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Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Jul. 31, 2014
Jul. 31, 2013
Jul. 31, 2012
Net sales $ 3,525,456 $ 3,241,795 $ 2,639,798
Cost of products sold 3,055,060 2,817,256 2,320,268
Gross profit 470,396 424,539 319,530
Selling, general and administrative expenses 208,712 194,650 148,260
Impairment charges 710 2,000  
Amortization of intangible assets 12,920 10,460 10,651
Interest income 1,577 2,628 3,744
Interest expense 10 6 47
Other income, net 3,198 1,921 1,072
Income from continuing operations before income taxes 252,819 221,972 165,388
Income taxes 77,303 70,296 53,953
Net income from continuing operations 175,516 151,676 111,435
Income from discontinued operations, net of income taxes 3,486 1,186 10,304
Net income 179,002 152,862 121,739
Earnings per common share from continuing operations:      
Basic $ 3.29 $ 2.86 $ 2.07
Diluted $ 3.29 $ 2.86 $ 2.07
Earnings per common share from discontinued operations:      
Basic $ 0.07 $ 0.02 $ 0.19
Diluted $ 0.06 $ 0.02 $ 0.19
Earnings per common share:      
Basic $ 3.36 $ 2.88 $ 2.26
Diluted $ 3.35 $ 2.88 $ 2.26
Net income 179,002 152,862 121,739
Unrealized appreciation on investments, net of tax effects of $12, $23 and $6 22 38 7
Comprehensive income $ 179,024 $ 152,900 $ 121,746