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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Apr. 30, 2017
Apr. 30, 2016
Operating activities:    
Net earnings $ 70,403 $ 54,974
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 20,789 24,896
Non-cash portion of stock-based compensation expense 7,445 6,247
Deferred income taxes (2,707) 3,169
Changes in operating assets and liabilities (net of effects of business acquisitions/divestitures):    
Accounts receivable (931) 4,679
Inventories 666 4,556
Prepaid expenses and other assets (1,987) (734)
Accounts payable and other liabilities 754 3,432
Income taxes (3,270) (2,669)
Net cash provided by operating activities 91,162 98,550
Investing activities:    
Purchases of property, plant and equipment (10,856) (7,468)
Other 38 1,987
Net cash used in investing activities (10,818) (5,481)
Financing activities:    
Payments of Dividends (31,362) (30,603)
Proceeds from exercise of stock options 18,674 663
Payments for Repurchase of Common Stock 0 (23,552)
Proceeds from (Repayments of) Lines of Credit (60,415) 28,819
Debt Instrument, Periodic Payment, Principal (16,371) (42,514)
Payments of Financing Costs 0 (803)
Income tax on equity-based compensation, and other (512) (1,238)
Net cash used in financing activities (89,986) (69,228)
Effect of exchange rate changes on cash (2,509) 3,263
Net (decrease) increase in cash and cash equivalents (12,151) 27,104
Cash and cash equivalents, beginning of period 141,228 114,492
Cash and cash equivalents, end of period $ 129,077 $ 141,596