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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jan. 31, 2016
Jan. 31, 2015
Operating activities:    
Net earnings $ 33,993 $ 25,168
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 17,502 20,066
Non-cash portion of stock-based compensation expense 4,569 2,471
Non-cash portion of restructuring charges 0 896
Loss on sale of business, net 0 426
Deferred income taxes 3,338 (781)
Changes in operating assets and liabilities (net of effects of business acquisitions/divestitures):    
Accounts receivable 3,204 10,918
Inventories 3,403 (10,840)
Prepaid expenses and other assets (3,811) (3,053)
Accounts payable and other liabilities (1,618) (15,423)
Income taxes (2,326) (5,918)
Net cash provided by operating activities 58,254 23,930
Investing activities:    
Purchases of property, plant and equipment (3,928) (17,808)
Sale of business, net of cash retained 0 6,111
Other 2,521 4,173
Net cash used in investing activities (1,407) (7,524)
Financing activities:    
Payments of Dividends (20,425) (20,449)
Proceeds from issuance of common stock 53 847
Payments for Repurchase of Common Stock (23,397) 0
Proceeds from (Repayments of) Lines of Credit (437) 29,428
Payments of Financing Costs (803) 0
Income tax on equity-based compensation, and other (1,299) (3,830)
Net cash (used in) provided by financing activities (46,308) 5,996
Effect of exchange rate changes on cash (4,833) (10,937)
Net increase in cash and cash equivalents 5,706 11,465
Cash and cash equivalents, beginning of period 114,492 81,834
Cash and cash equivalents, end of period $ 120,198 $ 93,299