Stockholders' Equity

6 Months Ended

Jan. 31, 2021

Stockholders' Equity

The following table illustrates the changes in the balances of each component of stockholders' equity for the three months ended January 31, 2021:


	Common Stock		Additional Paid-In Capital		Retained Earnings		Treasury Stock		Accumulated Other Comprehensive Loss		Total Stockholders' Equity
Balances at October 31, 2020	$	548	$	332,121	$	726,546	$	(109,146)	$	(69,668)	$	880,401
Net income	—		—		30,860		—		—		30,860
Other comprehensive income, net of tax	—		—		—		—		18,207		18,207
Issuance of shares of Class A Common Stock under stock plan	—		59		—		230		—		289
Stock-based compensation expense	—		1,897		—		—		—		1,897
Repurchase of shares of Class A Common Stock	—		—		—		(873)		—		(873)
Cash dividends on Common Stock:
Class A — $0.2200 per share	—		—		(10,667)		—		—		(10,667)
Class B — $0.2200 per share	—		—		(779)		—		—		(779)
Balances at January 31, 2021	$	548	$	334,077	$	745,960	$	(109,789)	$	(51,461)	$	919,335

The following table illustrates the changes in the balances of each component of stockholders' equity for the six months ended January 31, 2021:


	Common Stock		Additional Paid-In Capital		Retained Earnings		Treasury Stock		Accumulated Other Comprehensive Loss		Total Stockholders' Equity
Balances at July 31, 2020	$	548	$	331,761	$	704,456	$	(107,216)	$	(66,477)	$	863,072
Net income	—		—		64,341		—		—		64,341
Other comprehensive income, net of tax	—		—		—		—		15,016		15,016
Issuance of shares of Class A Common Stock under stock plan	—		(3,187)		—		1,020		—		(2,167)
Tax benefit and withholdings from deferred compensation distributions	—		32		—		—		—		32
Stock-based compensation expense	—		5,471		—		—		—		5,471
Repurchase of shares of Class A Common Stock	—		—		—		(3,593)		—		(3,593)
Cash dividends on Common Stock:
Class A — $0.4400 per share	—		—		(21,338)		—		—		(21,338)
Class B — $0.4234 per share	—		—		(1,499)		—		—		(1,499)
Balances at January 31, 2021	$	548	$	334,077	$	745,960	$	(109,789)	$	(51,461)	$	919,335

The following table illustrates the changes in the balances of each component of stockholders' equity for the three months ended January 31, 2020:


	Common Stock		Additional Paid-In Capital		Retained Earnings		Treasury Stock		Accumulated Other Comprehensive Loss		Total Stockholders' Equity
Balances at October 31, 2019	$	548	$	327,241	$	663,808	$	(43,779)	$	(71,283)	$	876,535
Net income	—		—		33,553		—		—		33,553
Other comprehensive loss, net of tax	—		—		—		—		(1,207)		(1,207)
Issuance of shares of Class A Common Stock under stock plan	—		187		—		624		—		811
Tax benefit and withholdings from deferred compensation distributions	—		69		—		—		—		69
Stock-based compensation expense	—		1,766		—		—		—		1,766
Cash dividends on Common Stock:
Class A — $0.2175 per share	—		—		(10,833)		—		—		(10,833)
Class B — $0.2175 per share	—		—		(770)		—		—		(770)
Balances at January 31, 2020	$	548	$	329,263	$	685,758	$	(43,155)	$	(72,490)	$	899,924

The following table illustrates the changes in the balances of each component of stockholders' equity for the six months ended January 31, 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	—		—		71,051		—		—		71,051
Other comprehensive loss, net of tax	—		—		—		—		(1,236)		(1,236)
Issuance of shares of Class A Common Stock under stock plan	—		(6,223)		—		3,177		—		(3,046)
Tax benefit and withholdings from deferred compensation distributions	—		133		—		—		—		133
Stock-based compensation expense	—		5,384		—		—		—		5,384
Cash dividends on Common Stock:
Class A — $0.4350 per share	—		—		(21,655)		—		—		(21,655)
Class B — $0.4184 per share	—		—		(1,481)		—		—		(1,481)
Balances at January 31, 2020	$	548	$	329,263	$	685,758	$	(43,155)	$	(72,490)	$	899,924