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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jan. 31, 2016
Jan. 31, 2015
Jan. 31, 2016
Jan. 31, 2015
Net sales $ 268,630 $ 282,628 $ 551,703 $ 592,868
Cost of products sold 135,738 144,425 279,462 304,503
Gross margin 132,892 138,203 272,241 288,365
Operating expenses:        
Research and development 9,097 8,948 17,666 18,579
Selling, general and administrative 100,206 107,565 200,884 216,846
Restructuring charges 0 4,879 0 9,157
Total operating expenses 109,303 121,392 218,550 244,582
Operating income 23,589 16,811 53,691 43,783
Other (expense) income:        
Investment and other (expense) income (992) 211 (1,751) 535
Interest expense (2,130) (3,000) (4,281) (5,891)
Earnings from continuing operations before income taxes 20,467 14,022 47,659 38,427
Income tax expense 5,177 2,438 13,666 11,344
Earnings from continuing operations 15,290 11,584 33,993 27,083
Loss from discontinued operations, net of income taxes 0 0 0 (1,915)
Net earnings $ 15,290 $ 11,584 $ 33,993 $ 25,168
Weighted average common shares outstanding (in thousands):        
Weighted average common shares outstanding, basic (in thousands): 50,527 51,272 50,778 51,262
Weighted average common shares outstanding, diluted (in thousands): 50,647 51,348 50,868 51,330
Class A nonvoting common stock        
Earnings Per Share        
Earnings from continuing operations per basic share $ 0.30 $ 0.23 $ 0.67 $ 0.53
Earnings from continuing operations per diluted share 0.30 0.23 0.67 0.53
Earnings (loss) from discontinued operations per basic share 0.00 0.00 0.00 (0.04)
Earnings (loss) from discontinued operations per diluted share 0.00 0.00 0.00 (0.04)
Net earnings per share, basic 0.30 0.23 0.67 0.49
Net earnings per share, diluted 0.30 0.23 0.67 0.49
Dividends $ 0.20 $ 0.20 $ 0.41 $ 0.40
Class B voting common stock        
Other (expense) income:        
Earnings from continuing operations $ 15,290 $ 11,584 $ 33,209 $ 26,288
Earnings Per Share        
Earnings from continuing operations per basic share $ 0.30 $ 0.23 $ 0.65 $ 0.51
Earnings from continuing operations per diluted share 0.30 0.23 0.65 0.51
Earnings (loss) from discontinued operations per basic share 0.00 0.00 0.00 (0.03)
Earnings (loss) from discontinued operations per diluted share 0.00 0.00 0.00 (0.04)
Net earnings per share, basic 0.30 0.23 0.65 0.48
Net earnings per share, diluted 0.30 0.23 0.65 0.47
Dividends $ 0.20 $ 0.20 $ 0.39 $ 0.38