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Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Jul. 31, 2017
Quarterly Financial Data [Abstract]  
Schedule of unaudited consolidated quarterly financial information
Unaudited consolidated quarterly financial information for the years ended July 31, 2017 and 2016 is as follows (in millions, except per share amounts):
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Fiscal 2017
 
 
 
 
 
 
 
 
Net sales
 
$
553.0

 
$
550.6

 
$
608.2

 
$
660.1

Gross profit
 
194.2

 
187.9

 
211.5

 
229.5

Net earnings
 
58.0

 
46.5

 
60.1

 
68.2

Net earnings per share – basic
 
0.43

 
0.35

 
0.45

 
0.52

Net earnings per share – diluted
 
0.43

 
0.35

 
0.45

 
0.51

Dividends declared per share
 
0.175

 
0.175

 
0.175

 
0.180

Dividends paid per share
 
0.175

 
0.175

 
0.175

 
0.175

 
 
 
 
 
 
 
 
 
Fiscal 2016
 
 
 
 
 
 
 
 
Net sales
 
$
538.0

 
$
517.2

 
$
571.3

 
$
593.8

Gross profit
 
178.1

 
170.8

 
196.6

 
209.3

Net earnings
 
38.5

 
38.0

 
54.8

 
59.5

Net earnings per share – basic
 
0.29

 
0.28

 
0.41

 
0.44

Net earnings per share – diluted
 
0.29

 
0.28

 
0.41

 
0.44

Dividends declared per share
 
0.170

 
0.170

 
0.175

 
0.175

Dividends paid per share
 
0.170

 
0.170

 
0.170

 
0.175