Stockholders' Equity

9 Months Ended

Apr. 30, 2020

Stockholders' Equity

The following table illustrates the changes in the balances of each component of stockholders' equity for the three months ended April 30, 2020:


	Common Stock		Additional Paid-In Capital		Retained Earnings		Treasury Stock		Accumulated Other Comprehensive Loss		Total Stockholders' Equity
Balances at January 31, 2020	$	548	$	329,263	$	685,758	$	(43,155)	$	(72,490)	$	899,924
Net income	—		—		13,633		—		—		13,633
Other comprehensive loss, net of tax	—		—		—		—		(19,752)		(19,752)
Issuance of shares of Class A Common Stock under stock plan	—		(91)		—		517		—		426
Stock-based compensation expense	—		1,796		—		—		—		1,796
Repurchase of shares of Class A Common Stock	—		—		—		(64,113)		—		(64,113)
Cash dividends on Common Stock:
Class A — $0.22 per share	—		—		(10,542)		—		—		(10,542)
Class B — $0.22 per share	—		—		(770)		—		—		(770)
Balances at April 30, 2020	$	548	$	330,968	$	688,079	$	(106,751)	$	(92,242)	$	820,602

The following table illustrates the changes in the balances of each component of stockholders' equity for the nine months ended April 30, 2020:


	Common Stock		Additional Paid-In Capital		Retained Earnings		Treasury Stock		Accumulated Other Comprehensive Loss		Total Stockholders' Equity
Balances at July 31, 2019	$	548	$	329,969	$	637,843	$	(46,332)	$	(71,254)	$	850,774
Net income	—		—		84,684		—		—		84,684
Other comprehensive loss, net of tax	—		—		—		—		(20,988)		(20,988)
Issuance of shares of Class A Common Stock under stock plan	—		(6,314)		—		3,694		—		(2,620)
Tax benefit and withholdings from deferred compensation distributions	—		133		—		—		—		133
Stock-based compensation expense	—		7,180		—		—		—		7,180
Repurchase of shares of Class A Common Stock	—		—		—		(64,113)		—		(64,113)
Cash dividends on Common Stock:
Class A — $0.65 per share	—		—		(32,197)		—		—		(32,197)
Class B — $0.64 per share	—		—		(2,251)		—		—		(2,251)
Balances at April 30, 2020	$	548	$	330,968	$	688,079	$	(106,751)	$	(92,242)	$	820,602

The following table illustrates the changes in the balances of each component of stockholders' equity for the three months ended April 30, 2019:


	Common Stock		Additional Paid-In Capital		Retained Earnings		Treasury Stock		Accumulated Other Comprehensive Loss		Total Stockholders' Equity
Balances at January 31, 2019	$	548	$	328,978	$	588,918	$	(54,498)	$	(60,565)	$	803,381
Net income	—		—		34,781		—		—		34,781
Other comprehensive loss, net of tax	—		—		—		—		(7,881)		(7,881)
Issuance of shares of Class A Common Stock under stock plan	—		(1,433)		—		4,415		—		2,982
Stock-based compensation expense	—		2,506		—		—		—		2,506
Cash dividends on Common Stock:
Class A — $0.21 per share	—		—		(10,473)		—		—		(10,473)
Class B — $0.21 per share	—		—		(752)		—		—		(752)
Balances at April 30, 2019	$	548	$	330,051	$	612,474	$	(50,083)	$	(68,446)	$	824,544

The following table illustrates the changes in the balances of each component of stockholders' equity for the nine months ended April 30, 2019:


	Common Stock		Additional Paid-In Capital		Retained Earnings		Treasury Stock		Accumulated Other Comprehensive Loss		Total Stockholders' Equity
Balances at July 31, 2018	$	548	$	325,631	$	553,454	$	(71,120)	$	(56,401)	$	752,112
Net income	—		—		94,645		—		—		94,645
Other comprehensive loss, net of tax	—		—		—		—		(12,045)		(12,045)
Issuance of shares of Class A Common Stock under stock plan	—		(6,100)		—		24,219		—		18,119
Tax benefit and withholdings from deferred compensation distributions	—		209		—		—		—		209
Stock-based compensation expense	—		10,311		—		—		—		10,311
Repurchase of shares of Class A Common Stock	—		—		—		(3,182)		—		(3,182)
Adoption of ASU 2014-09, "Revenue from Contracts with Customers"	—		—		(2,137)		—		—		(2,137)
Cash dividends on Common Stock:
Class A — $0.64 per share	—		—		(31,291)		—		—		(31,291)
Class B — $0.62 per share	—		—		(2,197)		—		—		(2,197)
Balances at April 30, 2019	$	548	$	330,051	$	612,474	$	(50,083)	$	(68,446)	$	824,544