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Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Jul. 31, 2012
Jul. 31, 2011
Jul. 31, 2010
Net sales $ 3,084,660 $ 2,755,508 $ 2,276,557
Cost of products sold 2,727,884 2,422,373 1,969,471
Gross profit 356,776 333,135 307,086
Selling, general and administrative expenses 169,154 180,858 147,407
Impairment of goodwill and trademarks   3,466 500
Amortization of intangible assets 11,135 10,262 510
Gain on involuntary conversion   9,417 7,593
Interest income 3,765 3,910 5,515
Interest expense 560 212 395
Other income, net 999 963 11
Income before income taxes 180,691 152,627 171,393
Income taxes 58,952 46,354 61,329
Net income 121,739 106,273 110,064
Earnings per common share      
Basic $ 2.26 $ 1.92 $ 2.08
Diluted $ 2.26 $ 1.92 $ 2.07
Net income 121,739 106,273 110,064
Unrealized appreciation on investments, net of tax effects of $6, $158 and $231 7 257 368
Foreign currency translation adjustment, net of tax effects of $0, $0 and $1,080     (1,762)
Total other comprehensive income (loss) 7 257 (1,394)
Comprehensive income $ 121,746 $ 106,530 $ 108,670