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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Operating activities:    
Net earnings $ 54,974 $ 42,381
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 24,896 28,511
Non-cash portion of stock-based compensation expense 6,247 3,556
Non-cash portion of restructuring charges 0 3,545
Loss on sale of business, net 0 426
Deferred income taxes 3,169 (4,533)
Changes in operating assets and liabilities (net of effects of business acquisitions/divestitures):    
Accounts receivable 4,679 (797)
Inventories 4,556 (8,385)
Prepaid expenses and other assets (734) 201
Accounts payable and other liabilities 3,432 (8,399)
Income taxes (2,669) (3,766)
Net cash provided by operating activities 98,550 52,740
Investing activities:    
Purchases of property, plant and equipment (7,468) (23,545)
Sale of business, net of cash retained 0 6,111
Other 1,987 3,927
Net cash used in investing activities (5,481) (13,507)
Financing activities:    
Payments of Dividends (30,603) (30,712)
Proceeds from issuance of common stock 663 1,591
Payments for Repurchase of Common Stock (23,552) 0
Proceeds from (Repayments of) Lines of Credit 28,819 64,638
Repayments of Long-term Debt (42,514) (42,514)
Payments of Financing Costs (803) 0
Income tax on equity-based compensation, and other (1,238) (3,832)
Net cash used in financing activities (69,228) (10,829)
Effect of exchange rate changes on cash 3,263 (9,770)
Net increase in cash and cash equivalents 27,104 18,634
Cash and cash equivalents, beginning of period 114,492 81,834
Cash and cash equivalents, end of period $ 141,596 $ 100,468