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Unaudited Quarterly Financial Information (Tables) | 12 Months Ended
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Jul. 31, 2014
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information |
|  | Quarters
|  | First |  | Second |  | Third |  | Fourth |  | Total
2014 |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 307,530 |  |  | $ | 291,194 |  |  | $ | 309,577 |  |  | $ | 316,733 |  |  | $ | 1,225,034 |
Gross margin |  | 157,847 |  |  | 142,536 |  |  | 155,120 |  |  | 154,061 |  |  | 609,564 |
Operating income (loss) * |  | 29,689 |  |  | 18,346 |  |  | 26,767 |  |  | (116,013 | ) |  | (41,211 | )
Earnings (loss) from continuing operations |  | 18,135 |  |  | 10,517 |  |  | 20,183 |  |  | (96,981 | ) |  | (48,146 | )
Earnings (loss) from discontinued operations, net of income taxes ** |  | 5,795 |  |  | 5,907 |  |  | 3,904 |  |  | (13,428 | ) |  | 2,178 |
Net earnings (loss) from continuing operations per |  |  |  |  |  |  |  |  |  |
Class A Common Share: |  |  |  |  |  |  |  |  |  |
Basic*** |  | $ | 0.35 |  |  | $ | 0.20 |  |  | $ | 0.39 |  |  | $ | (1.89 | ) |  | $ | (0.93 | )
Diluted*** |  | $ | 0.35 |  |  | $ | 0.20 |  |  | $ | 0.39 |  |  | $ | (1.89 | ) |  | $ | (0.93 | )
Net earnings (loss) from discontinued operations per |  |  |  |  |  |  |  |  |  |
Class A Common Share: |  |  |  |  |  |  |  |  |  |
Basic*** |  | $ | 0.11 |  |  | $ | 0.11 |  |  | $ | 0.08 |  |  | $ | (0.26 | ) |  | $ | 0.04 |
Diluted*** |  | $ | 0.11 |  |  | $ | 0.11 |  |  | $ | 0.08 |  |  | $ | (0.26 | ) |  | $ | 0.04 |
2013 |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 272,015 |  |  | $ | 272,702 |  |  | $ | 302,483 |  |  | $ | 310,592 |  |  | $ | 1,157,792 |
Gross margin |  | 150,185 |  |  | 141,891 |  |  | 159,401 |  |  | 157,871 |  |  | 609,348 |
Operating income * |  | 43,236 |  |  | 21,797 |  |  | 30,935 |  |  | (178,524 | ) |  | (82,556 | )
Earnings from continuing operations |  | 26,291 |  |  | (10,671 | ) |  | 21,680 |  |  | (175,557 | ) |  | (138,257 | )
Earnings (loss) from discontinued operations, net of income taxes ** |  | 896 |  |  | 1,987 |  |  | (17,447 | ) |  | (1,714 | ) |  | (16,278 | )
Net earnings from continuing operations per |  |  |  |  |  |  |  |  |  |
Class A Common Share: |  |  |  |  |  |  |  |  |  |
Basic*** |  | $ | 0.51 |  |  | $ | (0.21 | ) |  | $ | 0.42 |  |  | $ | (3.40 | ) |  | $ | (2.70 | )
Diluted*** |  | $ | 0.51 |  |  | $ | (0.21 | ) |  | $ | 0.42 |  |  | $ | (3.40 | ) |  | $ | (2.70 | )
Net earnings (loss) from discontinued operations per |  |  |  |  |  |  |  |  |  |
Class A Common Share: |  |  |  |  |  |  |  |  |  |
Basic*** |  | $ | 0.02 |  |  | $ | 0.04 |  |  | $ | (0.34 | ) |  | $ | (0.03 | ) |  | $ | (0.32 | )
Diluted*** |  | $ | 0.02 |  |  | $ | 0.04 |  |  | $ | (0.34 | ) |  | $ | (0.03 | ) |  | $ | (0.32 | )
The quarterly financial data has been impacted by the reclassification of the Die-Cut business into discontinued operations. Refer to Note 15 within Item 8 for further information on discontinued operations. * In fiscal 2014, the Company recorded before tax impairment charges of $148,551 in the fourth quarter ended July 31, 2014 and before tax restructuring charges of $6,840, $4,324, $3,039 and $809 in the first, second, third, and fourth quarters of fiscal 2014, respectively, for a total of $15,012. In fiscal 2013, the Company recorded before tax impairment charges of $204,448 in the fourth quarter ended July 31, 2013 and before tax restructuring charges of $1,933, $8,540 and $15,573 in the second, third and fourth quarters of fiscal 2013, respectively, for a total of $26,046.
** | In fiscal 2014, the Company recorded restructuring charges of $6,989 and a loss on the sale of the Die Cut business of $1,602 in discontinued operations in the fourth quarter ended July 31, 2014. In fiscal 2013, the Company recorded a $15,658 loss to write-down the Die-Cut business to its estimated fair value less costs to sell in the three months ended April 30, 2013.
*** The sum of the quarters does not equal the year-to-date total for fiscal 2014 and fiscal 2013 due to the quarterly changes in weighted-average shares outstanding.

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=25249566&loc=d3e1280-108306 + Details
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