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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2017
Jul. 31, 2016
Current Assets    
Cash and cash equivalents $ 17,560 $ 18,629
Short-term investments 7,358 10,184
Accounts receivable, less allowance of $881 and $753 at January 31, 2017 and July 31, 2016, respectively 32,047 30,386
Inventories 23,217 23,251
Deferred income taxes 3,884 3,884
Prepaid repairs expense 4,054 3,938
Prepaid expenses and other assets 4,658 901
Total Current Assets 92,778 91,173
Property, Plant and Equipment    
Cost 217,359 218,025
Less accumulated depreciation and amortization (135,861) (137,314)
Total Property, Plant and Equipment, Net 81,498 80,711
Other Assets    
Goodwill 9,034 9,034
Trademarks and patents, net of accumulated amortization of $279 and $261 at January 31, 2017 and July 31, 2016, respectively 999 916
Customer list, net of accumulated amortization of $4,031 and $3,460 at January 31, 2017 and July 31, 2016, respectively 3,754 4,325
Deferred income taxes 12,319 12,754
Other 6,192 5,902
Total Other Assets 32,298 32,931
Total Assets 206,574 204,815
Current Liabilities    
Current maturities of notes payable 3,083 3,083
Accounts payable 7,316 6,635
Dividends payable 1,485 1,477
Accrued expenses:    
Salaries, wages and commissions 6,675 8,656
Trade promotions and advertising 2,487 2,855
Freight 1,699 1,579
Other 6,753 6,455
Total Current Liabilities 29,498 30,740
Noncurrent Liabilities    
Notes payable, net of unamortized debt issuance costs of $103 and $118 at January 31, 2017 and July 31, 2016, respectively 9,147 12,215
Deferred compensation 10,991 10,504
Pension and postretirement benefits 32,915 32,492
Other 3,518 3,313
Total Noncurrent Liabilities 56,571 58,524
Total Liabilities 86,069 89,264
Stockholders’ Equity    
Additional paid-in capital 35,288 34,294
Retained earnings 153,240 149,945
Accumulated other comprehensive loss:    
Pension and postretirement benefits (13,289) (13,867)
Cumulative translation adjustment (106) (155)
Total accumulated other comprehensive loss (13,395) (14,022)
Less Treasury Stock, at cost (2,906,777 Common and 324,741 Class B shares at January 31, 2017 and 2,912,953 Common and 324,741 Class B shares at July 31, 2016) (55,681) (55,716)
Total Stockholders' Equity 120,505 115,551
Total Liabilities & Stockholders’ Equity 206,574 204,815
Common Stock    
Stockholders’ Equity    
Common Stock, Value, Issued 802 798
Common Class B    
Stockholders’ Equity    
Common Stock, Value, Issued $ 251 $ 252