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Condensed Consolidated Statements of Income and Retained Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2012
Apr. 30, 2011
Net Sales $ 59,780 $ 55,538 $ 179,565 $ 169,024
Cost of Sales (45,075) (43,631) (136,103) (131,417)
Gross Profit 14,705 11,907 43,462 37,607
Selling, General and Administrative Expenses (11,743) (9,129) (33,875) (27,953)
Income from Operations 2,962 2,778 9,587 9,654
Other Income (Expense)        
Interest expense (529) (550) (1,557) (1,495)
Interest income 8 37 22 75
Other, net 193 359 334 424
Total Other Income (Expense), Net (328) (154) (1,201) (996)
Income Before Income Taxes 2,634 2,624 8,386 8,658
Income taxes (742) (764) (2,180) (2,502)
Net Income 1,892 1,860 6,206 6,156
Retained Earnings        
Retained Earnings at beginning of year     121,388 116,917
Cash dividends declared and treasury stock issuances     (3,475) (3,449)
Retained Earnings - April 30 $ 124,119 $ 119,624 $ 124,119 $ 119,624
Net Income Per Share        
Diluted (in dollars per share) $ 0.26 $ 0.26 $ 0.86 $ 0.86
Average Shares Outstanding        
Diluted (in shares) 7,117 7,076 7,116 7,105
Common Stock
       
Net Income Per Share        
Basic Common (in dollars per share) $ 0.28 $ 0.28 $ 0.93 $ 0.93
Average Shares Outstanding        
Basic Common (in shares) 5,115 5,069 5,118 5,079
Common Class B
       
Net Income Per Share        
Basic Common (in dollars per share) $ 0.21 $ 0.22 $ 0.70 $ 0.72
Average Shares Outstanding        
Basic Common (in shares) 1,938 1,914 1,932 1,906