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Document and Entity Information	3 Months Ended
Document and Entity Information	Oct. 31, 2013 shares
Entity Information
Entity Registrant Name	OIL DRI CORP OF AMERICA
Entity Central Index Key	0000074046
Current Fiscal Year End Date	--07-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Oct. 31, 2013
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q1
Amendment Flag	false
Common Stock
Entity Information
Entity Common Stock, Shares Outstanding	4,978,893
Common Class B
Entity Information
Entity Common Stock, Shares Outstanding	2,074,927

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2013	Jul. 31, 2013
Current Assets
Cash and cash equivalents	$ 17,776	$ 24,035
Short-term investments	15,187	18,459
Accounts receivable, less allowance of $656 and $641 at October 31, 2013 and July 31, 2013, respectively	31,732	31,148
Inventories	22,344	20,723
Deferred income taxes	3,986	3,986
Prepaid repairs expense	3,265	3,458
Prepaid expenses and other assets	2,252	1,563
Total Current Assets	96,542	103,372
Property, Plant and Equipment
Cost	187,070	184,137
Less accumulated depreciation and amortization	(119,840)	(118,082)
Total Property, Plant and Equipment, Net	67,230	66,055
Other Assets
Goodwill	5,162	5,162
Trademarks and patents, net of accumulated amortization of $433 and $427 at October 31, 2013 and July 31, 2013, respectively	577	581
Debt issuance costs, net of accumulated amortization of $472 and $455 at October 31, 2013 and July 31 2013, respectively	293	309
Licensing agreements and non-compete agreements, net of accumulated amortization of $1,924 and $1,861 at October 31, 2013 and July 31, 2013, respectively	316	378
Deferred income taxes	1,987	2,164
Other	6,322	5,538
Total Other Assets	14,657	14,132
Total Assets	178,429	183,559
Current Liabilities
Current maturities of notes payable	3,500	3,500
Accounts payable	6,907	6,483
Dividends payable	1,242	1,236
Accrued expenses:
Salaries, wages and commissions	3,526	9,087
Trade promotions and advertising	4,124	2,824
Freight	2,274	2,154
Other	5,741	6,163
Total Current Liabilities	27,314	31,447
Noncurrent Liabilities
Notes payable	18,900	22,400
Deferred compensation	8,820	8,569
Pension and postretirement benefits	16,582	16,362
Other	1,943	1,843
Total Noncurrent Liabilities	46,245	49,174
Total Liabilities	73,559	80,621
Stockholders’ Equity
Additional paid-in capital	32,439	31,317
Restricted unearned stock compensation	(2,595)	(1,824)
Retained earnings	134,382	132,750
Accumulated other comprehensive income:
Unrealized gain on marketable securities	78	86
Pension and postretirement benefits	(5,551)	(5,608)
Cumulative translation adjustment	420	487
Total accumulated other comprehensive income	(5,053)	(5,035)
Less Treasury Stock, at cost (2,915,567 Common and 324,741 Class B shares at October 31, 2013 and 2,914,567 Common and 324,741 Class B shares at July 31, 2013)	(55,332)	(55,296)
Total Stockholders’ Equity	104,870	102,938
Total Liabilities & Stockholders’ Equity	178,429	183,559
Common Stock
Stockholders’ Equity
Common Stock, par value $.10 per share	789	787
Common Class B
Stockholders’ Equity
Common Stock, par value $.10 per share	$ 240	$ 239

Condensed Consolidated Balance Sheet Parenthetical - USD ($) $ in Thousands	Oct. 31, 2013	Jul. 31, 2013
Current Assets
Allowance for doubtful accounts	$ 656	$ 641
Other Assets
Accumulated amortization Trademarks and patents	433	427
Accumulated amortization Debt issuance costs	472	455
Accumulated amortization Licensing and non-compete agreements	$ 1,924	$ 1,861
Common Stock
Stockholder's Equity
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, shares issued	7,894,460	7,866,560
Treasury stock, common shares	2,915,567	2,914,567
Common Class B
Stockholder's Equity
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, shares issued	2,399,668	2,394,487
Treasury stock, common shares	324,741	324,741

Condensed Consolidated Statements of Income and Retained Earnings - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Oct. 31, 2013	Oct. 31, 2012
Net Sales	$ 63,546	$ 61,417
Cost of Sales	(47,046)	(44,186)
Gross Profit	16,500	17,231
Selling, General and Administrative Expenses	(12,158)	(10,820)
Capacity Rationalization Charges	0	(12)
Income from Operations	4,342	6,399
Other Income (Expense)
Interest expense	(424)	(481)
Interest income	10	9
Other, net	(35)	130
Total Other Income (Expense), Net	(449)	(342)
Income Before Income Taxes	3,893	6,057
Income taxes	(1,006)	(1,605)
Net Income	2,887	4,452
Retained Earnings
Balance at beginning of period	132,750	122,901
Cash dividends declared and treasury stock issuances	(1,255)	(1,157)
Balance at end of period	$ 134,382	$ 126,196
Net Income Per Share
Diluted (in dollars per share)	$ 0.41	$ 0.64
Average Shares Outstanding
Diluted (in shares)	6,973	6,879
Common Stock
Net Income Per Share
Basic Common (in dollars per share)	$ 0.44	$ 0.69
Average Shares Outstanding
Basic Common (in shares)	4,955	4,879
Common Class B
Net Income Per Share
Basic Common (in dollars per share)	$ 0.33	$ 0.52
Average Shares Outstanding
Basic Common (in shares)	1,992	1,943

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2013	Oct. 31, 2012
Net Income	$ 2,887	$ 4,452
Other Comprehensive Income (net of tax):
Unrealized (loss) gain on marketable securities	(8)	3
Pension and postretirement benefits	57	150
Cumulative translation adjustment	(67)	16
Other Comprehensive Income	(18)	169
Total Comprehensive Income	$ 2,869	$ 4,621

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2013	Oct. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income	$ 2,887	$ 4,452
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Depreciation and amortization	2,231	2,255
Amortization of investment net discount	(1)	(2)
Non-cash stock compensation expense	241	203
Excess tax benefits for share-based payments	(13)	(11)
Deferred income taxes	37	92
Provision for bad debts	20	34
(Gain) Loss on the sale of fixed assets	(13)	10
Capacity rationalization charges	0	12
(Increase) Decrease in:
Accounts receivable	(604)	(1,187)
Inventories	(1,621)	(1,325)
Prepaid expenses	(496)	547
Other assets	(4)	42
Increase (Decrease) in:
Accounts payable	367	17
Accrued expenses	(4,313)	(1,530)
Deferred compensation	251	209
Pension and postretirement benefits	277	674
Other liabilities	102	(68)
Total Adjustments	(3,539)	(28)
Net Cash (Used in) Provided by Operating Activities	(652)	4,424
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(3,382)	(2,157)
Proceeds from sale of property, plant and equipment	14	4
Advance payment for acquisition	(800)	0
Purchases of short-term investments	(5,272)	(3,480)
Dispositions of short-term investments	8,545	4,705
Net Cash Used in Investing Activities	(895)	(928)
CASH FLOWS FROM FINANCING ACTIVITIES
Principal payments on notes payable	(3,500)	(2,300)
Dividends paid	(1,236)	(1,155)
Purchase of treasury stock	0	(9)
Proceeds from issuance of treasury stock	39	0
Proceeds from issuance of common stock	12	62
Excess tax benefits for share-based payments	13	11
Net Cash Used in Financing Activities	(4,672)	(3,391)
Effect of exchange rate changes on cash and cash equivalents	(40)	(21)
Net (Decrease) Increase in Cash and Cash Equivalents	(6,259)	84
Cash and Cash Equivalents, Beginning of Period	24,035	27,093
Cash and Cash Equivalents, End of Period	$ 17,776	$ 27,177

Basis of Statement Presentation	3 Months Ended
Basis of Statement Presentation	Oct. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Statement Presentation	BASIS OF STATEMENT PRESENTATION The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and in compliance with instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The financial statements and the related notes are condensed and should be read in conjunction with the consolidated financial statements and related notes for the year ended July 31, 2013 included in our Annual Report on Form 10-K filed with the SEC. The unaudited condensed consolidated financial statements include the accounts of Oil-Dri Corporation of America and its subsidiaries. All significant intercompany transactions are eliminated. Except as otherwise indicated herein or as the context otherwise requires, references to “Oil-Dri,” the “Company,” “we,” “us” or “our” refer to Oil-Dri Corporation of America and its subsidiaries. The unaudited condensed consolidated financial statements reflect all adjustments, consisting of normal recurring accruals, which are, in the opinion of management, necessary for a fair presentation of the statements contained herein. Operating results for the three months ended October 31, 2013 are not necessarily an indication of the results that may be expected for the fiscal year ending July 31, 2014. The preparation of the unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires the use of estimates and assumptions related to the reporting of assets, liabilities, revenues, expenses and related disclosures. Estimates and assumptions are revised periodically. Actual results could differ from these estimates. Under the terms of our sales agreements with customers, we recognize revenue when risk of loss and title are transferred. An invoice is generated upon shipment that sets the fixed and determinable price. Trade promotion reserves are provided for sales incentives made directly to consumers, such as coupons, and made to customers, such as slotting, discounts based on sales volume, cooperative marketing programs and other arrangements. Such trade promotion costs are netted against sales. Sales returns and allowances are not material. Selling, general and administrative expenses include salaries, wages and benefits associated with staff outside the manufacturing and distribution functions, all advertising and marketing-related costs, any miscellaneous trade spending expenses not required to be included in net sales, research and development costs, depreciation and amortization related to assets outside the manufacturing and distribution process and all other non-manufacturing and non-distribution expenses. We evaluate our allowance for doubtful accounts utilizing a combination of historical experience and periodic review of our accounts receivable aging and specific customer account analysis. A customer account is determined to be uncollectible when we have completed our internal collection procedures, including termination of shipments, direct customer contact and formal demand of payment. As part of our overall operations, we mine sorbent materials on property that we either own or lease. A significant part of our overall mining cost is incurred during the process of removing the overburden (non-usable material) from the mine site, thus exposing the sorbent material used in a majority of our production processes. These stripping costs are treated as a variable inventory production cost and are included in cost of sales in the period they are incurred. The pre-production overburden removal costs associated with opening a new mine are deferred as prepaid expense and amortized. Additionally, it is our policy to capitalize the purchase cost of land and mineral rights, including associated legal fees, survey fees and real estate fees. The costs of obtaining mineral patents, including legal fees and drilling expenses, are also capitalized. Pre-production development costs on new mines and any prepaid royalties that may be offset against future royalties due upon extraction of the minerals are also capitalized. All exploration related costs are expensed as incurred. We perform ongoing reclamation activities during the normal course of our overburden removal. As overburden is removed from a mine site, it is hauled to previously mined sites and is used to refill older sites. This process allows us to continuously reclaim older mine sites and dispose of overburden simultaneously, thereby minimizing the costs associated with the reclamation process.

New Accounting Pronouncements	3 Months Ended
New Accounting Pronouncements	Oct. 31, 2013
NEW ACCOUNTING PRONOUNCEMENTS [Abstract]
New Accounting Pronouncements	NEW ACCOUNTING PRONOUNCEMENTS Recently Adopted Accounting Standards In this Quarterly Report on Form 10-Q for the first quarter of fiscal 2014 we adopted new guidance from the Financial Accounting Standard Board (“FASB”) issued under Accounting Standard Codification (“ASC”) 220, Comprehensive Income-Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. The guidance required presentation by the respective net income line items, either on the face of the statement where net income is presented or in the notes, of information about significant amounts required to be reclassified out of accumulated other comprehensive income (“AOCI”). We elected to present the reclassifications in the notes to the financial statements. See Note 8 for additional information regarding amounts reclassified from AOCI. We considered the FASB guidance issued under ASC 350, Testing Indefinite-Lived Intangible Assets for Impairment, which provides the option to first assess qualitative factors to determine if the annual two-step test for impairment must be performed. Based on the relevant events and circumstances that could have affected the significant inputs used to determine the fair value of our indefinite-lived intangible assets, we determined that it is more likely than not that these assets are not impaired and we did not perform a quantitative impairment assessment. There was no impact on our condensed consolidated financial statements as a result of this new guidance.

Inventories

3 Months Ended

Oct. 31, 2013

Inventory Disclosure [Abstract]

Inventory Disclosure

INVENTORIES

The composition of inventories is as follows (in thousands):



	October 31, 2013		July 31, 2013
Finished goods	$	12,876	$	12,112
Packaging	4,581		4,003
Other	4,887		4,608
Total Inventories	$	22,344	$	20,723

Inventories are valued at the lower of cost (first-in, first-out) or market. Inventory costs include the cost of raw materials, packaging supplies, labor and other overhead costs. We perform a quarterly review of our inventory items to determine if an obsolescence reserve adjustment is necessary. The review surveys all of our operating facilities and sales groups to ensure that both historical issues and new market trends are considered. The allowance not only considers specific items, but also takes into consideration the overall value of the inventory as of the balance sheet date. The inventory obsolescence reserve values at October 31, 2013 and July 31, 2013 were $397,000 and $364,000, respectively.

Fair Value Measurements

3 Months Ended

Oct. 31, 2013

Fair Value Disclosures [Abstract]

Fair Value Measurements

FAIR VALUE MEASUREMENTS

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The inputs used to measure fair value are prioritized into categories based on the lowest level of input that is significant to the fair value measurement. The categories in the hierarchy are as follows:



Level 1:	Financial assets and liabilities whose values are based on quoted market prices in active markets for identical assets or liabilities.
Level 2:	Financial assets and liabilities whose values are based on:
	1) Quoted prices for similar assets or liabilities in active markets.
	2) Quoted prices for identical or similar assets or liabilities in markets that are not active.
	3) Valuation models whose inputs are observable, directly or indirectly, for substantially the full term of the asset or liability.
Level 3:	Financial assets and liabilities whose values are based on valuation techniques that require inputs that are unobservable. These inputs may reflect estimates of the assumptions that market participants would use in valuing the financial assets and liabilities.

The following table summarizes our financial assets and liabilities that were measured at fair value by level within the fair value hierarchy:



	Fair Value at October 31, 2013
	(in thousands)
	Total		Level 1		Level 2
Assets
Cash equivalents	$	7,971	$	7,971	$	—
Marketable equity securities	81		81		—
Cash surrender value of life insurance	4,468		—		4,468

Cash equivalents are classified as Level 1 of the fair value hierarchy because they were valued using quoted market prices in active markets. These cash instruments are primarily money market mutual funds and are included in cash and cash equivalents on the condensed Consolidated Balance Sheets.

Marketable equity securities were valued using quoted market prices in active markets and as such are classified as Level 1 in the fair value hierarchy. These securities represent stock we own in one publicly traded company and are included in other assets on the condensed Consolidated Balance Sheets.

Cash surrender value of life insurance is classified as Level 2. The value was determined by the underwriting insurance company’s valuation models, which take into account the passage of time, mortality tables, interest rates, cash values for paid-up additions and dividend accumulations. The cash surrender value represents the guaranteed value we would receive upon surrender of these policies held on former key employees as of October 31, 2013. The cash surrender value of life insurance is included in other assets on the condensed Consolidated Balance Sheets.

The short-term investments on the condensed Consolidated Balance Sheets includes U.S. Treasury securities and certificates of deposit. We have the ability to hold our short-term investments to maturity and intend to do so; therefore, these investments were reported at amortized cost on the condensed Consolidated Balance Sheets, which approximated fair value as of October 31, 2013. These balances are excluded from the above table.

Accounts receivable and accounts payable balances on the condensed Consolidated Balance Sheets approximated their fair values at October 31, 2013 due to the short maturity and nature of those balances; therefore, these balances are excluded from the above table.

The carrying values of notes payable approximated their fair values at October 31, 2013 and are excluded from the above table. The estimated fair value of notes payable, including current maturities, was $23,638,000 as of October 31, 2013. Our debt does not trade on a daily basis in an active market, therefore the fair value estimate is based on market observable borrowing rates currently available for debt with similar terms and average maturities and is classified as Level 2.

We apply fair value techniques on a non-recurring basis associated with: (1) valuing potential impairment loss related to goodwill and indefinite-lived intangible assets and (2) valuing potential impairment loss related to long-lived assets. Our annual goodwill impairment analysis was performed in the first quarter of fiscal 2014 and did not indicate any impairment.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Pension and Other Postretirement Benefits

3 Months Ended

Oct. 31, 2013

Pension and Other Postretirement Benefit Expense [Abstract]

Pension and Other Postretirement Benefits Disclosure

PENSION AND OTHER POSTRETIREMENT BENEFITS

The components of net periodic pension and postretirement health benefit costs were as follows:



	Pension Benefits
	(in thousands)
	For the Three Months Ended October 31,
	2013			2012
Service cost	$	360		$	459
Interest cost	436			388
Expected return on plan assets	(429		)	(382		)
Amortization of:
Prior service costs	3			3
Other actuarial loss	78			222
Net periodic benefit cost	$	448		$	690

	Postretirement Health Benefits
	(in thousands)
	For the Three Months Ended October 31,
	2013			2012
Service cost	$	30		$	34
Interest cost	29			24
Amortization of:
Net transition obligation	4			4
Prior service costs	(1		)	—
Other actuarial loss	7			13
Net periodic benefit cost	$	69		$	75

Our plan covering postretirement health benefits is an unfunded plan. We have funded the pension plan based upon actuarially determined contributions that take into account the amount deductible for income tax purposes, the normal cost and the minimum and the maximum contribution requirements of various regulations. We contributed $207,000 to our pension plan during the three months ended October 31, 2013. We estimate contributions will be $831,000 for the remainder of fiscal 2014. See Item 3. "Quantitative and Qualitative Disclosures About Market Risk" for a discussion of the potential impact of financial market fluctuations on pension plan assets and future funding contributions.

Assumptions used in the previous calculations were as follows:



	Pension Benefits				Postretirement Health Benefits
	For the Three Months Ended October 31,
	2013		2012		2013		2012
Discount rate for net periodic benefit cost	4.80	%	3.75	%	4.80	%	3.75	%
Rate of increase in compensation levels	3.50	%	3.50	%	—		—
Long-term expected rate of return on assets	7.50	%	7.50	%	—		—

The medical cost trend assumption for postretirement health benefits was 8.0%. The graded trend rate is expected to decrease to an ultimate rate of 5.0% in fiscal 2024.

Operating Segment

3 Months Ended

Oct. 31, 2013

Segment Reporting [Abstract]

Operating Segment Disclosure

OPERATING SEGMENTS

We have two operating segments: (1) Retail and Wholesale Products and (2) Business to Business Products. These segments are managed separately because each business has different customer characteristics. Net sales and operating income for each segment are provided below. Revenues by product line are not provided because it would be impracticable to do so. The accounting policies of the segments are the same as those described in Note 1 of the Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended July 31, 2013.

We do not rely on any operating segment asset allocations and we do not consider them meaningful because of the shared nature of most of our production facilities; however, we have estimated the segment asset allocations below for those assets for which we can reasonably determine. The unallocated asset category is the remainder of our total assets. The asset allocation is estimated and is not a measure used by our chief operating decision maker about allocating resources to the operating segments or in assessing their performance. The corporate expenses line includes certain unallocated expenses, including primarily salaries, wages and benefits, purchased services, rent, utilities and depreciation and amortization associated with corporate functions such as research and development, information systems, finance, legal, human resources and customer service. Corporate expenses also include the estimated annual incentive plan bonus accrual.



	Assets
	October 31, 2013		July 31, 2013
	(in thousands)
Business to Business Products	$	54,950	$	53,721
Retail and Wholesale Products	77,727		76,376
Unallocated Assets	45,752		53,462
Total Assets	$	178,429	$	183,559



	For the Three Months Ended October 31,
	Net Sales				Income
	2013		2012		2013			2012
	(in thousands)
Business to Business Products	$	23,915	$	21,782	$	7,651		$	7,523
Retail and Wholesale Products	39,631		39,635		1,275			4,524
Total Sales	$	63,546	$	61,417
Corporate Expenses					(4,584		)	(5,636		)
Capacity Rationalization Charges					—			(12		)
Income from Operations					4,342			6,399
Total Other Expense, Net					(449		)	(342		)
Income before Income Taxes					3,893			6,057
Income Taxes					(1,006		)	(1,605		)
Net Income					$	2,887		$	4,452

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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-Name Accounting Standards Codification
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

+ Details

Stock-Based Compensation

3 Months Ended

Oct. 31, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Disclosure of Compensation Related Costs, Share-based Payments

STOCK-BASED COMPENSATION

We determine the fair value of stock options and restricted stock issued under our long term incentive plans as of the grant date. We recognized the related compensation expense over the period from the date of grant to the date when the award is no longer contingent on the employee providing additional service to the Company.

The Oil-Dri Corporation of America 2006 Long Term Incentive Plan (the “2006 Plan”) permits the grant of stock options, stock appreciation rights, restricted stock, restricted stock units, performance awards and other stock-based and cash-based awards. Our employees and outside directors are eligible to receive grants under the 2006 Plan. The total number of shares of stock subject to grants under the 2006 Plan may not exceed 937,500. Stock options have been granted to our outside directors with a vesting period of one year and stock options granted to employees generally vest 25% two years after the grant date and in each of the three following anniversaries of the grant date. In addition, restricted shares have been issued under the 2006 Plan as described in the restricted stock section below.

The Oil-Dri Corporation of America Outside Director Stock Plan provides for grants of stock options to directors. Stock options have been granted to our directors with a one year vesting period. There are no shares available for future grants under this plan. All shares of stock issued under this plan were from treasury stock.

Stock Options

A summary of stock option transactions as of October 31, 2013 is shown below:



	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value
	(in thousands)				(Years)	(in thousands)
Options outstanding, July 31, 2013	60		$	14.25	2.3	$	1,059
Exercised	(4	)	$	12.00		$	90
Forfeitures	(8	)	$	9.43
Options outstanding, October 31, 2013	48		$	15.27	2.6	$	966
Options exercisable, October 31, 2013	48		$	15.27	2.6	$	966

The amount of cash received from the exercise of stock options during the first quarter of fiscal 2014 was $51,000 and the related tax benefit was $24,000. The amount of cash received from the exercise of stock options during the first quarter of fiscal 2013 was $61,000 and the related tax benefit was $13,000.

No stock options were granted in the first three months of either fiscal 2014 or 2013.

Restricted Stock

All of our non-vested restricted stock as of October 31, 2013 was issued under the 2006 Plan with vesting periods between two years and five years.

Under the 2006 Plan, 22,000 restricted shares of Common Stock and 10,000 restricted shares of Class B stock were granted in the first quarter of fiscal 2014. In the first quarter of fiscal 2013, 7,000 restricted shares of Class B stock were granted.

Included in our stock-based compensation expense in the first quarter of fiscal years 2014 and 2013 was $241,000 and $203,000, respectively, related to non-vested restricted stock.

A summary of restricted stock transactions under the plan is shown below:



	Restricted Shares (in thousands)		Weighted Average Grant Date Fair Value
Non-vested restricted stock outstanding at July 31, 2013	117		$	22.24
Vested	(26	)	$	21.74
Granted	32		$	34.55
Forfeitures	(4	)	$	21.80
Non-vested restricted stock outstanding at October 31, 2013	119		$	25.67

Accumulated Other Comprehensive Income (Notes)

3 Months Ended

Oct. 31, 2013

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income

ACCUMULATED OTHER COMPREHENSIVE INCOME

The following table summarizes the changes in accumulated other comprehensive income by component as of October 31, 2013 (in thousands):



	Unrealized Gain (Loss) on Marketable Securities			Pension and Postretirement Health Benefits				Cumulative Translation Adjustment			Total Accumulated Other Comprehensive Income
Balance as of July 31, 2013	$	86		$	(5,608	)		$	487		$	(5,035	)
Other comprehensive income before reclassifications, net of tax	(8		)	—				(67		)	(75		)
Amounts reclassified from accumulated other comprehensive income, net of tax	—			57			a)	—			57
Net current-period other comprehensive income, net of tax	(8		)	57				(67		)	(18		)
Balance as of October 31, 2013	$	78		$	(5,551	)		$	420		$	(5,053	)

a) Amount is net of tax expense of $34,000. Amounts are included in the components of net periodic benefit cost for the pension and postretirement health plans. See Note 5 for further information.

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e689-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=28358780&loc=SL7669619-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e640-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e716-108580

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e709-108580

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e637-108580

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e681-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

+ Details

Subsequent Event (Notes)	3 Months Ended
Subsequent Event (Notes)	Oct. 31, 2013
Subsequent Events [Abstract]
Subsequent Events [Text Block]	SUBSEQUENT EVENT On November 1, 2013, we acquired certain assets of MFM Industries, Inc. (“MFM”), including the customer list, mining and manufacturing equipment, packaging materials, inventory, intellectual property and other clay cat litter business assets. We will not operate the MFM plant and we did not acquire any land or mineral rights. MFM's customers' orders are being transferred to our cat litter manufacturing plants with available capacity and similar cat litter products. This transaction qualifies as a business combination for accounting purposes. Prior to October 31, 2013, an $800,000 deposit was paid to be held in trust and was subsequently applied upon the closing of the transaction toward the MFM acquisition purchase price. This deposit was included in other assets on the Condensed Consolidated Balance Sheets as of October 31, 2013. We also incurred approximately $116,000 for certain acquisition-related costs during the first quarter of fiscal 2014, which are included in selling, general and administrative expenses on the Condensed Consolidated Statements of Income and Retained Earnings. When the transaction closed on November 1, 2013, an additional $11,900,000 payment was made, plus a $500,000 payment was deposited in escrow to satisfy our obligation, if any, to indemnify MFM for expenses incurred to prepare and sell the land retained by MFM. We used existing cash and investment balances to fund these payments. In addition, under the purchase agreement, we are entitled to receive half of any proceeds resulting from the ultimate sale of the real property. Further information about this acquisition is not available as of the date of filing of this Form 10-Q because the results of the business valuation are pending and the parties are still in the process of working through certain post-closing provisions under the terms of the purchase agreement, including terms which may adjust the final purchase price. As of the date of filing of this Form 10-Q, we expect there to be a reduction in the final purchase price based upon the post-closing inventory adjustment provisions and therefore expect to receive a payment from MFM of approximately $100,000.

Basis of Statement Presentation Level 2 (Policies)	3 Months Ended
Basis of Statement Presentation Level 2 (Policies)	Oct. 31, 2013
BASIS OF STATEMENT PRESENTATION [Abstract]
Revenue Recognition	Under the terms of our sales agreements with customers, we recognize revenue when risk of loss and title are transferred. An invoice is generated upon shipment that sets the fixed and determinable price. Trade promotion reserves are provided for sales incentives made directly to consumers, such as coupons, and made to customers, such as slotting, discounts based on sales volume, cooperative marketing programs and other arrangements. Such trade promotion costs are netted against sales. Sales returns and allowances are not material.
Selling, General and Administrative Expenses	Selling, general and administrative expenses include salaries, wages and benefits associated with staff outside the manufacturing and distribution functions, all advertising and marketing-related costs, any miscellaneous trade spending expenses not required to be included in net sales, research and development costs, depreciation and amortization related to assets outside the manufacturing and distribution process and all other non-manufacturing and non-distribution expenses.
Trade Receivable	We evaluate our allowance for doubtful accounts utilizing a combination of historical experience and periodic review of our accounts receivable aging and specific customer account analysis. A customer account is determined to be uncollectible when we have completed our internal collection procedures, including termination of shipments, direct customer contact and formal demand of payment.
Overburden Removal and Mining Costs	As part of our overall operations, we mine sorbent materials on property that we either own or lease. A significant part of our overall mining cost is incurred during the process of removing the overburden (non-usable material) from the mine site, thus exposing the sorbent material used in a majority of our production processes. These stripping costs are treated as a variable inventory production cost and are included in cost of sales in the period they are incurred. The pre-production overburden removal costs associated with opening a new mine are deferred as prepaid expense and amortized. Additionally, it is our policy to capitalize the purchase cost of land and mineral rights, including associated legal fees, survey fees and real estate fees. The costs of obtaining mineral patents, including legal fees and drilling expenses, are also capitalized. Pre-production development costs on new mines and any prepaid royalties that may be offset against future royalties due upon extraction of the minerals are also capitalized. All exploration related costs are expensed as incurred.
Reclamation	We perform ongoing reclamation activities during the normal course of our overburden removal. As overburden is removed from a mine site, it is hauled to previously mined sites and is used to refill older sites. This process allows us to continuously reclaim older mine sites and dispose of overburden simultaneously, thereby minimizing the costs associated with the reclamation process.

- Definition

Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction.

+ References + Details

- Definition

Disclosure of accounting policy for trade and other accounts receivables. This disclosure may include the basis at which such receivables are carried in the entity's statements of financial position (for example, net realizable value), how the entity determines the level of its allowance for doubtful accounts, when impairments, charge-offs or recoveries are recognized, and the entity's income recognition policies for such receivables, including its treatment of related fees and costs, its treatment of premiums, discounts or unearned income, when accrual of interest is discontinued, how the entity records payments received on nonaccrual receivables and its policy for resuming accrual of interest on such receivables. If the enterprise holds a large number of similar loans, disclosure may include the accounting policy for the anticipation of prepayments and significant assumptions underlying prepayment estimates for amortization of premiums, discounts, and nonrefundable fees and costs.

+ References + Details

Inventories Level 2 (Policies)	3 Months Ended
Inventories Level 2 (Policies)	Oct. 31, 2013
INVENTORIES [Abstract]
Inventories	Inventories are valued at the lower of cost (first-in, first-out) or market. Inventory costs include the cost of raw materials, packaging supplies, labor and other overhead costs. We perform a quarterly review of our inventory items to determine if an obsolescence reserve adjustment is necessary. The review surveys all of our operating facilities and sales groups to ensure that both historical issues and new market trends are considered. The allowance not only considers specific items, but also takes into consideration the overall value of the inventory as of the balance sheet date.

- Definition

Disclosure of accounting policy for major classes of inventories, bases of stating inventories (for example, lower of cost or market), methods by which amounts are added and removed from inventory classes (for example, FIFO, LIFO, or average cost), loss recognition on impairment of inventories, and situations in which inventories are stated above cost. If inventory is carried at cost, this disclosure includes the nature of the cost elements included in inventory.

+ References + Details

Operating Segment Level 2 (Policies)	3 Months Ended
Operating Segment Level 2 (Policies)	Oct. 31, 2013
Segment Reporting [Abstract]
Operating Segment	We have two operating segments: (1) Retail and Wholesale Products and (2) Business to Business Products. These segments are managed separately because each business has different customer characteristics. Net sales and operating income for each segment are provided below. Revenues by product line are not provided because it would be impracticable to do so. The accounting policies of the segments are the same as those described in Note 1 of the Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended July 31, 2013.

Stock-Based Compensation Level 2 (Policies)	3 Months Ended
Stock-Based Compensation Level 2 (Policies)	Oct. 31, 2013
STOCK-BASED COMPENSATION [Abstract]
Stock-based Compensation Policy	We determine the fair value of stock options and restricted stock issued under our long term incentive plans as of the grant date. We recognized the related compensation expense over the period from the date of grant to the date when the award is no longer contingent on the employee providing additional service to the Company.

Inventories Level 3 (Tables)

3 Months Ended

Oct. 31, 2013

INVENTORIES [Abstract]

Inventories

The composition of inventories is as follows (in thousands):



	October 31, 2013		July 31, 2013
Finished goods	$	12,876	$	12,112
Packaging	4,581		4,003
Other	4,887		4,608
Total Inventories	$	22,344	$	20,723

Fair Value Measurements (Tables)

3 Months Ended

Oct. 31, 2013

FAIR VALUE MEASUREMENTS [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table summarizes our financial assets and liabilities that were measured at fair value by level within the fair value hierarchy:



	Fair Value at October 31, 2013
	(in thousands)
	Total		Level 1		Level 2
Assets
Cash equivalents	$	7,971	$	7,971	$	—
Marketable equity securities	81		81		—
Cash surrender value of life insurance	4,468		—		4,468

Pension and Other Postretirement Benefits (Tables)

3 Months Ended

Oct. 31, 2013

PENSION AND OTHER POSTRETIREMENT BENEFITS [Abstract]

Schedule of Net Benefit Costs

The components of net periodic pension and postretirement health benefit costs were as follows:



	Pension Benefits
	(in thousands)
	For the Three Months Ended October 31,
	2013			2012
Service cost	$	360		$	459
Interest cost	436			388
Expected return on plan assets	(429		)	(382		)
Amortization of:
Prior service costs	3			3
Other actuarial loss	78			222
Net periodic benefit cost	$	448		$	690

	Postretirement Health Benefits
	(in thousands)
	For the Three Months Ended October 31,
	2013			2012
Service cost	$	30		$	34
Interest cost	29			24
Amortization of:
Net transition obligation	4			4
Prior service costs	(1		)	—
Other actuarial loss	7			13
Net periodic benefit cost	$	69		$	75

Schedule of Assumptions Used

Assumptions used in the previous calculations were as follows:



	Pension Benefits				Postretirement Health Benefits
	For the Three Months Ended October 31,
	2013		2012		2013		2012
Discount rate for net periodic benefit cost	4.80	%	3.75	%	4.80	%	3.75	%
Rate of increase in compensation levels	3.50	%	3.50	%	—		—
Long-term expected rate of return on assets	7.50	%	7.50	%	—		—

The medical cost trend assumption for postretirement health benefits was 8.0%. The graded trend rate is expected to decrease to an ultimate rate of 5.0% in fiscal 2024.

Operating Segment (Tables)

3 Months Ended

Oct. 31, 2013

Segment Reporting [Abstract]

Operating Segment Information



	Assets
	October 31, 2013		July 31, 2013
	(in thousands)
Business to Business Products	$	54,950	$	53,721
Retail and Wholesale Products	77,727		76,376
Unallocated Assets	45,752		53,462
Total Assets	$	178,429	$	183,559



	For the Three Months Ended October 31,
	Net Sales				Income
	2013		2012		2013			2012
	(in thousands)
Business to Business Products	$	23,915	$	21,782	$	7,651		$	7,523
Retail and Wholesale Products	39,631		39,635		1,275			4,524
Total Sales	$	63,546	$	61,417
Corporate Expenses					(4,584		)	(5,636		)
Capacity Rationalization Charges					—			(12		)
Income from Operations					4,342			6,399
Total Other Expense, Net					(449		)	(342		)
Income before Income Taxes					3,893			6,057
Income Taxes					(1,006		)	(1,605		)
Net Income					$	2,887		$	4,452

Stock-Based Compensation (Tables)

3 Months Ended

Oct. 31, 2013

STOCK-BASED COMPENSATION [Abstract]

Schedule of Stock Options Activity

A summary of stock option transactions as of October 31, 2013 is shown below:



	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value
	(in thousands)				(Years)	(in thousands)
Options outstanding, July 31, 2013	60		$	14.25	2.3	$	1,059
Exercised	(4	)	$	12.00		$	90
Forfeitures	(8	)	$	9.43
Options outstanding, October 31, 2013	48		$	15.27	2.6	$	966
Options exercisable, October 31, 2013	48		$	15.27	2.6	$	966

Schedule of Restricted Stock Transactions

A summary of restricted stock transactions under the plan is shown below:



	Restricted Shares (in thousands)		Weighted Average Grant Date Fair Value
Non-vested restricted stock outstanding at July 31, 2013	117		$	22.24
Vested	(26	)	$	21.74
Granted	32		$	34.55
Forfeitures	(4	)	$	21.80
Non-vested restricted stock outstanding at October 31, 2013	119		$	25.67

Accumulated Other Comprehensive Income (Tables)

3 Months Ended

Oct. 31, 2013

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income by Component

The following table summarizes the changes in accumulated other comprehensive income by component as of October 31, 2013 (in thousands):



	Unrealized Gain (Loss) on Marketable Securities			Pension and Postretirement Health Benefits				Cumulative Translation Adjustment			Total Accumulated Other Comprehensive Income
Balance as of July 31, 2013	$	86		$	(5,608	)		$	487		$	(5,035	)
Other comprehensive income before reclassifications, net of tax	(8		)	—				(67		)	(75		)
Amounts reclassified from accumulated other comprehensive income, net of tax	—			57			a)	—			57
Net current-period other comprehensive income, net of tax	(8		)	57				(67		)	(18		)
Balance as of October 31, 2013	$	78		$	(5,551	)		$	420		$	(5,053	)

a) Amount is net of tax expense of $34,000. Amounts are included in the components of net periodic benefit cost for the pension and postretirement health plans. See Note 5 for further information.

Inventories (Details) - USD ($) $ in Thousands	Oct. 31, 2013	Jul. 31, 2013
Finished goods	$ 12,876	$ 12,112
Packaging	4,581	4,003
Other	4,887	4,608
Total Inventories	$ 22,344	$ 20,723

Inventories Narrative (Details) - USD ($)	Oct. 31, 2013	Jul. 31, 2013
Inventory obsolescence reserve	$ 397,000	$ 364,000

Fair Value Measurements (Details) $ in Thousands	Oct. 31, 2013 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents	$ 7,971
Marketable equity securities	81
Cash surrender value of life insurance	4,468
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents	7,971
Marketable equity securities	81
Cash surrender value of life insurance	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Cash equivalents	0
Marketable equity securities	0
Cash surrender value of life insurance	$ 4,468

Fair Value Measurements Narrative (Details)	Oct. 31, 2013 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Notes Payable, Fair Value	$ 23,638,000

Pension and Other Postretirement Benefits (Details) - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2013	Oct. 31, 2012
Pension Plan
Defined Benefit Plans and Other Postretirement Benefit Plans
Service cost	$ 360	$ 459
Interest cost	436	388
Expected return on plan assets	(429)	(382)
Amortization of Prior service costs	3	3
Amortization of Other actuarial loss	78	222
Net periodic benefit cost	448	690
Postretirement Health Plan
Defined Benefit Plans and Other Postretirement Benefit Plans
Service cost	30	34
Interest cost	29	24
Amortization of Net transition obligation	4	4
Amortization of Prior service costs	(1)	0
Amortization of Other actuarial loss	7	13
Net periodic benefit cost	$ 69	$ 75

Pension and Other Postretirement Benefits Assumptions (Details)	3 Months Ended
	Oct. 31, 2013	Oct. 31, 2012
Pension Plan
Defined Benefit Plans and Other Postretirement Benefit Plans
Discount rate for net periodic benefit cost	4.80%	3.75%
Rate of increase in compensation levels	3.50%	3.50%
Long-term expected rate of return on assets	7.50%	7.50%
Postretirement Health Plan
Defined Benefit Plans and Other Postretirement Benefit Plans
Discount rate for net periodic benefit cost	4.80%	3.75%
Rate of increase in compensation levels	0.00%	0.00%
Long-term expected rate of return on assets	0.00%	0.00%

Pension and Other Postretirement Benefits Narrative (Details)	3 Months Ended
	Oct. 31, 2013 USD ($)
Pension Plan
Defined Benefit Plans and Other Postretirement Benefit Plans
Employer contributions to date during current fiscal year	$ 207,000
Estimated contributions in remainder of current fiscal year	$ 831,000
Postretirement Health Plan
Defined Benefit Plans and Other Postretirement Benefit Plans
Medical Cost Trend Assumption	8.00%
Ultimate Health Care Cost Trend Rate	5.00%
Year that Rate Reaches Ultimate Trend Rate	2024

Operating Segment (Details) - USD ($) $ in Thousands	3 Months Ended
Operating Segment (Details) - USD ($) $ in Thousands	Oct. 31, 2013	Oct. 31, 2012	Jul. 31, 2013
Segment Reporting Information
Assets	$ 178,429		$ 183,559
Total Sales	63,546	$ 61,417
Corporate Expenses	(4,584)	(5,636)
Capacity Rationalization Charges	0	(12)
Income from Operations	4,342	6,399
Total Other Expense, Net	(449)	(342)
Income before Income Taxes	3,893	6,057
Income Taxes	(1,006)	(1,605)
Net Income	2,887	4,452
Business to Business Products
Segment Reporting Information
Assets	54,950		53,721
Segment Net Sales	23,915	21,782
Segment Income	7,651	7,523
Retail and Wholesale Products
Segment Reporting Information
Assets	77,727		76,376
Segment Net Sales	39,631	39,635
Segment Income	1,275	$ 4,524
Unallocated Assets
Segment Reporting Information
Assets	$ 45,752		$ 53,462

Stock-Based Compensation (Details) - Stock Options - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended	12 Months Ended
	Oct. 31, 2013	Jul. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award
Options Outstanding, Number (shares)	48	60
Options, Outstanding, Weighted Average Exercise Price	$ 15.27	$ 14.25
Options, Outstanding, Weighted Average Remaining Contractual Term (years)	2 years 6 months 19 days	2 years 3 months 19 days
Options, Outstanding, Aggregate Intrinsic Value	$ 966	$ 1,059
Exercised, Number (shares)	(4)
Exercised, Weighted Average Exercise Price	$ 12.00
Exercised, Aggregate Intrinsic Value	$ 90
Forfeitures, Number (shares)	(8)
Forfeitures, Weighted Average Exercise Price	$ 9.43
Options Exercisable, Number (shares)	48
Exercisable, Weighted Average Exercise Price	$ 15.27
Exercisable, Weighted Average Remaining Contractual Term (years)	2 years 6 months 19 days
Exercisable, Aggregate Intrinsic Value	$ 966

Stock-Based Compensation Summary of Restricted Stock Transactions (Details) - Restricted Stock - $ / shares shares in Thousands	3 Months Ended
	Oct. 31, 2013	Jul. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award
Non-vested Restricted Stock Outstanding, Number (shares)	119	117
Vested, Number (shares)	(26)
Vested, Weighted Average Grant Date Fair Value	$ 21.74
Granted, Number (shares)	32
Granted, Weighted Average Grant Date Fair Value	$ 34.55
Forfeitures, Number (shares)	(4)
Forfeiture, Weighted Average Grant Date Fair Value	$ 21.80
Non-vested Restricted Stock Outstanding, Weighted Average Grant Date Fair Value	$ 25.67	$ 22.24

Stock-Based Compensation Narrative (Details) - USD ($)	3 Months Ended
Stock-Based Compensation Narrative (Details) - USD ($)	Oct. 31, 2013	Oct. 31, 2012
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award
Cash Received from Exercise of Stock Options	$ 51,000	$ 61,000
Tax Benefit Realized from Exercise of Stock Options	$ 24,000	$ 13,000
Options, Granted (shares)	0	0
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award
Restricted Stock Granted, Number (shares)	32,000
Directors' Plan \| Stock Options
Share-based Compensation Arrangement by Share-based Payment Award
Award Vesting Period (Years)	1 year
Number available for grant (shares)	0
2006 Plan
Share-based Compensation Arrangement by Share-based Payment Award
Number Authorized (shares)	937,500
2006 Plan \| Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award
Award Vesting Period, Minimum (years)	2 years
Award Vesting Period, Maximum (years)	5 years
Share-based Compensation Expense	$ 241,000	$ 203,000
2006 Plan - Director Stock Option \| Stock Options
Share-based Compensation Arrangement by Share-based Payment Award
Award Vesting Period (Years)	1 year
2006 Plan - Employee Stock Options \| Stock Options
Share-based Compensation Arrangement by Share-based Payment Award
Annual Vesting Percentage	25.00%
Number of years after grant date vesting starts (years)	2 years
Number of consecutive years vesting occurs after initial vest date (years)	3 years
Common Stock \| 2006 Plan \| Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award
Restricted Stock Granted, Number (shares)	22,000
Common Class B \| 2006 Plan \| Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award
Restricted Stock Granted, Number (shares)	10,000	7,000

Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2013	Oct. 31, 2012
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income, Balance, beginning	$ (5,035)
Other comprehensive income, before reclassifications, net of tax	(75)
Amounts reclassified from accumulated other comprehensive income, net of tax	57
Net current-period other comprehensive income, net of tax	(18)	$ 169
Accumulated Other Comprehensive Income, Balance, ending	(5,053)
Unrealized Gain (Loss) on Marketable Securities
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income, Balance, beginning	86
Other comprehensive income, before reclassifications, net of tax	(8)
Amounts reclassified from accumulated other comprehensive income, net of tax	0
Net current-period other comprehensive income, net of tax	(8)
Accumulated Other Comprehensive Income, Balance, ending	78
Pension and Postretirement Health Benefits
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income, Balance, beginning	(5,608)
Other comprehensive income, before reclassifications, net of tax	0
Amounts reclassified from accumulated other comprehensive income, net of tax	(57)
Net current-period other comprehensive income, net of tax	57
Accumulated Other Comprehensive Income, Balance, ending	(5,551)
Cumulative Translation Adjustment
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income, Balance, beginning	487
Other comprehensive income, before reclassifications, net of tax	(67)
Amounts reclassified from accumulated other comprehensive income, net of tax	0
Net current-period other comprehensive income, net of tax	(67)
Accumulated Other Comprehensive Income, Balance, ending	$ 420

- Definition

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References + Details

Accumulated Other Comprehensive Income Narrative (Details)	3 Months Ended
	Oct. 31, 2013 USD ($)
Accumulated Other Comprehensive Income
Tax for reclassification adjustment from AOCI for pension and other postretirement benefits	$ 34,000

Subsequent Event (Details)	3 Months Ended
Subsequent Event (Details)	Oct. 31, 2013 USD ($)
Subsequent Event
Deposit For Business Acquisition	$ 800,000
Business Acquisition Related Costs	116,000
Cash Consideration Paid For Business Acquisition Subsequent Event	11,900,000
Cash Paid For Contingent Liability Deposit Subsequent Event	500,000
Estimated post-closing consideration adjustment	$ 100,000