|
Condensed Consolidated Statements of Income and Retained Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Apr. 30, 2013
|
Apr. 30, 2012
|
Apr. 30, 2013
|
Apr. 30, 2012
|
|
| Net Sales | $ 64,152 | $ 59,780 | $ 186,691 | $ 179,565 |
| Cost of Sales | (47,261) | (45,075) | (136,300) | (136,103) |
| Gross Profit | 16,891 | 14,705 | 50,391 | 43,462 |
| Selling, General and Administrative Expenses | (12,209) | (11,743) | (35,863) | (33,875) |
| Capacity Rationalization Charges | (8) | 0 | (70) | 0 |
| Income from Operations | 4,674 | 2,962 | 14,458 | 9,587 |
| Other Income (Expense) | ||||
| Interest expense | (447) | (529) | (1,374) | (1,557) |
| Interest income | 7 | 8 | 24 | 22 |
| Other, net | 207 | 193 | 421 | 334 |
| Total Other Income (Expense), Net | (233) | (328) | (929) | (1,201) |
| Income Before Income Taxes | 4,441 | 2,634 | 13,529 | 8,386 |
| Income taxes | (1,190) | (742) | (3,680) | (2,180) |
| Net Income | 3,251 | 1,892 | 9,849 | 6,206 |
| Retained Earnings | ||||
| Balance at beginning of period | 122,901 | 121,388 | ||
| Cash dividends declared and treasury stock issuances | 3,502 | 3,475 | ||
| Balance at end of period | $ 129,248 | $ 124,119 | $ 129,248 | $ 124,119 |
| Net Income Per Share | ||||
| Diluted (in dollars per share) | $ 0.46 | $ 0.26 | $ 1.40 | $ 0.86 |
| Average Shares Outstanding | ||||
| Diluted (in shares) | 6,938 | 7,117 | 6,916 | 7,116 |
|
Common Stock
|
||||
| Net Income Per Share | ||||
| Basic Common (in dollars per share) | $ 0.50 | $ 0.28 | $ 1.52 | $ 0.93 |
| Average Shares Outstanding | ||||
| Basic Common (in shares) | 4,923 | 5,115 | 4,899 | 5,118 |
|
Common Class B
|
||||
| Net Income Per Share | ||||
| Basic Common (in dollars per share) | $ 0.37 | $ 0.21 | $ 1.14 | $ 0.70 |
| Average Shares Outstanding | ||||
| Basic Common (in shares) | 1,980 | 1,938 | 1,966 | 1,932 |