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Consolidated Statements Of Cash Flows (USD $)
In Thousands
12 Months Ended
Jul. 31, 2011
Jul. 31, 2010
Jul. 31, 2009
Cash flows from operating activities:      
Net income $ 106,273 $ 110,064 $ 17,143
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 13,747 12,719 13,007
Amortization of intangibles 10,262 510 476
Goodwill and trademark impairment 3,466 500 10,281
Deferred income tax provision (benefit) (2,839) (3,459) 6,411
(Gain)/Loss on disposition of property, plant & equipment 71 252 (420)
Stock-based compensation 2,707 1,387 657
Excess tax benefits from stock-based awards (516)    
Gain on involuntary conversion of assets (2,190) (3,216)  
Loss on divestiture of operating subsidiary   323  
Changes in assets and liabilities (excluding acquisition):      
Accounts receivable 14,648 (49,184) 30,739
Inventories (17,448) (29,987) 47,304
Notes receivable 2,424 1,884 (10,000)
Prepaid expenses and other (3,118) 3,283 (600)
Accounts payable (15,403) 25,238 (17,548)
Accrued liabilities (3,275) 42,005 (45,051)
Other liabilities 5,993 (11,667) (3,829)
Net cash provided by operating activities 114,802 100,652 48,570
Cash flows from investing activities:      
Purchases of property, plant & equipment (33,749) (12,297) (5,625)
Proceeds from dispositions of property, plant & equipment 690 4,966 2,890
Proceeds from dispositions of investments 3,700 115,850 10,850
Proceeds on dissolution of joint venture     1,578
Issuance of note receivable   (10,000) (10,000)
Insurance proceeds from involuntary conversion of assets 2,569 4,214  
Acquisition of operating subsidiaries (99,562) (19,756)  
Net cash provided by (used in) investing activities (126,352) 82,977 (307)
Cash flows from financing activities:      
Cash dividends (22,329) (42,408) (15,523)
Purchase of treasury stock   (115,420)  
Excess tax benefits from stock-based awards 516    
Proceeds from issuance of common stock 1,047 16 27
Net cash used in financing activities (20,766) (157,812) (15,496)
Effect of exchange rate changes on cash   250 (703)
Net increase (decrease) in cash and cash equivalents (32,316) 26,067 32,064
Cash and cash equivalents, beginning of year 247,751 221,684 189,620
Cash and cash equivalents, end of year 215,435 247,751 221,684
Supplemental cash flow information:      
Income taxes paid 57,789 54,206 23,622
Interest paid 212 395 525
Non-cash transactions:      
Capital expenditures in accounts payable 472 523 53
Common stock issued in business acquisition $ 90,531