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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Jul. 31, 2012
Quarterly Financial Data (Unaudited) [Abstract]  
Summary of quarterly financial information
The following table provides the Company's quarterly information as presented in the Form 10-Q (dollars in thousands except earnings per share):

 
Quarters ended:
 
July 31, 2012
  
April 30, 2012
  
January 31, 2012
  
October 31, 2011
 
Net sales
 $16,861  $14,568  $15,080  $13,505 
Gross profit
  9,809   7,822*  8,972   7,916 
Operating income
  2,946   1,405   2,618   1,512 
Income from continuing operations
  1,942   1,006   1,867   1,153 
Loss from discontinued operations,
net of tax
  --   --   --   382 
Net income
  1,942   1,006   1,867   771 
Earnings per share - basic
                
Income from continuing operations
 $0.08  $0.04  $0.07  $0.05 
Loss from discontinued operations
  0.00   0.00   0.00   (0.02)
Net income
 $0.08  $0.04  $0.07  $0.03 
Earnings per share - diluted
                
Income from continued operations
 $0.08  $0.04  $0.07  $0.05 
Loss from discontinued operations
  0.00   0.00   0.00   (0.02)
Net income
 $0.08  $0.04  $0.07  $0.03 
Basic weighted average common shares outstanding
  25,165,493   25,184,447   25,085,296   24,971,034 
Diluted weighted average common shares outstanding
  25,293,168   25,363,620   25,280,449   25,136,727 
 
 
Quarters ended:
 
July 31, 2011
  
April 30, 2011
  
January 31, 2011
  
October 31, 2010
 
Net sales
 $15,652  $14,670  $13,278  $12,057 
Gross profit
  9,428   8,596   7,730   7,027 
Operating income
  2,966   2,516   1,834   1,033 
Loss on sale of product line
  --   --   (99)  -- 
Income from continuing operations
  2,041   1,676   1,316   636 
Loss (income) from discontinued operations,
net of tax
  4   33   (4)  3 
Net income
  2,037   1,643   1,320   633 
Earnings per share – basic
                
Income from continuing operations
 $.08  $0.07  $0.05  $0.03 
Loss from discontinued operations
  0.00   0.00   0.00   0.00 
Net income
 $0.08  $0.07  $0.05  $0.03 
Earnings per share – diluted
                
Income from continuing operations
 $0.08  $0.07  $0.05  $0.03 
Loss from discontinued operations
  0.00   0.00   0.00   0.00 
Net income
 $0.08  $0.07  $0.05  $0.03 
Basic weighted average common shares outstanding
  24,970,271   24,945,707   24,937,463   24,782,913 
Diluted weighted average common shares outstanding
  25,137,786   25,108,582   25,074,230   24,862,420 

* In the third quarter of fiscal 2012, the Company recorded an inventory write-down of approximately $367,000, or approximately $0.01 earnings per share, net of tax.