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Condensed Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Oct. 31, 2013
Oct. 31, 2012
Net sales $ 799,963 $ 761,424
Cost of products sold 694,780 669,121
Gross profit 105,183 92,303
Selling, general and administrative expenses 48,341 46,702
Amortization of intangible assets 2,838 2,634
Impairment charges 710  
Interest income 510 776
Interest expense 5 3
Other income, net 642 428
Income from continuing operations before income taxes 54,441 44,168
Income taxes 18,047 15,419
Net income from continuing operations 36,394 28,749
Income from discontinued operations, net of income taxes 4,714 2,239
Net Income 41,108 30,988
Weighted average common shares outstanding:    
Basic 53,205,004 52,928,467
Diluted 53,299,476 53,035,582
Earnings per common share from continuing operations:    
Basic $ 0.68 $ 0.54
Diluted $ 0.68 $ 0.54
Earnings per common share from discontinued operations:    
Basic $ 0.09 $ 0.05
Diluted $ 0.09 $ 0.04
Earnings per common share:    
Basic $ 0.77 $ 0.59
Diluted $ 0.77 $ 0.58
Regular dividend declared and paid per common share $ 0.23 $ 0.18
Special dividend declared per common share $ 1.00  
Net income 41,108 30,988
Unrealized appreciation on investments, net of tax of $12 and $1 22 1
Comprehensive income $ 41,130 $ 30,989