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Consolidated Statements of Income (USD $)
In Thousands, except Share data
12 Months Ended
Jul. 31, 2011
Jul. 31, 2010
Jul. 31, 2009
Net sales $ 1,339,597 $ 1,259,096 $ 1,208,702
Cost of products sold 683,401 635,799 631,119
Gross margin 656,196 623,297 577,583
Operating expenses:      
Research and development 43,001 42,621 34,181
Selling, general and administrative 441,815 435,906 397,180
Restructuring charges 9,188 15,314 25,849
Total operating expenses 494,004 493,841 457,210
Operating income 162,192 129,456 120,373
Other income (expense):      
Investment and other income - net 3,990 1,168 1,800
Interest expense (22,124) (21,222) (24,901)
Net other expense (18,134) (20,054) (23,101)
Income before income taxes 144,058 109,402 97,272
Income taxes 35,406 27,446 27,150
Net income $ 108,652 $ 81,956 $ 70,122
Weighted average Class A and Class B common shares outstanding      
Basic 52,639,355 52,402,387 52,558,657
Diluted 53,133,000 52,946,000 52,866,000
Class A nonvoting common stock
     
Net income per common share:      
Basic $ 2.06 $ 1.56 $ 1.33
Diluted $ 2.04 $ 1.55 $ 1.32
Dividends $ 0.72 $ 0.70 $ 0.68
Class B Common Stock
     
Net income per common share:      
Basic $ 2.04 $ 1.55 $ 1.32
Diluted $ 2.03 $ 1.53 $ 1.31
Dividends $ 0.70 $ 0.68 $ 0.66