XML 115 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
Long-Term Debt
12 Months Ended
Jul. 31, 2013
Long-Term Debt [Abstract]  
Long-Term Debt

NOTE E  Long-Term Debt

 

Long-term debt consists of the following:

 

 

 

 

 

 

 

 

2013

 

2012

 

 

 

 

 

 

 

(thousands of dollars)

6.59% Unsecured senior notes, interest payable semi-annually,

 

 

 

 

 

principal payment of $80.0 million due November 14, 2013

 

80,000 

 

 

80,000 

5.48% Unsecured senior notes, interest payable semi-annually,

 

 

 

 

 

principal payment of $50.0 million due June 1, 2017

 

50,000 

 

 

50,000 

5.48% Unsecured senior notes, interest payable semi-annually,

 

 

 

 

 

principal payment of $25.0 million due September 28, 2017

 

25,000 

 

 

25,000 

5.48% Unsecured senior notes, interest payable semi-annually,

 

 

 

 

 

principal payment of $25.0 million due November 30, 2017

 

25,000 

 

 

25,000 

2.019% Guaranteed senior note, interest payable semi-annually,

 

 

 

 

 

principal payment of ¥1.65 billion due May 18, 2014

 

16,848 

 

 

21,117 

Capitalized lease obligations and other, with various maturity dates and

 

 

 

 

 

interest rates

 

2,520 

 

 

774 

Terminated interest rate swap contracts

 

2,070 

 

 

3,938 

Total

 

201,438 

 

 

205,829 

Less current maturities

 

98,664 

 

 

2,346 

Total long-term debt

$

102,774 

 

$

203,483 

 

Annual maturities of long-term debt are $98.7 million in 2014, $1.1 million in 2015, $1.1 million in 2016, $50.5 million in 2017, and $50.0 million thereafter. Certain note agreements contain debt covenants related to working capital levels and limitations on indebtedness.  As of July 31, 2013, the Company was in compliance with all such covenants.