Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands |
Jan. 31, 2017 |
Jul. 31, 2016 |
| Current Assets |
|
|
| Cash and cash equivalents |
$ 17,560
|
$ 18,629
|
| Short-term investments |
7,358
|
10,184
|
| Accounts receivable, less allowance of $881 and $753 at January 31, 2017 and July 31, 2016, respectively |
32,047
|
30,386
|
| Inventories |
23,217
|
23,251
|
| Deferred income taxes |
3,884
|
3,884
|
| Prepaid repairs expense |
4,054
|
3,938
|
| Prepaid expenses and other assets |
4,658
|
901
|
| Total Current Assets |
92,778
|
91,173
|
| Property, Plant and Equipment |
|
|
| Cost |
217,359
|
218,025
|
| Less accumulated depreciation and amortization |
(135,861)
|
(137,314)
|
| Total Property, Plant and Equipment, Net |
81,498
|
80,711
|
| Other Assets |
|
|
| Goodwill |
9,034
|
9,034
|
| Trademarks and patents, net of accumulated amortization of $279 and $261 at January 31, 2017 and July 31, 2016, respectively |
999
|
916
|
| Customer list, net of accumulated amortization of $4,031 and $3,460 at January 31, 2017 and July 31, 2016, respectively |
3,754
|
4,325
|
| Deferred income taxes |
12,319
|
12,754
|
| Other |
6,192
|
5,902
|
| Total Other Assets |
32,298
|
32,931
|
| Total Assets |
206,574
|
204,815
|
| Current Liabilities |
|
|
| Current maturities of notes payable |
3,083
|
3,083
|
| Accounts payable |
7,316
|
6,635
|
| Dividends payable |
1,485
|
1,477
|
| Accrued expenses: |
|
|
| Salaries, wages and commissions |
6,675
|
8,656
|
| Trade promotions and advertising |
2,487
|
2,855
|
| Freight |
1,699
|
1,579
|
| Other |
6,753
|
6,455
|
| Total Current Liabilities |
29,498
|
30,740
|
| Noncurrent Liabilities |
|
|
| Notes payable, net of unamortized debt issuance costs of $103 and $118 at January 31, 2017 and July 31, 2016, respectively |
9,147
|
12,215
|
| Deferred compensation |
10,991
|
10,504
|
| Pension and postretirement benefits |
32,915
|
32,492
|
| Other |
3,518
|
3,313
|
| Total Noncurrent Liabilities |
56,571
|
58,524
|
| Total Liabilities |
86,069
|
89,264
|
| Stockholders’ Equity |
|
|
| Additional paid-in capital |
35,288
|
34,294
|
| Retained earnings |
153,240
|
149,945
|
| Accumulated other comprehensive loss: |
|
|
| Pension and postretirement benefits |
(13,289)
|
(13,867)
|
| Cumulative translation adjustment |
(106)
|
(155)
|
| Total accumulated other comprehensive loss |
(13,395)
|
(14,022)
|
| Less Treasury Stock, at cost (2,906,777 Common and 324,741 Class B shares at January 31, 2017 and 2,912,953 Common and 324,741 Class B shares at July 31, 2016) |
(55,681)
|
(55,716)
|
| Total Stockholders' Equity |
120,505
|
115,551
|
| Total Liabilities & Stockholders’ Equity |
206,574
|
204,815
|
| Common Stock |
|
|
| Stockholders’ Equity |
|
|
| Common Stock, Value, Issued |
802
|
798
|
| Common Class B |
|
|
| Stockholders’ Equity |
|
|
| Common Stock, Value, Issued |
$ 251
|
$ 252
|