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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, 2014
Oct. 31, 2013
Net sales $ 921,992 $ 799,963
Cost of products sold 804,327 694,780
Gross profit 117,665 105,183
Selling, general and administrative expenses 57,989 48,341
Amortization of intangible assets 3,689 2,838
Impairment charges   710
Interest income 367 510
Interest expense   5
Other income, net 352 642
Income from continuing operations before income taxes 56,706 54,441
Income taxes 17,505 18,047
Net income from continuing operations 39,201 36,394
Income (loss) from discontinued operations, net of income taxes (276) 4,714
Net income 38,925 41,108
Weighted average common shares outstanding:    
Basic 53,336,592 53,205,004
Diluted 53,433,447 53,299,476
Earnings per common share from continuing operations:    
Basic $ 0.73 $ 0.68
Diluted $ 0.73 $ 0.68
Earnings (loss) per common share from discontinued operations:    
Basic $ 0.00 $ 0.09
Diluted $ 0.00 $ 0.09
Earnings per common share:    
Basic $ 0.73 $ 0.77
Diluted $ 0.73 $ 0.77
Net income 38,925 41,108
Unrealized appreciation on investments, net of income tax   22
Comprehensive income $ 38,925 $ 41,130
Regular Dividend
   
Earnings per common share:    
Dividends paid per common share $ 0.27 $ 0.23
Special Dividend
   
Earnings per common share:    
Dividends paid per common share $ 0.00 $ 1.00