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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Oct. 31, 2015
Oct. 31, 2014
Net sales $ 283,073 $ 310,240
Cost of products sold 143,724 160,079
Gross margin 139,349 150,161
Operating expenses:    
Research and development 8,569 9,631
Selling, general and administrative 100,678 109,279
Restructuring charges 0 4,278
Total operating expenses 109,247 123,188
Operating income 30,102 26,973
Other (expense) income:    
Investment and other (expense) income (759) 323
Interest expense (2,151) (2,891)
Earnings from continuing operations before income taxes 27,192 24,405
Income tax expense 8,489 8,906
Earnings from continuing operations 18,703 15,499
Loss from discontinued operations, net of income taxes 0 (1,915)
Net earnings $ 18,703 $ 13,584
Weighted average common shares outstanding (in thousands):    
Weighted average common shares outstanding, basic (in thousands): 51,029 51,251
Weighted average common shares outstanding, diluted (in thousands): 51,089 51,313
Class A Nonvoting Common Stock    
Earnings Per Share    
Earnings from continuing operations per basic share $ 0.37 $ 0.30
Earnings from continuing operations per diluted share 0.37 0.30
Loss from discontinued operations per basic share 0.00 (0.03)
Loss from discontinued operations per diluted share 0.00 (0.04)
Net earnings per share, basic 0.37 0.27
Net earnings per share, diluted 0.37 0.26
Dividends $ 0.20 $ 0.20
Class B Voting Common Stock    
Other (expense) income:    
Earnings from continuing operations $ 17,919 $ 14,704
Earnings Per Share    
Earnings from continuing operations per basic share $ 0.35 $ 0.29
Earnings from continuing operations per diluted share 0.35 0.29
Loss from discontinued operations per basic share 0.00 (0.04)
Loss from discontinued operations per diluted share 0.00 (0.04)
Net earnings per share, basic 0.35 0.25
Net earnings per share, diluted 0.35 0.25
Dividends $ 0.19 $ 0.18