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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Apr. 30, 2011
Apr. 30, 2010
Operating activities:    
Net income $ 79,069 $ 60,364
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 37,522 40,276
Non-cash portion of restructuring charges 2,155 1,455
Non-cash portion of stock-based compensation expense 9,396 7,574
Gain on the divestiture of business (4,394)  
Deferred income taxes (9,018) (4,582)
Changes in operating assets and liabilities (net of effects of business acquisitions/divestitures):    
Accounts receivable 211 (17,192)
Inventories (1,491) 3,887
Prepaid expenses and other assets 772 (5,273)
Accounts payable and accrued liabilities (8,355) 31,493
Income taxes 4,579 152
Net cash provided by operating activities 110,446 118,154
Investing activities:    
Acquisition of businesses, net of cash acquired (7,970) (30,431)
Divestiture of business, net of cash retained in business 12,979  
Payments of contingent consideration (979)  
Purchases of property, plant and equipment (13,671) (20,927)
Other (379) 1,197
Net cash used in investing activities (10,020) (50,161)
Financing activities:    
Payment of dividends (28,500) (27,560)
Proceeds from issuance of common stock 7,154 3,494
Principal payments on debt (42,514) (26,143)
Income tax benefit from the exercise of stock options and deferred compensation distribution 1,075 182
Net cash used in financing activities (62,785) (50,027)
Effect of exchange rate changes on cash 21,497 984
Net increase in cash and cash equivalents 59,138 18,950
Cash and cash equivalents, beginning of period 314,840 188,156
Cash and cash equivalents, end of period 373,978 207,106
Cash paid during the period for:    
Interest, net of capitalized interest 16,379 18,217
Income taxes, net of refunds 26,695 18,296
Acquisitions:    
Fair value of assets acquired, net of cash and goodwill 4,624 15,366
Liabilities assumed (1,446) (5,201)
Goodwill 4,792 20,266
Net cash paid for acquisitions $ 7,970 $ 30,431