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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Oct. 31, 2016
Oct. 31, 2015
Net sales $ 280,176 $ 283,073
Cost of products sold 139,818 143,724
Gross margin 140,358 139,349
Operating expenses:    
Research and development 9,146 8,569
Selling, general and administrative 98,004 100,678
Total operating expenses 107,150 109,247
Operating income 33,208 30,102
Other expense:    
Investment and other (expense) income (489) (759)
Interest expense (1,732) (2,151)
Earnings before income taxes 30,987 27,192
Income tax expense 8,434 8,489
Net earnings $ 22,553 $ 18,703
Weighted average common shares outstanding (in thousands):    
Weighted average common shares outstanding, basic (in thousands): 50,634 51,029
Weighted average common shares outstanding, diluted (in thousands): 51,455 51,089
Class A Nonvoting Common Stock    
Earnings Per Share    
Net earnings per share, basic $ 0.45 $ 0.37
Net earnings per share, diluted 0.44 0.37
Dividends $ 0.21 $ 0.20
Class B Voting Common Stock    
Other expense:    
Earnings from continuing operations $ 21,751 $ 17,919
Earnings Per Share    
Net earnings per share, basic $ 0.43 $ 0.35
Net earnings per share, diluted 0.42 0.35
Dividends $ 0.19 $ 0.19