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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jan. 31, 2017
Jan. 31, 2016
Operating activities:    
Net earnings $ 47,850 $ 33,993
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 14,102 17,502
Non-cash portion of stock-based compensation expense 5,394 4,569
Deferred income taxes (4,547) 3,338
Changes in operating assets and liabilities (net of effects of business acquisitions/divestitures):    
Accounts receivable 3,407 3,204
Inventories 224 3,403
Prepaid expenses and other assets 220 (3,811)
Accounts payable and other liabilities (9,384) (1,618)
Income taxes (3,932) (2,326)
Net cash provided by operating activities 53,334 58,254
Investing activities:    
Purchases of property, plant and equipment (7,235) (3,928)
Other 593 2,521
Net cash used in investing activities (6,642) (1,407)
Financing activities:    
Payments of Dividends (20,852) (20,425)
Proceeds from exercise of stock options 14,659 53
Payments for Repurchase of Common Stock 0 (23,397)
Proceeds from (Repayments of) Lines of Credit (50,469) (437)
Payments of Financing Costs 0 (803)
Income tax on equity-based compensation, and other (640) (1,299)
Net cash used in financing activities (57,302) (46,308)
Effect of exchange rate changes on cash (5,410) (4,833)
Net (decrease) increase in cash and cash equivalents (16,020) 5,706
Cash and cash equivalents, beginning of period 141,228 114,492
Cash and cash equivalents, end of period $ 125,208 $ 120,198