Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2018
Jul. 31, 2017
Current assets:    
Cash and cash equivalents $ 94,097 $ 36,584
Accounts receivable, net of allowance for doubtful accounts of $1,149 and $1,808 118,642 110,656
Inventories, net 107,592 98,724
Prepaid expenses and other current assets 17,912 11,407
Total current assets 338,243 257,371
Property and equipment, net 111,417 88,338
Intangible assets, net 137,361 124,512
Goodwill 368,027 311,445
Other assets 5,749 4,707
Deferred income taxes 2,911 0
Total assets 963,708 786,373
Current liabilities:    
Accounts payable 34,258 27,469
Compensation payable 30,595 27,468
Accrued expenses 28,525 23,393
Deferred revenue 28,614 25,282
Current portion of long-term debt 10,000 0
Income taxes payable 2,791 3,167
Total current liabilities 134,783 106,779
Long-term debt 187,302 126,000
Deferred income taxes 27,624 24,714
Other long-term liabilities 5,132 4,948
Total liabilities 354,841 262,441
Commitments and Contingencies
Stockholders’ equity:    
Preferred Stock, par value $1.00 per share; authorized 1,000,000 shares; none issued 0 0
Common Stock, par value $.10 per share; authorized 75,000,000 shares; issued 46,243,582 shares and outstanding 41,706,084 shares as of July 31, 2018; issued 46,194,374 shares and outstanding 41,728,934 shares as of July 31, 2017 4,624 4,619
Additional paid-in capital 184,212 174,602
Retained earnings 491,540 407,590
Accumulated other comprehensive loss (11,456) (9,900)
Treasury Stock, at cost; 4,537,498 shares as of July 31, 2018; 4,465,440 shares as of July 31, 2017 (60,053) (52,979)
Total stockholders’ equity 608,867 523,932
Total liabilities and stockholders' equity $ 963,708 $ 786,373