestitures):      
Accounts receivable 1,317 (3,600) 1,535
Inventories (763) (12,608) 2,440
Prepaid expenses and other assets 9,188 (278) 5,036
Accounts payable and accrued liabilities (8,516) (20,508) (2,285)
Income taxes 982 3,731 (7,722)
Net cash provided by operating activities 93,348 93,420 143,503
Investing activities:      
Purchases of property, plant and equipment (26,673) (43,398) (35,687)
Acquisition of business, net of cash acquired 0 0 (301,157)
Sales of businesses, net of cash retained 6,111 54,242 10,178
Other 6,197 (637) 900
Net cash (used in) provided by investing activities (14,365) 10,207 (325,766)
Financing activities:      
Payment of dividends (40,976) (40,487) (39,243)
Proceeds from issuance of common stock 1,644 12,113 20,324
Purchase of treasury stock 0 (30,581) (5,121)
Proceeds from borrowings on line of credit 83,382 73,334 231,613
Repayment of borrowing on line of credit (32,314) (62,398) (181,000)
Principal payments on debt (42,514) (61,264) (61,264)
Income tax benefit from equity-based compensation, and other (1,374) (6,104) 1,631
Net cash used in financing activities (32,152) (115,387) (33,060)
Effect of exchange rate changes on cash (14,173) 2,536 481
Net increase (decrease) in cash and cash equivalents 32,658 (9,224) (214,842)
Cash and cash equivalents, beginning of period 81,834 91,058 305,900
Cash and cash equivalents, end of period 114,492 81,834 91,058
Cash paid during the period for:      
Interest 11,164 14,594 17,162
Income taxes, net of refunds 25,024 33,043 34,030
Acquisitions: [Abstract]      
Fair value of assets acquired, net of cash 0 0 168,724
Liabilities assumed 0 0 (37,747)
Goodwill 0 0 170,180
Net cash paid for acquisitions $ 0 $ 0 $ 301,157
[1] The Company recorded a $15.7 million 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.