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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jul. 31, 2012
Jul. 31, 2011
Current Assets    
Cash and cash equivalents $ 27,093 $ 17,885
Investment in short-term securities 9,163 15,837
Accounts receivable, less allowance of $626 and $607 in 2012 and 2011, respectively 30,225 29,217
Inventories 19,673 19,230
Deferred income taxes 2,611 1,193
Prepaid repairs expense 3,549 3,782
Prepaid expenses and other assets 2,888 4,672
Total Current Assets 95,202 91,816
Property, Plant and Equipment    
Buildings and leasehold improvements 28,338 27,642
Machinery and equipment 109,181 115,978
Office furniture and equipment 9,720 9,993
Vehicles 10,621 10,570
Gross depreciable assets 157,860 164,183
Less accumulated depreciation and amortization (112,254) (121,251)
Net depreciable assets 45,606 42,932
Construction in progress 2,572 8,949
Land 16,275 16,147
Total Property, Plant and Equipment, Net 64,453 68,028
Other Assets    
Goodwill 5,162 5,162
Trademarks and patents, net of accumulated amortization of $409 and $381 in 2012 and 2011, respectively 576 589
Debt issuance costs, net of accumulated amortization of $380 and $333 in 2012 and 2011, respectively 385 463
Licensing agreements and non-compete agreements, net of accumulated amortization of $1,611 and $1,361 in 2012 and 2011, respectively 627 878
Deferred income taxes 3,224 2,107
Other 4,638 4,350
Total Other Assets 14,612 13,549
Total Assets 174,267 173,393
Current Liabilities    
Current maturities of notes payable 3,800 3,600
Accounts payable 6,700 6,369
Dividends payable 1,154 1,129
Accrued expenses    
Salaries, wages and commissions 6,201 4,143
Trade promotions and advertising 3,302 2,270
Freight 2,585 2,135
Other 5,380 6,834
Total Current Liabilities 29,122 26,480
Noncurrent Liabilities    
Notes payable 25,900 29,700
Deferred compensation 8,117 7,196
Pension and postretirement benefits 24,241 13,235
Other 1,579 1,484
Total Noncurrent Liabilities 59,837 51,615
Total Liabilities 88,959 78,095
Stockholders’ Equity    
Additional paid-in capital 29,759 29,213
Restricted unearned stock compensation (2,214) (2,446)
Retained earnings 122,901 121,388
Accumulated Other Comprehensive Income    
Unrealized gain on marketable securities 72 71
Pension and postretirement benefits (11,591) (5,315)
Cumulative translation adjustment 573 799
Less Treasury Stock, at cost (2,911,564 Common and 324,741 Class B shares in 2012 and 2,642,387 Common and 324,741 Class B shares in 2011) (55,208) (49,424)
Total Stockholders’ Equity 85,308 95,298
Total Liabilities and Stockholders’ Equity 174,267 173,393
Common Stock
   
Stockholders’ Equity    
Common Stock, par value $.10 779 775
Common Class B
   
Stockholders’ Equity    
Common Stock, par value $.10 $ 237 $ 237