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Consolidated Statements of Cash Flows (USD $)
In Thousands
12 Months Ended
Jul. 31, 2011
Jul. 31, 2010
Jul. 31, 2009
Operating activities:      
Net income $ 108,652 $ 81,956 $ 70,122
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 48,827 53,022 54,851
Deferred income taxes (8,161) (6,834) (8,640)
Gain on the sale of business (pre-tax) (4,394)    
Non-cash portion of stock-based compensation expense 9,830 9,721 7,731
Non-cash portion of restructuring 2,155 2,260 2,469
Changes in operating assets and liabilities (net of effects of business acquisitions):      
Accounts receivable 7,680 (29,479) 53,389
Inventories (2,886) 426 34,749
Prepaid expenses and other assets 5,624 (3,502) (2,423)
Accounts payable and accrued liabilities (3,365) 52,410 (75,930)
Income taxes 3,388 5,258 (9,673)
Net cash provided by operating activities 167,350 165,238 126,645
Investing activities:      
Acquisitions of businesses, net of cash acquired (7,970) (30,431)  
Purchase price adjustment     3,514
Payments of contingent consideration (1,528)   (1,405)
Divestiture of business, net of cash retained in business 12,980    
Purchases of property, plant and equipment (20,532) (26,296) (24,027)
Settlements of net investment hedges (5,542) 6,248  
Other (39) 1,798 2,874
Net cash used in investing activities (22,631) (48,681) (19,044)
Financing activities:      
Payment of dividends (38,064) (36,786) (35,839)
Proceeds from issuance of common stock 8,193 3,717 1,683
Principal payments on debt (61,264) (44,893) (87,224)
Proceeds from issuance of debt   94,915  
Purchase of treasury stock   (2,537) (40,267)
Income tax benefit from the exercise of stock options and deferred compensation distributions, and other (439) 859 1,336
Net cash (used in) provided by financing activities (91,574) 15,275 (160,311)
Effect of exchange rate changes on cash 21,986 (5,148) (17,489)
Net increase (decrease) in cash and cash equivalents 75,131 126,684 (70,199)
Cash and cash equivalents, beginning of year 314,840 188,156 258,355
Cash and cash equivalents, end of year 389,971 314,840 188,156
Cash paid during the year for:      
Interest, net of capitalized interest 21,298 21,626 26,047
Income taxes, net of refunds 35,851 30,870 48,766
Acquisitions:      
Fair value of assets acquired, net of cash 4,624 15,366  
Liabilities assumed (1,446) (5,201)  
Goodwill 4,792 20,266  
Net cash paid for acquisitions $ 7,970 $ 30,431