Stock Compensation Plan (Tables)

12 Months Ended

Jul. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule Of Share Based Compensation Valuation Model

The risk-free rate for periods within the contractual life of the equity award is based on the United States Treasury yield curve in effect at the time of grant.

	Year Ended July 31,
	2015	2014	2013
Expected volatility	40.6%	41.2%	42.6%
Expected dividends	1.9%	1.2%	1.5%
Expected term (average in years)	4.9-5.6	5.5-5.9	6.0-6.2
Risk-free rate	0.1-2.6%	0.1-2.8%	0.2-1.6%

Schedule Of Share Based Compensation Option And SARs Award Activity

A summary of aggregate option and SARs award activity under the Plan as of July 31, 2013, 2014 and 2015, and changes during the years then ended is presented below (in thousands, except exercise price and contractual term):

	Awards		Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding at August 1, 2012	3,170		$	34.20
Granted	412		57.43
Exercised	(735	)	33.22
Forfeited or expired	(94	)	43.21
Outstanding at July 31, 2013	2,753		$	37.63
Granted	352		73.13
Exercised	(321	)	37.62
Forfeited or expired	(28	)	48.87
Outstanding at July 31, 2014	2,756		$	42.06
Granted	242		91.64
Exercised	(575	)	36.20
Forfeited or expired	(38	)	75.99
Outstanding at July 31, 2015	2,385		$	47.96	5.7 years	$	147,196
Vested and expected to vest at July 31, 2015	2,355		$	47.63	5.7 years	$	146,176
Exercisable at July 31, 2015	1,817		$	38.80	4.9 years	$	128,829

Schedule of Share Based Compensation SARs Activity

A summary of the status of the Company’s nonvested SARs as of July 31, 2015, and changes during the year then ended, is presented below (in thousands, except fair value amounts):

	Awards	Weighted-Average Grant-Date Fair Value
Outstanding at July 31, 2014	783	$	19.42
Granted	242	29.12
Vested	(420)	17.41
Forfeited	(38)	26.57
Nonvested at July 31, 2015	567	$	24.56

Schedule Of Share Based Compensation Restricted Stock Units Activity

A summary of the status of the Company’s nonvested restricted share units as of July 31, 2015, and changes during the year then ended, is presented below (in thousands, except fair value amounts):

	Awards	Weighted-Average Grant-Date Fair Value
Outstanding at July 31, 2014	274	$	58.68
Granted	143	83.50
Vested	(113)	54.38
Forfeited	(33)	70.91
Nonvested at July 31, 2015	271	$	72.10