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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jan. 31, 2014
Jan. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 7,168 $ 6,598
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,860 4,475
Amortization of investment net discount (2) (3)
Non-cash stock compensation expense 560 413
Excess tax benefits for share-based payments (21) (199)
Deferred income taxes 79 184
Provision for bad debts 45 36
Loss on the sale of fixed assets 13 7
Capacity rationalization charges 0 62
(Increase) Decrease in assets, net of acquisition:    
Accounts receivable (5,919) (812)
Inventories (1,347) (2,513)
Prepaid expenses (725) 879
Other assets (312) 24
Increase (Decrease) in liabilities, net of acquisition:    
Accounts payable 381 (168)
Accrued expenses (3,558) 690
Deferred compensation 407 281
Pension and postretirement benefits 528 882
Other liabilities 243 (25)
Total Adjustments (4,768) 4,213
Net Cash Provided by Operating Activities 2,400 10,811
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (6,782) (5,009)
Proceeds from sale of property, plant and equipment 16 34
Acquisition of business (12,505) 0
Restricted cash (500) 0
Purchases of short-term investments (7,991) (12,147)
Dispositions of short-term investments 19,352 10,925
Net Cash Used in Investing Activities (8,410) (6,197)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on notes payable (3,500) (2,300)
Dividends paid (2,478) (4,630)
Purchase of treasury stock (13) (175)
Proceeds from issuance of treasury stock 39 82
Proceeds from issuance of common stock 12 571
Excess tax benefits for share-based payments 21 199
Net Cash Used in Financing Activities (5,919) (6,253)
Effect of exchange rate changes on cash and cash equivalents (24) (24)
Net Decrease in Cash and Cash Equivalents (11,953) (1,663)
Cash and Cash Equivalents, Beginning of Period 24,035 27,093
Cash and Cash Equivalents, End of Period $ 12,082 $ 25,430