XML 38 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Statements of Consolidated Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Oct. 31, 2011
Oct. 31, 2010
Condensed Statements of Consolidated Income [Abstract]        
Net sales $ 1,513,905 $ 1,278,913 $ 2,702,788 $ 2,326,225
Cost of Products Sold 1,002,517 772,171 1,749,890 1,401,595
Cost of products sold - restructuring 11,804 12,072 21,470 21,525
Cost of products sold - merger and integration 915 0 1,675 0
Gross Profit 498,669 494,670 929,753 903,105
Selling, distribution, and administrative expenses 236,602 222,821 453,154 426,082
Amortization 20,559 18,501 40,794 36,998
Other restructuring costs 10,356 8,345 20,253 26,449
Other Merger and Integration Costs 6,871 2,773 11,556 5,429
Loss on sale of business 11,287 0 11,287 0
Other operating expense - net 1,380 2,194 392 2,944
Operating Income 211,614 240,036 392,317 405,203
Interest income 324 572 626 1,005
Interest expense (19,448) (18,505) (34,870) (35,044)
Other income (expense) - net 711 (376) 1,954 317
Income Before Income Taxes 193,201 221,727 360,027 371,481
Income taxes 65,954 72,001 121,257 118,874
Net Income $ 127,247 $ 149,726 $ 238,770 $ 252,607
Earnings per common share:        
Net Income, in USD per share $ 1.12 $ 1.25 $ 2.09 $ 2.12
Net Income - Assuming Dilution, in USD per share $ 1.12 $ 1.25 $ 2.09 $ 2.11
Dividends declared per common share $ 0.48 $ 0.40 $ 0.96 $ 0.80