|
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
|
Apr. 30, 2012
|
Jul. 31, 2011
|
| ASSETS |
|
|
| Cash and cash equivalents |
$ 147,986 |
$ 215,435 |
| Accounts receivable: |
|
|
| Trade, less allowance for doubtful accounts of $566 at 4/30/12 and $549 at 7/31/11 |
274,256 |
162,188 |
| Other |
12,218 |
7,305 |
| Inventories |
200,903 |
184,498 |
| Notes receivable |
1,000 |
7,562 |
| Prepaid expenses and other |
5,193 |
5,191 |
| Deferred income taxes |
41,140 |
41,588 |
| Total current assets |
682,696 |
623,767 |
| Property, plant and equipment: |
|
|
| Land |
23,999 |
23,261 |
| Buildings and improvements |
163,722 |
162,627 |
| Machinery and equipment |
84,086 |
82,349 |
| Total cost |
271,807 |
268,237 |
| Less accumulated depreciation |
108,435 |
100,023 |
| Net property, plant and equipment |
163,372 |
168,214 |
| Investments - in joint venture |
2,041 |
2,741 |
| Other assets: |
|
|
| Goodwill |
245,209 |
244,452 |
| Amortizable intangible assets |
116,982 |
125,255 |
| Long-term notes receivable |
22,160 |
22,801 |
| Other |
10,494 |
10,840 |
| Total other assets |
394,845 |
403,348 |
| TOTAL ASSETS |
1,242,954 |
1,198,070 |
| LIABILITIES AND STOCKHOLDERS' EQUITY |
|
|
| Accounts payable |
171,889 |
119,494 |
| Accrued liabilities: |
|
|
| Compensation and related items |
40,862 |
34,599 |
| Product warranties |
67,438 |
66,054 |
| Income and other taxes |
18,033 |
14,037 |
| Promotions and rebates |
11,762 |
12,345 |
| Product/property and related liabilities |
14,528 |
16,241 |
| Other |
20,494 |
15,828 |
| Total current liabilities |
345,006 |
278,598 |
| Other long-term liabilities |
15,430 |
15,315 |
| Unrecognized income tax benefits |
46,429 |
43,024 |
| Deferred income taxes |
22,272 |
24,859 |
| Total long-term liabilities |
84,131 |
83,198 |
| Stockholders' equity: |
|
|
| Preferred stock - authorized 1,000,000 shares; none outstanding |
|
|
| Common stock - par value of $.10 per share; authorized 250,000,000 shares; issued 61,751,349 shares at 4/30/12 and 61,697,349 at 7/31/11 |
6,175 |
6,170 |
| Additional paid-in capital |
191,678 |
190,127 |
| Retained earnings |
882,140 |
829,148 |
| Accumulated other comprehensive loss |
(72) |
(67) |
| Less treasury shares of 8,857,339 at 4/30/12 and 5,857,339 at 7/31/11, at cost |
(266,104) |
(189,104) |
| Total stockholders' equity |
813,817 |
836,274 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
$ 1,242,954 |
$ 1,198,070 |