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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jan. 31, 2025
Jan. 31, 2024
Operating activities:    
Net income $ 87,117 $ 90,869
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 20,096 15,008
Stock-based compensation expense 7,993 5,263
Deferred income taxes (3,076) (3,640)
Other 231 947
Changes in operating assets and liabilities:    
Accounts receivable 6,605 (5,030)
Inventories (8,384) 10,078
Prepaid expenses and other assets (2,571) (1,187)
Accounts payable and accrued liabilities (41,650) (9,754)
Income taxes (3,361) (4,203)
Net cash provided by operating activities 63,000 98,351
Investing activities:    
Purchases of property, plant and equipment (14,423) (60,832)
Payments to Acquire Businesses, Net of Cash Acquired 137,348 0
Payments for (Proceeds from) Other Investing Activities 53 0
Net cash used in investing activities (151,718) (60,832)
Financing activities:    
Payment of dividends (22,867) (22,694)
Proceeds from exercise of stock options 5,712 5,366
Payments for employee taxes withheld from stock-based awards (2,130) (2,362)
Purchase of treasury stock 0 (21,797)
Proceeds from borrowing on credit agreement 159,373 69,145
Repayment of borrowing on credit agreement (162,621) (70,771)
Proceeds from (Payments for) Other Financing Activities 190 149
Net cash used in financing activities (22,343) (42,964)
Effect of exchange rate changes on cash and cash equivalents (605) (2,227)
Net decrease in cash and cash equivalents (111,666) (7,672)
Cash and cash equivalents, beginning of period 250,118 151,532
Cash and cash equivalents, end of period $ 138,452 $ 143,860