Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | |
|---|---|---|
Oct. 31, 2020 |
Oct. 31, 2019 |
|
| Net sales | ||
| Net sales | $ 297,029 | $ 257,246 |
| Cost of sales | ||
| Cost of sales | 149,663 | 141,377 |
| Gross profit | 147,366 | 115,869 |
| Expenses: | ||
| Selling | 40,063 | 38,411 |
| General and administrative | 49,378 | 55,287 |
| Research and development | 7,573 | 7,747 |
| Total operating expenses | 97,014 | 101,445 |
| Income from operations | 50,352 | 14,424 |
| Interest expense, net | 16,293 | 5,719 |
| Income before income taxes | 34,059 | 8,705 |
| Income taxes | 9,595 | 2,938 |
| Net income | $ 24,464 | $ 5,767 |
| Earnings per common share: | ||
| Basic (in dollars per share) | $ 0.58 | $ 0.14 |
| Diluted (in dollars per share) | 0.57 | 0.14 |
| Dividends per common share (in dollars per share) | $ 0 | $ 0 |
| Product sales | ||
| Net sales | ||
| Net sales | $ 263,570 | $ 225,678 |
| Cost of sales | ||
| Cost of sales | 129,655 | 120,586 |
| Product service | ||
| Net sales | ||
| Net sales | 33,459 | 31,568 |
| Cost of sales | ||
| Cost of sales | $ 20,008 | $ 20,791 |