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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jul. 31, 2018
Jul. 31, 2017
Jul. 31, 2016
Net sales $ 1,173,851 $ 1,113,316 $ 1,120,625
Cost of products sold 585,560 555,024 561,852
Gross margin 588,291 558,292 558,773
Operating expenses:      
Research and development 45,253 39,624 35,799
Selling, general and administrative 390,342 387,653 405,096
Total operating expenses 435,595 427,277 440,895
Operating income 152,696 131,015 117,878
Other income (expense):      
Investment and other income (expense) 2,487 1,121 (709)
Interest expense (3,168) (5,504) (7,824)
Earnings before income taxes 152,015 126,632 109,345
Income tax expense 60,955 30,987 29,235
Net earnings $ 91,060 $ 95,645 $ 80,110
Weighted average common shares outstanding:      
Basic (in shares) 51,677 51,056 50,541
Diluted (in shares) 52,524 51,956 50,769
Class A Nonvoting Common Stock [Member]      
Earnings per share:      
Earnings (loss) from continuing operations, per basic share $ 1.76 $ 1.87  
Earnings (loss) from continuing operations, per diluted share 1.73 1.84  
Net earnings (loss) per share, basic 1.76 1.87 $ 1.59
Net earnings (loss) per share, diluted 1.73 1.84 1.58
Dividends 0.83 0.82 0.81
Class B Voting Common Stock [Member]      
Earnings per share:      
Net earnings (loss) per share, basic 1.75 1.86 1.57
Net earnings (loss) per share, diluted 1.72 1.83 1.56
Dividends $ 0.81 $ 0.80 $ 0.79