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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jan. 31, 2016
Jan. 31, 2015
Cash flows from operating activities:    
Net income $ 95,165 $ 67,573
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 10,958 6,788
Amortization of intangible assets 11,882 7,656
Impairment charges 9,113  
Deferred income tax provision (1,261) (1,679)
(Gain) loss on disposition of property, plant and equipment 47 (78)
Stock-based compensation expense 4,679 3,327
Excess tax benefits from stock-based awards (291) (114)
Changes in assets and liabilities (excluding acquisitions):    
Accounts receivable (62,347) (17)
Inventories (28,430) (15,477)
Prepaid income taxes, expenses and other (8,083) (10,391)
Accounts payable 18,922 10,120
Accrued liabilities 1,231 (12,139)
Other liabilities 281 (2,407)
Net cash provided by operating activities 51,866 53,162
Cash flows from investing activities:    
Purchases of property, plant and equipment (24,539) (16,161)
Proceeds from dispositions of property, plant and equipment 47 41
Proceeds from notes receivable 8,367 1,400
Acquisitions, net of cash acquired   (49,265)
Other   15
Net cash used in investing activities (16,125) (63,970)
Cash flows from financing activities:    
Regular cash dividends paid (31,485) (28,824)
Principal payments on capital lease obligations (170)  
Excess tax benefits from stock-based awards 291 114
Payments related to vesting of stock-based awards (2,484) (1,562)
Net cash used in financing activities (33,848) (30,272)
Net increase (decrease) in cash and cash equivalents 1,893 (41,080)
Cash and cash equivalents, beginning of period 183,478 289,336
Cash and cash equivalents, end of period 185,371 248,256
Supplemental cash flow information:    
Income taxes paid 63,301 59,547
Interest paid 342 1
Non-cash transactions:    
Capital expenditures in accounts payable $ 585 $ 220