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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, 2013
Jul. 31, 2012
Jul. 31, 2011
Impairment charges $ 13,525   $ 3,466
Amortization of intangible assets 11,037 11,135 10,262
Income from continuing operations before income taxes 221,972 165,388 132,337
Income taxes 70,296 53,953 40,690
Net income from continuing operations 151,676 111,435 91,647
Income from discontinued operations, net of income taxes 1,186 10,304 14,626
Net income 152,862 121,739 106,273
Earnings per common share from continuing operations:      
Basic $ 2.86 $ 2.07 $ 1.66
Diluted $ 2.86 $ 2.07 $ 1.66
Earnings per common share from discontinued operations:      
Basic $ 0.02 $ 0.19 $ 0.26
Diluted $ 0.02 $ 0.19 $ 0.26
Earnings per common share:      
Basic $ 2.88 $ 2.26 $ 1.92
Diluted $ 2.88 $ 2.26 $ 1.92
Net income 152,862 121,739 106,273
Unrealized appreciation on investments, net of tax effects of $23, $6 and $158 38 7 257
Comprehensive income 152,900 121,746 106,530
Continuing Operations
     
Net sales 3,241,795 2,639,798 2,340,442
Cost of products sold 2,817,256 2,320,268 2,041,506
Gross profit 424,539 319,530 298,936
Selling, general and administrative expenses 194,650 148,260 160,532
Impairment charges 2,000   2,036
Amortization of intangible assets 10,460 10,651 9,595
Interest income 2,628 3,744 3,880
Interest expense 6 47 1
Other income, net $ 1,921 $ 1,072 $ 1,685