Segment Information (Tables)

3 Months Ended

Oct. 31, 2025

The following is a summary of segment information as of and for the three months ended October 31, 2025 and 2024:


	Three months ended October 31,
	2025		2024
Americas & Asia
Net sales	$	268,893	$	245,428
Cost of goods sold	131,106		119,178
Gross margin	137,787		126,250
Segment expenses:
Research and development	16,715		13,216
Selling, general and administrative	61,209		58,134
Total segment expenses	77,924		71,350
Segment profit	$	59,863	$	54,900

Europe & Australia
Net sales	$	136,394	$	131,637
Cost of goods sold	65,349		68,198
Gross margin	71,045		63,439
Segment expenses:
Research and development	6,577		5,705
Selling, general and administrative	45,736		44,620
Total segment expenses	52,313		50,325
Segment profit	$	18,732	$	13,114
Total profit from reportable segments	$	78,595	$	68,014

Reconciliation to income before income taxes
Total profit from reportable segments	$	78,595	$	68,014
Unallocated costs:
Administrative costs	(10,623)		(9,092)

Investment and other income	1,712		1,234
Interest expense	(1,208)		(1,356)
Income before income taxes	$	68,476	$	58,800

Other Segment Information
Depreciation & amortization:
Americas & Asia	$	7,280	$	6,612
Europe & Australia	3,728		3,552
Total Company	$	11,008	$	10,164
Expenditures for property, plant & equipment:
Americas & Asia	$	8,217	$	4,005
Europe & Australia	2,763		3,281
Total Company	$	10,980	$	7,286