XML 25 R23.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Jul. 31, 2011
Summary Of Significant Accounting Policies (Tables) [Abstract]  
Property Plant And Equipment Estimated Useful Lives
         
Asset Category   Range of Useful Lives  
Buildings and improvements
    10 to 33 Years  
Computer systems
  5 Years  
Machinery and equipment
    3 to 10 Years  
Goodwill
                                 
                    Asia-        
    Americas     Europe     Pacific     Total  
Balance as of July 31, 2009
  $ 410,135     $ 166,251     $ 174,787     $ 751,173  
 
                       
Current year acquisitions
    13,370       6,896             20,266  
Translation adjustments and other
    1,513       (9,958 )     5,606       (2,839 )
 
                       
Balance as of July 31, 2010
  $ 425,018     $ 163,189     $ 180,393     $ 768,600  
 
                       
Current year acquisitions
                4,792       4,792  
Current year divestitures
    (3,696 )     (8,380 )           (12,076 )
Translation adjustments and other
    4,256       16,429       18,342       39,027  
 
                       
Balance as of July 31, 2011
  $ 425,578     $ 171,238     $ 203,527     $ 800,343  
 
                       
Other Intangible Assets
                                                                 
    July 31, 2011     July 31, 2010  
    Weighted                             Weighted                    
    Average     Gross                     Average     Gross              
    Amortization     Carrying     Accumulated     Net Book     Amortization     Carrying     Accumulated     Net Book  
    Period (Years)     Amount     Amortization     Value     Period (Years)     Amount     Amortization     Value  
Amortized other intangible assets:
                                                               
Patents
    5     $ 9,784     $ (8,556 )   $ 1,228       5     $ 9,314     $ (7,855 )   $ 1,459  
Trademarks and other
    7       9,448       (6,599 )     2,849       7       8,823       (5,685 )     3,138  
Customer relationships
    7       165,566       (119,977 )     45,589       7       152,720       (95,996 )     56,724  
Non-compete agreements and other
    4       16,432       (15,760 )     672       4       15,239       (14,356 )     883  
Unamortized other intangible assets:
                                                               
Trademarks and tradenames
    N/A       39,623             39,623       N/A       41,342             41,342  
 
                                                   
Total
          $ 240,853     $ (150,892 )   $ 89,961             $ 227,438     $ (123,892 )   $ 103,546  
 
                                                   
Stock Option Assumptions
                                                 
    2011     2010     2009  
    Performance-             Performance-             Performance-        
    Based     Service-Based     Based     Service-Based     Based     Service-Based  
Black-Scholes Option Valuation Assumptions   Options     Options     Options     Options     Options     Options  
Expected term (in years)
    6.57       5.91       6.57       5.94       N/A       5.96  
Expected volatility
    39.39 %     40.22 %     38.72 %     39.88 %     N/A       36.07 %
Expected dividend yield
    1.96 %     1.94 %     3.02 %     3.01 %     N/A       2.03 %
Risk-free interest rate
    2.35 %     1.65 %     3.03 %     2.63 %     N/A       1.75 %
Weighted-average market value of underlying stock at grant date
  $ 28.43     $ 29.13     $ 28.73     $ 28.68       N/A     $ 21.26  
Weighted-average exercise price
  $ 28.35     $ 29.13     $ 29.78     $ 28.68       N/A     $ 21.26  
Weighted-average fair value of options granted
  $ 9.87     $ 9.59     $ 8.70     $ 8.77       N/A     $ 6.30  
Components of Comprehensive Income
                                 
            Amortization              
            of gain on              
            post-              
    Unrealized     retirement     Foreign     Accumulated  
    (loss) gain on     medical,     currency     other  
    cash flow     dental and     translation     comprehensive  
    hedges     vision plan     adjustments     income  
Beginning balance, July 31, 2008
  $ (971 )   $ 2,493     $ 126,639     $ 128,161  
Current-period change
    918       (551 )     (75,477 )     (75,110 )
 
                       
Ending balance, July 31, 2009
  $ (53 )   $ 1,942     $ 51,162     $ 53,051  
 
                       
Current-period change
    (268 )     (585 )     (1,293 )     (2,146 )
 
                       
Ending balance, July 31, 2010
  $ (321 )   $ 1,357     $ 49,869     $ 50.905  
 
                       
Current-period change
    (833 )     831       62,995       62,993  
 
                       
Ending balance, July 31, 2011
  $ (1,154 )   $ 2,188     $ 112,864     $ 113,898