Pall 10-Q 3 Dec 13 2014 Q1 Quarterly report Financial data

DOCUMENT_AND_ENTITY_INFORMATIO

DOCUMENT AND ENTITY INFORMATION	3 Months Ended
	Oct. 31, 2013	Nov. 29, 2013
Entity Information [Line Items]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Oct-13	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Entity Registrant Name	'PALL CORP	'
Entity Central Index Key	'0000075829	'
Current Fiscal Year End Date	'--07-31	'
Entity Well-known Seasoned Issuer	'Yes	'
Entity Voluntary Filers	'No	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	110,790,224

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Oct. 31, 2013	Jul. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$967,976	$936,886
Accounts receivable	532,804	566,335
Inventory	408,161	381,047
Prepaid expenses	73,917	72,808
Other current assets	70,897	92,953
Total current assets	2,053,755	2,050,029
Property, plant and equipment	796,946	774,948
Goodwill	345,157	342,492
Intangible assets	140,687	137,243
Other non-current assets	167,721	168,127
Total assets	3,504,266	3,472,839
Current liabilities:	'	'
Notes payable	259,974	169,967
Accounts payable	137,736	157,176
Accrued liabilities	289,097	312,829
Income taxes payable	49,808	60,732
Current portion of long-term debt	421	420
Dividends payable	30,462	27,947
Total current liabilities	767,498	729,071
Long-term debt, net of current portion	467,562	467,319
Income taxes payable – non-current	143,025	141,843
Deferred taxes and other non-current liabilities	331,982	319,650
Total liabilities	1,710,067	1,657,883
Stockholders’ equity:	'	'
Common stock, par value $.10 per share	12,796	12,796
Capital in excess of par value	284,318	298,150
Retained earnings	2,317,422	2,285,031
Treasury stock, at cost	-824,551	-740,229
Accumulated other comprehensive income/(loss):	'	'
Foreign currency translation	127,825	84,598
Pension liability adjustment	-125,805	-125,211
Unrealized investment gains	2,041	2,123
Unrealized gains/(losses) on derivatives	153	-2,302
Total accumulated other comprehensive income/(loss)	4,214	-40,792
Total stockholders’ equity	1,794,199	1,814,956
Total liabilities and stockholders’ equity	$3,504,266	$3,472,839

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Oct. 31, 2013	Jul. 31, 2013
Statement of Financial Position [Abstract]	'	'
Common stock, par value per share (in dollars per share)	$0.10	$0.10

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012
Income Statement [Abstract]	'	'
Net sales	$629,779	$627,600
Cost of sales	304,065	300,517
Gross profit	325,714	327,083
Selling, general and administrative expenses	194,884	195,965
Research and development	23,267	22,575
Restructuring and other charges, net	9,198	4,274
Interest (income)/expense, net	5,977	-568
Earnings from continuing operations before income taxes	92,388	104,837
Provision for income taxes	20,875	15,672
Net earnings from continuing operations	71,513	89,165
Earnings from discontinued operations, net of income taxes	0	250,307
Net earnings	$71,513	$339,472
Earnings per share from continuing operations:	'	'
Basic (in dollars per share)	$0.64	$0.78
Diluted (in dollars per share)	$0.63	$0.77
Earnings per share from discontinued operations:	'	'
Basic (in dollars per share)	$0	$2.18
Diluted (in dollars per share)	$0	$2.15
Earnings per share:	'	'
Basic (in dollars per share)	$0.64	$2.96
Diluted (in dollars per share)	$0.63	$2.92
Dividends declared per share	$0.28	$0.25
Average shares outstanding:	'	'
Basic	111,870	114,589
Diluted	113,135	116,097

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012
Statement of Comprehensive Income [Abstract]	'	'
Net earnings	$71,513	$339,472
Other comprehensive income, net of income taxes:	'	'
Foreign currency translation	43,227	33,752
Pension liability adjustment	-594	1,188
Unrealized investment gains/(losses)	-82	407
Unrealized gains/(losses) on derivatives	2,455	-1,952
Total other comprehensive income, net of income taxes	45,006	33,395
Comprehensive income	$116,519	$372,867

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012
Operating activities:	'	'
Net cash provided by operating activities	$85,897	$38,958
Investing activities:	'	'
Capital expenditures	-18,915	-23,477
Acquisition of businesses	-1,460	0
Purchases of retirement benefit assets	-4,693	-15,747
Proceeds from retirement benefit assets	9,027	15,220
Proceeds from sale of assets	471	535,680
Other	-1,685	-617
Net cash provided/(used) by investing activities	-17,255	511,059
Financing activities:	'	'
Notes payable	90,007	-74,931
Dividends paid	-27,947	-23,979
Long-term borrowings	0	17
Repayments of short-term debt	-3,927	0
Repayments of long-term debt	-195	-120
Net proceeds from stock plans	15,251	13,528
Purchase of treasury stock	-125,000	-75,000
Excess tax benefits from stock-based compensation arrangements	3,122	4,779
Net cash used by financing activities	-48,689	-155,706
Cash flow for period	19,953	394,311
Cash and cash equivalents at beginning of year	936,886	500,274
Effect of exchange rate changes on cash and cash equivalents	11,137	15,095
Cash and cash equivalents at end of period	967,976	909,680
Supplemental disclosures:	'	'
Interest paid	1,175	11,004
Income taxes paid (net of refunds)	$22,826	$49,039

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Oct. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
BASIS OF PRESENTATION	'
	BASIS OF PRESENTATION
	The condensed consolidated financial information of Pall Corporation and its subsidiaries (hereinafter collectively called the “Company”) included herein is unaudited. Such information reflects all adjustments of a normal recurring nature, which are, in the opinion of Company management, necessary to present fairly the Company’s consolidated financial position, results of operations and cash flows as of the dates and for the periods presented herein. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended July 31, 2013 (“2013 Form 10-K”).
	As discussed in Note 16, Discontinued Operations, on August 1, 2012, the Company sold certain assets of its blood collection, filtration and processing product line, which was a component of the Company’s Life Sciences segment, and met the criteria for discontinued operations and held for sale presentation during the third quarter of fiscal year 2012. As such, it has been reported as a discontinued operation in the Company’s condensed consolidated financial statements for all periods presented.

BALANCE_SHEET_DETAILS

BALANCE SHEET DETAILS	3 Months Ended
	Oct. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
BALANCE SHEET DETAILS	'
	BALANCE SHEET DETAILS
	The following tables provide details of selected balance sheet items:
		Oct 31, 2013			Jul 31, 2013
	Accounts receivable:
	Billed	$	469,075		$	508,448
	Unbilled	78,508			72,787
	Total	547,583			581,235
	Less: Allowances for doubtful accounts	(14,779		)	(14,900		)
		$	532,804		$	566,335
	Unbilled receivables principally relate to revenues accrued for long-term contracts recorded under the percentage-of-completion method of accounting.
		Oct 31, 2013			Jul 31, 2013
	Inventory:
	Raw materials and components	$	107,496		$	94,837
	Work-in-process	107,579			94,998
	Finished goods	193,086			191,212
		$	408,161		$	381,047
	Property, plant and equipment:
	Property, plant and equipment	$	1,707,055		$	1,650,274
	Less: Accumulated depreciation and amortization	(910,109		)	(875,326		)
		$	796,946		$	774,948

GOODWILL_AND_INTANGIBLE_ASSETS

GOODWILL AND INTANGIBLE ASSETS	3 Months Ended
	Oct. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
GOODWILL AND INTANGIBLE ASSETS	'
	GOODWILL AND INTANGIBLE ASSETS
	The following table presents goodwill, allocated by reportable segment.
		Oct 31, 2013		Jul 31, 2013
	Life Sciences	$	182,743	$	180,896
	Industrial	162,414		161,596
		$	345,157	$	342,492
	Intangible assets, net, consist of the following:
		Oct 31, 2013
		Gross		Accumulated		Net
				Amortization
	Patents and unpatented technology	$	113,558	$	61,330	$	52,228
	Customer-related intangibles	105,528		25,226		80,302
	Trademarks	13,357		6,403		6,954
	Other	3,676		2,473		1,203
		$	236,119	$	95,432	$	140,687
		Jul 31, 2013
		Gross		Accumulated		Net
				Amortization
	Patents and unpatented technology	$	123,707	$	69,992	$	53,715
	Customer-related intangibles	97,016		22,425		74,591
	Trademarks	13,291		6,166		7,125
	Other	4,425		2,613		1,812
		$	238,439	$	101,196	$	137,243
	Goodwill and intangible assets were primarily impacted by changes in the foreign exchange rates used to translate goodwill and intangible assets of foreign subsidiaries. Intangible assets were additionally impacted by an immaterial acquisition of a European manufacturing entity in the first quarter of fiscal year 2014.
	Amortization expense from continuing operations for intangible assets for the three months ended October 31, 2013 and October 31, 2012 was $4,724 and $5,278, respectively. Amortization expense is estimated to be approximately $13,899 for the remainder of fiscal year 2014, $16,893 in fiscal year 2015, $15,663 in fiscal year 2016, $15,584 in fiscal year 2017, $15,466 in fiscal year 2018 and $13,051 in fiscal year 2019.

TREASURY_STOCK

TREASURY STOCK	3 Months Ended
	Oct. 31, 2013
Stockholders' Equity Note [Abstract]	'
TREASURY STOCK	'
	TREASURY STOCK
	The following table highlights the share repurchase authorizations in effect during fiscal year 2014:
		Date of Authorization
		26-Sep-11			17-Jan-13			Total
	Amount available for repurchases as of July 31, 2013	$	81,873		$	250,000		$	331,873
	New authorizations	—			—			—
	Utilized	(81,873		)	(43,127		)	(125,000		)
	Amount available for repurchases as of October 31, 2013	$	—		$	206,873		$	206,873
	The Company’s shares may be purchased over time, as market and business conditions warrant. There is no time restriction on these authorizations. In September 2013, the Company entered into an Accelerated Share Repurchase ("ASR") agreement with a third-party financial institution to repurchase $125,000 of the Company’s common stock. Under the agreement, the Company paid $125,000 to the financial institution, using cash on hand, and received an initial delivery of approximately 1,371 shares at an aggregate cost of $106,250, with an average price per share of $77.50. These shares were included in treasury stock in the accompanying condensed consolidated balance sheet as of October 31, 2013. The remaining $18,750 was included in additional paid in capital in the accompanying condensed consolidated balance sheets as of October 31, 2013. The transaction was completed in the second quarter of fiscal year 2014, with the Company receiving approximately 202 additional shares, at which time the $18,750 initially included in additional paid in capital was reclassified to treasury stock. The final number of shares delivered upon settlement of the transaction was determined with reference to the average price of the Company's common stock over the term of the ASR agreement.
	During the three months ended October 31, 2013, 538 shares were issued under the Company’s stock-based compensation plans. At October 31, 2013, the Company held 17,003 treasury shares.

CONTINGENCIES_AND_COMMITMENTS

CONTINGENCIES AND COMMITMENTS	3 Months Ended
	Oct. 31, 2013
Commitments and Contingencies Disclosure [Abstract]	'
CONTINGENCIES AND COMMITMENTS	'
	CONTINGENCIES AND COMMITMENTS
	With respect to the matters described in Note 14, Contingencies and Commitments, to the Company’s consolidated financial statements included in the Company’s 2013 Form 10-K and below, the Company has assessed the ultimate resolution of these matters and has reflected appropriate contingent liabilities in the condensed consolidated financial statements as of October 31, 2013 and July 31, 2013.
	The Company and its subsidiaries are subject to certain other legal actions that arise in the normal course of business. Other than those legal proceedings and claims discussed in the 2013 Form 10-K and this Note, the Company is not facing any other legal proceedings and claims that would individually or in the aggregate have a reasonably possible material adverse effect on its financial condition or operating results. As such, any reasonably possible loss or range of loss, other than those legal proceedings discussed in the 2013 Form 10-K and this Note, is immaterial. However, the results of legal proceedings cannot be predicted with certainty. If the Company failed to prevail in several of these legal matters in the same reporting period, the operating results of a particular reporting period could be materially adversely affected.
	Environmental Matters:
	With respect to the environmental matters at the Company’s Pinellas Park, Florida site, previously disclosed in Note 14, Contingencies and Commitments to the Company’s consolidated financial statements included in the Company’s 2013 Form 10-K, the Florida Department of Environmental Protection approved the remedial action plan in September 2013. As a result of this, the Company added $4,440 to its environmental reserves in the quarter.
	The Company’s condensed consolidated balance sheet at October 31, 2013 includes liabilities for environmental matters of approximately $22,224 which relate primarily to the environmental proceedings discussed in the 2013 Form 10-K and as updated in this Note. In the opinion of management, the Company is in substantial compliance with applicable environmental laws and its current accruals for environmental remediation are adequate. However, as regulatory standards under environmental laws are becoming increasingly stringent, there can be no assurance that future developments, additional information and experience gained will not cause the Company to incur material environmental liabilities or costs beyond those accrued in its condensed consolidated financial statements.

RESTRUCTURING_AND_OTHER_CHARGE

RESTRUCTURING AND OTHER CHARGES, NET	3 Months Ended
	Oct. 31, 2013
Restructuring and Related Activities [Abstract]	'
RESTRUCTURING AND OTHER CHARGES, NET	'
	RESTRUCTURING AND OTHER CHARGES, NET
	The following tables summarize the restructuring and other charges (“ROTC”) recorded in the three months ended October 31, 2013 and October 31, 2012:
		Three Months Ended Oct 31, 2013
		Restructuring			Other (Gains)/Charges (2)			Total
		-1
	Severance benefits and other employment contract obligations	$	3,115		$	442		$	3,557
	Professional fees and other costs, net of receipt of insurance claim payments	1,243			142			1,385
	Loss on sale and impairment of assets, net	—			160			160
	Environmental matters	—			4,440			4,440
	Reversal of excess restructuring reserves	(344		)	—			(344		)
		$	4,014		$	5,184		$	9,198
	Cash	$	4,014		$	5,024		$	9,038
	Non-cash	—			160			160
		$	4,014		$	5,184		$	9,198
		Three Months Ended Oct 31, 2012
		Restructuring			Other			Total
		-1			(Gains)/
					Charges (2)
	Severance benefits and other employment contract obligations	$	3,279		$	—		$	3,279
	Professional fees and other costs, net of receipt of insurance claim payments	443			699			1,142
	Loss on sale and impairment of assets, net	43			—			43
	Reversal of excess restructuring reserves	(190		)	—			(190		)
		$	3,575		$	699		$	4,274
	Cash	$	3,532		$	699		$	4,231
	Non-cash	43			—			43
		$	3,575		$	699		$	4,274
	(1) Restructuring:
	In fiscal year 2012, the Company announced a multi-year strategic cost reduction initiative (“structural cost improvement initiative”). This initiative impacts both segments as well as the Corporate Services Group. The goal of this initiative is to properly position the Company's cost structure globally to perform in the current economic environment without adversely impacting its growth or innovation potential.
	Key components of the structural cost improvement initiative include:
	•	the strategic alignment of manufacturing, sales and R&D facilities to cost-effectively deliver high-quality products and superior service to the Company's customers worldwide,
	•	creation of regional shared financial services centers for the handling of accounting transaction processing and other accounting functions,
	•	reorganization of sales functions, to more cost- efficiently deliver superior service to the Company's customers globally, and
	•	reductions in headcount across all functional areas, enabled by efficiencies gained through the Company's ERP systems as well as in order to align to economic conditions.
	Restructuring charges recorded in the three months ended October 31, 2013 and October 31, 2012 primarily reflect the expenses incurred in connection with the Company’s structural cost improvement initiative as discussed above.
	(2) Other (Gains) / Charges:
	Environmental Matters: As discussed in Note 5, Contingencies and Commitments, in the three months ended October 31, 2013, the Company increased its previously established environmental reserve related to a matter in Pinellas Park, Florida.
	The following table summarizes the activity related to restructuring liabilities recorded for the Company’s structural cost improvement initiative which began in fiscal year 2012:
		Severance			Other			Total
	Original charge	$	61,852		$	3,448		$	65,300
	Utilized	(27,365		)	(2,798		)	(30,163		)
	Translation	(123		)	(47		)	(170		)
	Balance at Jul 31, 2012	$	34,364		$	603		$	34,967
	Additions	21,637			2,840			24,477
	Utilized	(29,574		)	(1,936		)	(31,510		)
	Reversal of excess reserves	(500		)	(57		)	(557		)
	Translation	313			23			336
	Balance at Jul 31, 2013	$	26,240		$	1,473		$	27,713
	Additions	3,115			1,243			4,358
	Utilized	(8,650		)	(823		)	(9,473		)
	Reversal of excess reserves	(277		)	(67		)	(344		)
	Translation	327			42			369
	Balance at Oct 31, 2013	$	20,755		$	1,868		$	22,623
	Excluded from the table above are restructuring liabilities relating to restructuring plans initiated in fiscal year 2010. At October 31, 2013, the balance of these liabilities was $233.

INCOME_TAXES

INCOME TAXES	3 Months Ended
	Oct. 31, 2013
Income Tax Disclosure [Abstract]	'
INCOME TAXES	'
	INCOME TAXES
	The Company’s effective tax rates on continuing operations for the three months ended October 31, 2013 and October 31, 2012 were 22.6% and 14.9%, respectively. For the three months ended October 31, 2013, the effective tax rate varied from the U.S. federal statutory rate primarily due to the benefits of foreign operations. For the three months ended October 31, 2012, the effective tax rate varied from the U.S. federal statutory rate primarily due to the benefits of foreign operations and a net tax benefit of $7,757 primarily from the resolution of a U.S. tax audit partly offset by the establishment of deferred tax liabilities for the repatriation of foreign earnings.
	During the three months ended October 31, 2012, the Company reached a final agreement with the Internal Revenue Service (“IRS”) resolving the outstanding tax positions for fiscal years ended 2006 through 2008. As a result, the Company reversed $10,193 of previously recorded liabilities related to tax and penalties, as well as $6,704 related to interest ($4,268 net of income tax cost) that were accrued but not assessed as part of the IRS agreement.
	At October 31, 2013 and July 31, 2013, the Company had gross unrecognized income tax benefits of $206,479 and $203,376, respectively. During the three months ended October 31, 2013, the amount of gross unrecognized tax benefits increased by $3,103, primarily due to tax positions taken during the current period and the impact of foreign currency translation. As of October 31, 2013, the amount of net unrecognized income tax benefits that, if recognized, would impact the effective tax rate was $157,531.
	At October 31, 2013 and July 31, 2013, the Company had liabilities of $19,235 and $18,622, respectively, for potential payment of interest and penalties.
	Due to the potential resolution of tax examinations and the expiration of various statutes of limitation, the Company believes that it is reasonably possible that the gross amount of unrecognized tax benefits may decrease within the next twelve months by a range of zero to $65,069.

COMPONENTS_OF_NET_PERIODIC_PEN

COMPONENTS OF NET PERIODIC PENSION COST	3 Months Ended
	Oct. 31, 2013
Compensation and Retirement Disclosure [Abstract]	'
COMPONENTS OF NET PERIODIC PENSION COST	'
	COMPONENTS OF NET PERIODIC PENSION COST
	Net periodic pension benefit cost for the Company’s defined benefit pension plans includes the following components:
		Three Months Ended
		U.S. Plans						Foreign Plans						Total
		Oct 31, 2013			Oct 31, 2012			Oct 31, 2013			Oct 31, 2012			Oct 31, 2013			Oct 31, 2012
	Service cost	$	2,170		$	2,648		$	996		$	1,189		$	3,166		$	3,837
	Interest cost	3,028			2,617			4,204			4,018			7,232			6,635
	Expected return on plan assets	(2,325		)	(2,383		)	(3,438		)	(4,103		)	(5,763		)	(6,486		)
	Amortization of prior service cost/(credit)	395			393			(11		)	(17		)	384			376
	Amortization of actuarial loss	1,344			2,411			1,386			1,400			2,730			3,811
	Loss due to curtailments and settlements	—			16			—			—			—			16
	Net periodic benefit cost	$	4,612		$	5,702		$	3,137		$	2,487		$	7,749		$	8,189

STOCKBASED_PAYMENT

STOCK-BASED PAYMENT	3 Months Ended
	Oct. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
STOCK-BASED PAYMENT	'
	STOCK–BASED PAYMENT
	The Company currently has four stock-based employee and director compensation award types (Restricted Stock Unit, Stock Option Plans, Management Stock Purchase Plan (“MSPP”), and Employee Stock Purchase Plan (“ESPP”)), which are more fully described in Note 15, Common Stock, to the consolidated financial statements included in the 2013 Form 10-K.
	The detailed components of stock-based compensation expense recorded in the condensed consolidated statements of earnings for the three months ended October 31, 2013 and October 31, 2012 are reflected in the table below:
		Three Months Ended
		Oct 31, 2013		Oct 31, 2012
	Restricted stock units	$	4,193	$	3,308
	Stock options	1,521		1,134
	ESPP	225		388
	MSPP	192		850
	Total	$	6,131	$	5,680

EARNINGS_PER_SHARE

EARNINGS PER SHARE	3 Months Ended
	Oct. 31, 2013
Earnings Per Share [Abstract]	'
EARNINGS PER SHARE	'
	EARNINGS PER SHARE
	The condensed consolidated statements of earnings present basic and diluted earnings per share. Basic earnings per share is determined by dividing income available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share considers the potential effect of dilution on basic earnings per share assuming potentially dilutive shares that meet certain criteria, such as those issuable upon exercise of stock options, were outstanding. The treasury stock method reduces the dilutive effect of potentially dilutive securities as it assumes that any cash proceeds (from the issuance of potentially dilutive securities) are used to buy back shares at the average share price during the period. Employee stock options and restricted stock units aggregating 529 and 561 shares were not included in the computation of diluted shares for the three months ended October 31, 2013 and October 31, 2012, respectively, because their effect would have been antidilutive. The following is a reconciliation between basic shares outstanding and diluted shares outstanding:
		Three Months Ended
		Oct 31, 2013	Oct 31, 2012
	Basic shares outstanding	111,870	114,589
	Effect of stock plans	1,265	1,508
	Diluted shares outstanding	113,135	116,097

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	3 Months Ended
	Oct. 31, 2013
Fair Value Disclosures [Abstract]	'
FAIR VALUE MEASUREMENTS	'
	FAIR VALUE MEASUREMENTS
	The Company records certain of its financial assets and liabilities at fair value, which is the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date.
	The current authoritative guidance discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). Authoritative guidance utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels:
	•	Level 1: Use of observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities.
	•	Level 2: Use of inputs other than quoted prices included in Level 1, which are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data.
	•	Level 3: Use of inputs that are unobservable.
	The following table presents, for each of these hierarchy levels, the Company’s financial assets and liabilities that are measured at fair value on a recurring basis as of October 31, 2013:
		Fair Value Measurements
		As of
		Oct 31, 2013		Level 1		Level 2		Level 3
	Financial assets carried at fair value
	Money market funds	$	2,786	$	2,786	$	—	$	—
	Available-for-sale securities:
	Equity securities	185		185		—		—
	Debt securities:
	Corporate	30,749		—		30,749		—
	U.S. Treasury	11,287		—		11,287		—
	Federal Agency	20,086		—		20,086		—
	Mortgage-backed	5,975		—		5,975		—
	Commercial paper	1,699		—		1,699		—
	Trading securities	201		199		2		—
	Derivative financial instruments:
	Foreign exchange forward contracts	1,180		—		1,180		—
	Financial liabilities carried at fair value
	Derivative financial instruments:
	Foreign exchange forward contracts	1,395		—		1,395		—
	The following table presents, for each of these hierarchy levels, the Company’s financial assets and liabilities that are measured at fair value on a recurring basis as of July 31, 2013:
		Fair Value Measurements
		As of
		Jul 31, 2013		Level 1		Level 2		Level 3
	Financial assets carried at fair value
	Money market funds	$	6,404	$	6,404	$	—	$	—
	Available-for-sale securities:
	Equity securities	176		176		—		—
	Debt securities:
	Corporate	32,393		—		32,393		—
	U.S. Treasury	11,543		—		11,543		—
	Federal Agency	20,642		—		20,642		—
	Mortgage-backed	5,990		—		5,990		—
	Trading securities	190		190		—		—
	Derivative financial instruments:
	Foreign exchange forward contracts	301		—		301		—
	Financial liabilities carried at fair value
	Derivative financial instruments:
	Foreign exchange forward contracts	3,066		—		3,066		—
	The Company’s money market funds and equity securities are valued using quoted market prices and, as such, are classified within Level 1 of the fair value hierarchy.
	The fair value of the Company’s investments in debt securities are valued utilizing third party pricing services and verified by management. The pricing services use inputs to determine fair value which are derived from observable market sources including reportable trades, benchmark curves, credit spreads, broker/dealer quotes, bids, offers, and other industry and economic events. These investments are included in Level 2 of the fair value hierarchy.
	The fair values of the Company’s foreign currency forward contracts are valued using pricing models, with all significant inputs derived from or corroborated by observable market data such as yield curves, currency spot and forward rates, and currency volatilities. These investments are included in Level 2 of the fair value hierarchy.

INVESTMENT_SECURITIES

INVESTMENT SECURITIES	3 Months Ended
	Oct. 31, 2013
Investments, Debt and Equity Securities [Abstract]	'
INVESTMENT SECURITIES	'
	INVESTMENT SECURITIES
	The following is a summary of the Company’s available-for-sale investment securities by category which are classified within other non-current assets in the Company’s condensed consolidated balance sheets. Contractual maturity dates of debt securities held by the benefits protection trusts at October 31, 2013 range from 2013 to 2044.
		Cost/		Fair Value			Gross		Gross			Net Unrealized
		Amortized					Unrealized		Unrealized			Holding
		Cost Basis					Holding		Holding			Gains/(Losses)
							Gains		Losses
	October 31, 2013
	Equity securities	$	185	$	185		$	—	$	—		$	—
	Debt securities:
	Corporate	29,913		30,749			1,262		(426		)	836
	U.S. Treasury	11,120		11,287			260		(93		)	167
	Federal agency	19,285		20,086			1,105		(304		)	801
	Mortgage-backed	5,751		5,975			229		(5		)	224
	Commercial Paper	1,698		1,699			1		—			1
		$	67,952	$	69,981		$	2,857	$	(828	)	$	2,029
	July 31, 2013
	Equity securities	$	176	$	176		$	—	$	—		$	—
	Debt securities:
	Corporate	31,546		32,393			1,274		(427		)	847
	U.S. Treasury	11,339		11,543			294		(90		)	204
	Federal agency	19,810		20,642			1,131		(299		)	832
	Mortgage-backed	5,752		5,990			238		—			238
		$	68,623	$	70,744		$	2,937	$	(816	)	$	2,121
	The following table shows the gross unrealized losses and fair value of the Company’s available-for-sale investments with unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position:
		Less than 12 months					12 months or greater					Total
		Fair		Gross			Fair		Gross			Fair		Gross
		Value		Unrealized			Value		Unrealized			Value		Unrealized
				Holding					Holding					Holding
				Losses					Losses					Losses
	October 31, 2013
	Debt securities:
	Corporate	$	8,792	$	(426	)	$	—	$	—		$	8,792	$	(426	)
	U.S. Treasury	4,391		(93		)	—		—			4,391		(93		)
	Mortgage-backed	1,501		(5		)	—		—			1,501		(5		)
	Federal agency	3,601		(304		)	—		—			3,601		(304		)
		$	18,285	$	(828	)	$	—	$	—		$	18,285	$	(828	)
		Less than 12 months					12 months or greater					Total
		Fair		Gross			Fair		Gross			Fair		Gross
		Value		Unrealized			Value		Unrealized			Value		Unrealized
				Holding					Holding					Holding
				Losses					Losses					Losses
	July 31, 2013
	Debt securities:
	Corporate	10,990		(427		)	—		—			10,990		(427		)
	U.S. Treasury	3,778		(90		)	—		—			3,778		(90		)
	Federal Agency	3,701		(299		)	—		—			3,701		(299		)
		$	18,469	$	(816	)	$	—	$	—		$	18,469	$	(816	)
	The following table shows the proceeds and gross gains and losses from the sale of available-for-sale investments for the three months ended October 31, 2013 and October 31, 2012:
		Three Months Ended
		Oct 31, 2013		Oct 31, 2012
	Proceeds from sales	$	500	$	5,597
	Realized gross gains on sales	—		192
	Realized gross losses on sales	1		2
	The following is a summary of the Company’s trading securities by category which are classified within other non-current assets in the Company’s condensed consolidated balance sheets.
		31-Oct-13		31-Jul-13
	Equity securities	$	199	$	190
	Corporate debt securities	2		—
	Total trading securities	$	201	$	190
	The following table shows the net gains and losses recognized on trading securities for the three months ended October 31, 2013 and October 31, 2012:
		Three Months Ended
		Oct 31, 2013		Oct 31, 2012
	Gains/(losses), net recognized for securities held	$	16	$	—
	Gains/(losses), net recognized for securities sold	—		—
Total gains/(losses), net recognized	$	16	$	—

DERIVATIVE_INSTRUMENTS_AND_HED

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

3 Months Ended

Oct. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

'

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

'

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

The Company manages certain financial exposures through a risk management program that includes the use of foreign exchange derivative financial instruments. Derivatives are executed with counterparties with a minimum credit rating of “A” by Standard & Poors and “A2” by Moody’s Investor Services, in accordance with the Company’s policies. The Company does not utilize derivative instruments for trading or speculative purposes. As of October 31, 2013, the Company had foreign currency forward contracts outstanding with notional amounts aggregating $399,953, whose fair values were a net liability of $215.

Foreign Exchange Related:

a. Derivatives Not Designated as Hedging Instruments

The risk management objective of holding foreign exchange derivatives is to mitigate volatility to earnings and cash flows due to changes in foreign exchange rates. The Company and its subsidiaries conduct transactions in currencies other than their functional currencies. These transactions include non-functional intercompany and external sales as well as intercompany and external purchases. The Company uses foreign exchange forward contracts, matching the notional amounts and durations of the receivables and payables resulting from the aforementioned underlying foreign currency transactions, to mitigate the exposure to earnings and cash flows caused by the changes in fair value of these receivables and payables from fluctuating foreign exchange rates. The notional amount of foreign currency forward contracts not designated as hedging instruments entered into during the three months ended October 31, 2013 was $574,170. The notional amount of foreign currency forward contracts outstanding that were not designated as hedging instruments as of October 31, 2013 was $322,279.

b. Cash Flow Hedges

The Company uses foreign exchange forward contracts for cash flow hedging on its future transactional exposure to the Euro due to changes in market rates to exchange Euros for British Pounds. The hedges cover a British subsidiary (British Pound functional) with Euro revenues and a Swiss subsidiary (Euro functional) with British Pound expenses. The probability of the occurrence of these transactions is high and the Company’s assessment is based on observable facts including the frequency and amounts of similar past transactions. The objective of the cash flow hedges is to lock the British Pound equivalent amount of Euro sales for the British subsidiary and the Euro equivalent amount of British Pound expenses for the Swiss subsidiary at the agreed upon exchange rates in the foreign exchange forward contracts. There were no foreign currency forward contracts designated as hedging instruments entered into during the three months ended October 31, 2013. The notional amount of foreign currency forward contracts outstanding designated as hedging instruments as of October 31, 2013 was $77,674 and covers certain monthly transactional exposures through July 2014.

c. Net Investment Hedges

The risk management objective of designating the Company’s foreign currency loan as a hedge of a portion of its net investment in a wholly owned Japanese subsidiary is to mitigate the change in the fair value of the Company’s net investment due to changes in foreign exchange rates. The Company uses a JPY loan outstanding to hedge its equity of the same amount in the Japanese wholly owned subsidiary. The hedge of net investment consists of a JPY 9 billion loan.

The fair values of the Company’s derivative financial instruments included in the condensed consolidated balance sheets are presented as follows:

Asset Derivatives

Liability Derivatives

October 31, 2013

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Derivatives designated as hedging instruments

Foreign exchange forward contracts

Other current assets

$

405

Other current liabilities

$

92

Derivatives not designated as hedging instruments

Foreign exchange forward contracts

Other current assets

$

775

Other current liabilities

$

1,303

Total derivatives

$

1,180

$

1,395

Nonderivative instruments designated as hedging instruments

Net investment hedge

Long-term debt, net of current portion

$

91,359

Asset Derivatives

Liability Derivatives

July 31, 2013

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Derivatives designated as hedging instruments

Foreign exchange forward contracts

Other current assets

$

—

Other current liabilities

$

1,941

Derivatives not designated as hedging instruments

Foreign exchange forward contracts

Other current assets

$

301

Other current liabilities

$

1,125

Total derivatives

$

301

$

3,066

Nonderivative instruments designated as hedging instruments

Net investment hedge

Long-term debt, net of current portion

$

91,800

The amounts of the gains and losses related to the Company’s derivative financial instruments designated as hedging instruments for the three months ended October 31, 2013 and October 31, 2012 are presented as follows:

Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion)

Location of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)

Amount of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion) (a)

Three Months Ended

Three Months Ended

Oct 31, 2013

Oct 31, 2012

Oct 31, 2013

Oct 31, 2012

Derivatives in cash flow hedging relationships

Foreign exchange forward contracts

$

1,821

$

(1,952

)

Net sales

$

(1

)

$

(91

)

Cost of sales

(820

)

—

Total derivatives

$

1,821

$

(1,952

)

$

(821

)

$

(91

)

(a)

There were no gains or losses recognized in earnings related to the ineffective portion of the hedging relationship or related to the amount excluded from the assessment of hedge effectiveness for the three months ended October 31, 2013 and October 31, 2012.

The amounts of the gains and losses related to the Company’s derivative financial instruments not designated as hedging instruments for the three months ended October 31, 2013 and October 31, 2012 are presented as follows:

Amount of Gain or (Loss) Recognized in

Earnings on Derivatives

Three Months Ended

Location of Gain or (Loss) Recognized in Earnings on Derivatives

Oct 31, 2013

Oct 31, 2012

Derivatives not designated as hedging relationships

Foreign exchange forward contracts

Selling, general and administrative expenses

$

450

$

(2,438

)

The amounts of the gains and losses related to the Company’s nonderivative financial instruments designated as hedging instruments for the three months ended October 31, 2013 and October 31, 2012 are presented as follows:

Amount of Gain or (Loss)

Location of Gain or

Amount of Gain or (Loss) Reclassified from

Recognized in OCI on Derivatives

(Loss) Reclassified

Accumulated OCI into Earnings

(Effective Portion)

from Accumulated

(Effective Portion) (b)

OCI into Earnings

(Effective Portion)

Three Months Ended

Three Months Ended

Oct 31, 2013

Oct 31, 2012

Oct 31, 2013

Oct 31, 2012

Nonderivatives designated as hedging relationships

Net investment hedge

$

(441

)

$

1,337

N/A

$

—

$

—

(b)

There were no gains or losses recognized in earnings related to the ineffective portion of the hedging relationship or related to the amount excluded from the assessment of hedge effectiveness for the three months ended October 31, 2013 and October 31, 2012.

ACCUMULATED_OTHER_COMPREHENSIV

ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)	3 Months Ended
	Oct. 31, 2013
Accumulated Other Comprehensive Income/(Loss) [Abstract]	'
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) [Text Block]	'
	ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)
	Changes in accumulated other comprehensive income by component are presented below:
		Foreign Currency Translation			Defined Benefit Pension Plan			Unrealized investment gains/(losses)			Unrealized gains/(losses) on derivatives			Accumulated other comprehensive income/(loss)
	Balance at July 31, 2013	$	84,598		$	(125,211	)	$	2,123		$	(2,302	)	$	(40,792	)
	Other comprehensive income/(loss) before reclassifications	43,227			—			(119		)	1,648			44,756
	Amounts reclassified from accumulated other comprehensive income (loss)	—			2,149			37			807			2,993
	Foreign exchange adjustments and other	—			(2,743		)	—			—			(2,743		)
	Balance at October 31, 2013	$	127,825		$	(125,805	)	$	2,041		$	153		$	4,214
	Reclassifications out of accumulated other comprehensive income are presented below:
		Three Months Ended			Affected line item in the Condensed Consolidated Statement of Earnings
		31-Oct-13
	Defined Benefit Pension Plan
	Amortization of prior service cost	$	(384	)	Note (a)
	Recognized actuarial gain/(loss)	(2,730		)	Note (a)
	Total before tax	(3,114		)
	Tax benefit	965
	Net of tax	$	(2,149	)
	Unrealized investment gains/(losses)
	Realized investment gain/(losses)	$	(57	)	Selling, general and administrative
	Tax (expense)/benefit	20
	Net of tax	$	(37	)
	Unrealized gains/(losses) on derivatives
	Foreign exchange forward contracts	$	(1	)	Sales
	Foreign exchange forward contracts	(820		)	Cost of sales
	Total before tax	(821		)
	Tax benefit	14
	Net of tax	$	(807	)
	(a)	These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 8, Components of Net Periodic Pension Cost, for additional details).

SEGMENT_INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Oct. 31, 2013
Segment Reporting [Abstract]	'
SEGMENT INFORMATION	'
	SEGMENT INFORMATION
	The Company’s reportable segments, which are also its operating segments, consist of the Company’s Life Sciences and Industrial businesses.
	The following table presents sales and segment profit from continuing operations by business segment reconciled to earnings from continuing operations before income taxes, for the three months ended October 31, 2013 and October 31, 2012.
		Three Months Ended
		Oct 31, 2013		Oct 31, 2012
	SALES:
	Life Sciences	$	318,946	$	299,951
	Industrial	310,833		327,649
	Total	$	629,779	$	627,600
	SEGMENT PROFIT:
	Life Sciences	$	73,045	$	69,842
	Industrial	50,482		52,766
	Total segment profit	123,527		122,608
	Corporate Services Group	15,964		14,065
	ROTC	9,198		4,274
	Interest (income)/expense, net	5,977		(568		)
	Earnings from continuing operations before income taxes	$	92,388	$	104,837

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	3 Months Ended
	Oct. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
DISCONTINUED OPERATIONS	'
	DISCONTINUED OPERATIONS
	On April 28, 2012, the Company entered into an asset purchase agreement (“APA”) to sell certain assets of its blood collection, filtration and processing product line (the “Product Line”) to Haemonetics Corporation (“Haemonetics”) for approximately $550,000. The transaction involved the transfer of manufacturing facilities and equipment in Covina, California; Tijuana, Mexico; Ascoli, Italy and a portion of the Company’s operations in Fajardo, Puerto Rico. In addition to the manufacturing facilities and related equipment, the Company transferred Product Line related inventory and intangible assets. Haemonetics also assumed certain employee-related liabilities. The sale closed on August 1, 2012, and approximately 1,400 employees transitioned to Haemonetics at that time.
	Separate from these manufacturing facilities, the Company also agreed to transfer related blood media manufacturing capabilities and assets to Haemonetics. The transfer of the related media lines is expected to be completed by calendar year 2016. Until that time, the Company is providing these media products to Haemonetics under a supply agreement. Under the terms of the APA, approximately $535,000 was paid upon closing, with the balance of the purchase price payable upon the Company’s delivery of the aforementioned blood media manufacturing capability and related assets.
	The Product Line, which was a component of the Company’s Life Sciences segment, met the criteria for discontinued operations and held for sale presentation during the third quarter of fiscal year 2012 and has been reported as a discontinued operation in the Company’s condensed consolidated financial statements. The Company did not allocate any portion of the Company’s interest expense to discontinued operations.
	The key components of discontinued operations for the three months ended October 31, 2012 were as follows:
		Three Months Ended
		Oct 31, 2012
	Net sales	$	3,027
	Earnings from discontinued operations before income taxes	$	399,984
	Provision for income taxes	149,677
	Earnings from discontinued operations, net of income taxes	$	250,307
	Included in earnings from discontinued operations before income taxes above are a gain on the sale of the Product Line of $400,283, respectively, for the three months ended October 31, 2012.

BASIS_OF_PRESENTATION_Policies

BASIS OF PRESENTATION (Policies)	3 Months Ended
	Oct. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Fair Value of Financial Instruments, Policy	'
	The Company’s money market funds and equity securities are valued using quoted market prices and, as such, are classified within Level 1 of the fair value hierarchy.
	The fair value of the Company’s investments in debt securities are valued utilizing third party pricing services and verified by management. The pricing services use inputs to determine fair value which are derived from observable market sources including reportable trades, benchmark curves, credit spreads, broker/dealer quotes, bids, offers, and other industry and economic events. These investments are included in Level 2 of the fair value hierarchy.
	The fair values of the Company’s foreign currency forward contracts are valued using pricing models, with all significant inputs derived from or corroborated by observable market data such as yield curves, currency spot and forward rates, and currency volatilities. These investments are included in Level 2 of the fair value hierarchy.
Presentation and Use of Estimates	'
	The condensed consolidated financial information of Pall Corporation and its subsidiaries (hereinafter collectively called the “Company”) included herein is unaudited. Such information reflects all adjustments of a normal recurring nature, which are, in the opinion of Company management, necessary to present fairly the Company’s consolidated financial position, results of operations and cash flows as of the dates and for the periods presented herein. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended July 31, 2013 (“2013 Form 10-K”).

BALANCE_SHEET_DETAILS_Tables

BALANCE SHEET DETAILS (Tables)	3 Months Ended
	Oct. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Summary of Accounts Receivable	'
		Oct 31, 2013			Jul 31, 2013
	Accounts receivable:
	Billed	$	469,075		$	508,448
	Unbilled	78,508			72,787
	Total	547,583			581,235
	Less: Allowances for doubtful accounts	(14,779		)	(14,900		)
		$	532,804		$	566,335
	Unbilled receivables principally relate to revenues accrued for long-term contracts recorded under the percentage-of-completion method of accounting.
Major Classes of Inventory	'
		Oct 31, 2013			Jul 31, 2013
	Inventory:
	Raw materials and components	$	107,496		$	94,837
	Work-in-process	107,579			94,998
	Finished goods	193,086			191,212
		$	408,161		$	381,047
Schedule of Property, Plant And Equipment	'
	Property, plant and equipment:
	Property, plant and equipment	$	1,707,055		$	1,650,274
	Less: Accumulated depreciation and amortization	(910,109		)	(875,326		)
		$	796,946		$	774,948

GOODWILL_AND_INTANGIBLE_ASSETS1

GOODWILL AND INTANGIBLE ASSETS (Tables)	3 Months Ended
	Oct. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill, allocated by reportable segment	'
	The following table presents goodwill, allocated by reportable segment.
		Oct 31, 2013		Jul 31, 2013
	Life Sciences	$	182,743	$	180,896
	Industrial	162,414		161,596
		$	345,157	$	342,492
Schedule of Intangible Assets	'
	Intangible assets, net, consist of the following:
		Oct 31, 2013
		Gross		Accumulated		Net
				Amortization
	Patents and unpatented technology	$	113,558	$	61,330	$	52,228
	Customer-related intangibles	105,528		25,226		80,302
	Trademarks	13,357		6,403		6,954
	Other	3,676		2,473		1,203
		$	236,119	$	95,432	$	140,687
		Jul 31, 2013
		Gross		Accumulated		Net
				Amortization
	Patents and unpatented technology	$	123,707	$	69,992	$	53,715
	Customer-related intangibles	97,016		22,425		74,591
	Trademarks	13,291		6,166		7,125
	Other	4,425		2,613		1,812
		$	238,439	$	101,196	$	137,243

TREASURY_STOCK_Tables

TREASURY STOCK (Tables)	3 Months Ended
	Oct. 31, 2013
Stockholders' Equity Note [Abstract]	'
Schedule of Treasury Stock by Class	'
	The following table highlights the share repurchase authorizations in effect during fiscal year 2014:
		Date of Authorization
		26-Sep-11			17-Jan-13			Total
	Amount available for repurchases as of July 31, 2013	$	81,873		$	250,000		$	331,873
	New authorizations	—			—			—
	Utilized	(81,873		)	(43,127		)	(125,000		)
	Amount available for repurchases as of October 31, 2013	$	—		$	206,873		$	206,873

RESTRUCTURING_AND_OTHER_CHARGE1

RESTRUCTURING AND OTHER CHARGES, NET (Tables)	3 Months Ended
	Oct. 31, 2013
Restructuring and Related Activities [Abstract]	'
Summary of Restructuring and Other Charges	'
	The following tables summarize the restructuring and other charges (“ROTC”) recorded in the three months ended October 31, 2013 and October 31, 2012:
		Three Months Ended Oct 31, 2013
		Restructuring			Other (Gains)/Charges (2)			Total
		-1
	Severance benefits and other employment contract obligations	$	3,115		$	442		$	3,557
	Professional fees and other costs, net of receipt of insurance claim payments	1,243			142			1,385
	Loss on sale and impairment of assets, net	—			160			160
	Environmental matters	—			4,440			4,440
	Reversal of excess restructuring reserves	(344		)	—			(344		)
		$	4,014		$	5,184		$	9,198
	Cash	$	4,014		$	5,024		$	9,038
	Non-cash	—			160			160
		$	4,014		$	5,184		$	9,198
		Three Months Ended Oct 31, 2012
		Restructuring			Other			Total
		-1			(Gains)/
					Charges (2)
	Severance benefits and other employment contract obligations	$	3,279		$	—		$	3,279
	Professional fees and other costs, net of receipt of insurance claim payments	443			699			1,142
	Loss on sale and impairment of assets, net	43			—			43
	Reversal of excess restructuring reserves	(190		)	—			(190		)
		$	3,575		$	699		$	4,274
	Cash	$	3,532		$	699		$	4,231
	Non-cash	43			—			43
		$	3,575		$	699		$	4,274
	(1) Restructuring:
	In fiscal year 2012, the Company announced a multi-year strategic cost reduction initiative (“structural cost improvement initiative”). This initiative impacts both segments as well as the Corporate Services Group. The goal of this initiative is to properly position the Company's cost structure globally to perform in the current economic environment without adversely impacting its growth or innovation potential.
	Key components of the structural cost improvement initiative include:
	•	the strategic alignment of manufacturing, sales and R&D facilities to cost-effectively deliver high-quality products and superior service to the Company's customers worldwide,
	•	creation of regional shared financial services centers for the handling of accounting transaction processing and other accounting functions,
	•	reorganization of sales functions, to more cost- efficiently deliver superior service to the Company's customers globally, and
	•	reductions in headcount across all functional areas, enabled by efficiencies gained through the Company's ERP systems as well as in order to align to economic conditions.
	Restructuring charges recorded in the three months ended October 31, 2013 and October 31, 2012 primarily reflect the expenses incurred in connection with the Company’s structural cost improvement initiative as discussed above.
	(2) Other (Gains) / Charges:
	Environmental Matters: As discussed in Note 5, Contingencies and Commitments, in the three months ended October 31, 2013, the Company increased its previously established environmental reserve related to a matter in Pinellas Park, Florida.
Schedule of Summarized Activity Relating to Restructuring	'
	he following table summarizes the activity related to restructuring liabilities recorded for the Company’s structural cost improvement initiative which began in fiscal year 2012:
		Severance			Other			Total
	Original charge	$	61,852		$	3,448		$	65,300
	Utilized	(27,365		)	(2,798		)	(30,163		)
	Translation	(123		)	(47		)	(170		)
	Balance at Jul 31, 2012	$	34,364		$	603		$	34,967
	Additions	21,637			2,840			24,477
	Utilized	(29,574		)	(1,936		)	(31,510		)
	Reversal of excess reserves	(500		)	(57		)	(557		)
	Translation	313			23			336
	Balance at Jul 31, 2013	$	26,240		$	1,473		$	27,713
	Additions	3,115			1,243			4,358
	Utilized	(8,650		)	(823		)	(9,473		)
	Reversal of excess reserves	(277		)	(67		)	(344		)
	Translation	327			42			369
	Balance at Oct 31, 2013	$	20,755		$	1,868		$	22,623
	Excluded from the table above are restructuring liabilities relating to restructuring plans initiated in fiscal year 2010. At October 31, 2013, the balance of these liabilities was $233.

COMPONENTS_OF_NET_PERIODIC_PEN1

COMPONENTS OF NET PERIODIC PENSION COST (Tables)	3 Months Ended
	Oct. 31, 2013
Compensation and Retirement Disclosure [Abstract]	'
Net periodic benefit cost for the Company's defined benefit pension plans	'
	Net periodic pension benefit cost for the Company’s defined benefit pension plans includes the following components:
		Three Months Ended
		U.S. Plans						Foreign Plans						Total
		Oct 31, 2013			Oct 31, 2012			Oct 31, 2013			Oct 31, 2012			Oct 31, 2013			Oct 31, 2012
	Service cost	$	2,170		$	2,648		$	996		$	1,189		$	3,166		$	3,837
	Interest cost	3,028			2,617			4,204			4,018			7,232			6,635
	Expected return on plan assets	(2,325		)	(2,383		)	(3,438		)	(4,103		)	(5,763		)	(6,486		)
	Amortization of prior service cost/(credit)	395			393			(11		)	(17		)	384			376
	Amortization of actuarial loss	1,344			2,411			1,386			1,400			2,730			3,811
	Loss due to curtailments and settlements	—			16			—			—			—			16
	Net periodic benefit cost	$	4,612		$	5,702		$	3,137		$	2,487		$	7,749		$	8,189

STOCKBASED_PAYMENT_Tables

STOCK-BASED PAYMENT (Tables)	3 Months Ended
	Oct. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of Share Based Compensation Components of stock-based compensation expense	'
	The detailed components of stock-based compensation expense recorded in the condensed consolidated statements of earnings for the three months ended October 31, 2013 and October 31, 2012 are reflected in the table below:
		Three Months Ended
		Oct 31, 2013		Oct 31, 2012
	Restricted stock units	$	4,193	$	3,308
	Stock options	1,521		1,134
	ESPP	225		388
	MSPP	192		850
	Total	$	6,131	$	5,680

EARNINGS_PER_SHARE_Tables

EARNINGS PER SHARE (Tables)	3 Months Ended
	Oct. 31, 2013
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted	'
	The following is a reconciliation between basic shares outstanding and diluted shares outstanding:
		Three Months Ended
		Oct 31, 2013	Oct 31, 2012
	Basic shares outstanding	111,870	114,589
	Effect of stock plans	1,265	1,508
	Diluted shares outstanding	113,135	116,097

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	3 Months Ended
	Oct. 31, 2013
Fair Value Disclosures [Abstract]	'
Schedule of financial assets and liabilities that are measured at fair value on a recurring basis	'
	The following table presents, for each of these hierarchy levels, the Company’s financial assets and liabilities that are measured at fair value on a recurring basis as of October 31, 2013:
		Fair Value Measurements
		As of
		Oct 31, 2013		Level 1		Level 2		Level 3
	Financial assets carried at fair value
	Money market funds	$	2,786	$	2,786	$	—	$	—
	Available-for-sale securities:
	Equity securities	185		185		—		—
	Debt securities:
	Corporate	30,749		—		30,749		—
	U.S. Treasury	11,287		—		11,287		—
	Federal Agency	20,086		—		20,086		—
	Mortgage-backed	5,975		—		5,975		—
	Commercial paper	1,699		—		1,699		—
	Trading securities	201		199		2		—
	Derivative financial instruments:
	Foreign exchange forward contracts	1,180		—		1,180		—
	Financial liabilities carried at fair value
	Derivative financial instruments:
	Foreign exchange forward contracts	1,395		—		1,395		—
	The following table presents, for each of these hierarchy levels, the Company’s financial assets and liabilities that are measured at fair value on a recurring basis as of July 31, 2013:
		Fair Value Measurements
		As of
		Jul 31, 2013		Level 1		Level 2		Level 3
	Financial assets carried at fair value
	Money market funds	$	6,404	$	6,404	$	—	$	—
	Available-for-sale securities:
	Equity securities	176		176		—		—
	Debt securities:
	Corporate	32,393		—		32,393		—
	U.S. Treasury	11,543		—		11,543		—
	Federal Agency	20,642		—		20,642		—
	Mortgage-backed	5,990		—		5,990		—
	Trading securities	190		190		—		—
	Derivative financial instruments:
	Foreign exchange forward contracts	301		—		301		—
	Financial liabilities carried at fair value
	Derivative financial instruments:
	Foreign exchange forward contracts	3,066		—		3,066		—

INVESTMENT_SECURITIES_Tables

INVESTMENT SECURITIES (Tables)	3 Months Ended
	Oct. 31, 2013
Investments, Debt and Equity Securities [Abstract]	'
Summary of the Company's available-for-sale investments by category	'
	The following is a summary of the Company’s available-for-sale investment securities by category which are classified within other non-current assets in the Company’s condensed consolidated balance sheets. Contractual maturity dates of debt securities held by the benefits protection trusts at October 31, 2013 range from 2013 to 2044.
		Cost/		Fair Value			Gross		Gross			Net Unrealized
		Amortized					Unrealized		Unrealized			Holding
		Cost Basis					Holding		Holding			Gains/(Losses)
							Gains		Losses
	October 31, 2013
	Equity securities	$	185	$	185		$	—	$	—		$	—
	Debt securities:
	Corporate	29,913		30,749			1,262		(426		)	836
	U.S. Treasury	11,120		11,287			260		(93		)	167
	Federal agency	19,285		20,086			1,105		(304		)	801
	Mortgage-backed	5,751		5,975			229		(5		)	224
	Commercial Paper	1,698		1,699			1		—			1
		$	67,952	$	69,981		$	2,857	$	(828	)	$	2,029
	July 31, 2013
	Equity securities	$	176	$	176		$	—	$	—		$	—
	Debt securities:
	Corporate	31,546		32,393			1,274		(427		)	847
	U.S. Treasury	11,339		11,543			294		(90		)	204
	Federal agency	19,810		20,642			1,131		(299		)	832
	Mortgage-backed	5,752		5,990			238		—			238
		$	68,623	$	70,744		$	2,937	$	(816	)	$	2,121
Gross unrealized losses and fair value of Company's available-for-sale investments with unrealized losses aggregated by investment category and length of time	'
	The following table shows the gross unrealized losses and fair value of the Company’s available-for-sale investments with unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position:
		Less than 12 months					12 months or greater					Total
		Fair		Gross			Fair		Gross			Fair		Gross
		Value		Unrealized			Value		Unrealized			Value		Unrealized
				Holding					Holding					Holding
				Losses					Losses					Losses
	October 31, 2013
	Debt securities:
	Corporate	$	8,792	$	(426	)	$	—	$	—		$	8,792	$	(426	)
	U.S. Treasury	4,391		(93		)	—		—			4,391		(93		)
	Mortgage-backed	1,501		(5		)	—		—			1,501		(5		)
	Federal agency	3,601		(304		)	—		—			3,601		(304		)
		$	18,285	$	(828	)	$	—	$	—		$	18,285	$	(828	)
		Less than 12 months					12 months or greater					Total
		Fair		Gross			Fair		Gross			Fair		Gross
		Value		Unrealized			Value		Unrealized			Value		Unrealized
				Holding					Holding					Holding
				Losses					Losses					Losses
	July 31, 2013
	Debt securities:
	Corporate	10,990		(427		)	—		—			10,990		(427		)
	U.S. Treasury	3,778		(90		)	—		—			3,778		(90		)
	Federal Agency	3,701		(299		)	—		—			3,701		(299		)
		$	18,469	$	(816	)	$	—	$	—		$	18,469	$	(816	)
Proceeds and gross gains and losses from the sale of available-for-sale investments	'
	The following table shows the proceeds and gross gains and losses from the sale of available-for-sale investments for the three months ended October 31, 2013 and October 31, 2012:
		Three Months Ended
		Oct 31, 2013		Oct 31, 2012
	Proceeds from sales	$	500	$	5,597
	Realized gross gains on sales	—		192
	Realized gross losses on sales	1		2
Trading Securities [Table Text Block]	'
	The following is a summary of the Company’s trading securities by category which are classified within other non-current assets in the Company’s condensed consolidated balance sheets.
		31-Oct-13		31-Jul-13
	Equity securities	$	199	$	190
	Corporate debt securities	2		—
	Total trading securities	$	201	$	190
	The following table shows the net gains and losses recognized on trading securities for the three months ended October 31, 2013 and October 31, 2012:
		Three Months Ended
		Oct 31, 2013		Oct 31, 2012
	Gains/(losses), net recognized for securities held	$	16	$	—
	Gains/(losses), net recognized for securities sold	—		—
	Total gains/(losses), net recognized	$	16	$	—

DERIVATIVE_INSTRUMENTS_AND_HED1

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

3 Months Ended

Oct. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

'

Fair values of the Company's derivative financial instruments included in the consolidated balance sheets

'

The fair values of the Company’s derivative financial instruments included in the condensed consolidated balance sheets are presented as follows:

Asset Derivatives

Liability Derivatives

October 31, 2013

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Derivatives designated as hedging instruments

Foreign exchange forward contracts

Other current assets

$

405

Other current liabilities

$

92

Derivatives not designated as hedging instruments

Foreign exchange forward contracts

Other current assets

$

775

Other current liabilities

$

1,303

Total derivatives

$

1,180

$

1,395

Nonderivative instruments designated as hedging instruments

Net investment hedge

Long-term debt, net of current portion

$

91,359

Asset Derivatives

Liability Derivatives

July 31, 2013

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Derivatives designated as hedging instruments

Foreign exchange forward contracts

Other current assets

$

—

Other current liabilities

$

1,941

Derivatives not designated as hedging instruments

Foreign exchange forward contracts

Other current assets

$

301

Other current liabilities

$

1,125

Total derivatives

$

301

$

3,066

Nonderivative instruments designated as hedging instruments

Net investment hedge

Long-term debt, net of current portion

$

91,800

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

'

The amounts of the gains and losses related to the Company’s derivative financial instruments designated as hedging instruments for the three months ended October 31, 2013 and October 31, 2012 are presented as follows:

Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion)

Location of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)

Amount of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion) (a)

Three Months Ended

Three Months Ended

Oct 31, 2013

Oct 31, 2012

Oct 31, 2013

Oct 31, 2012

Derivatives in cash flow hedging relationships

Foreign exchange forward contracts

$

1,821

$

(1,952

)

Net sales

$

(1

)

$

(91

)

Cost of sales

(820

)

—

Total derivatives

$

1,821

$

(1,952

)

$

(821

)

$

(91

)

(a)

There were no gains or losses recognized in earnings related to the ineffective portion of the hedging relationship or related to the amount excluded from the assessment of hedge effectiveness for the three months ended October 31, 2013 and October 31, 2012.

The amounts of the gains and loss

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location

'

The amounts of the gains and losses related to the Company’s derivative financial instruments not designated as hedging instruments for the three months ended October 31, 2013 and October 31, 2012 are presented as follows:

Amount of Gain or (Loss) Recognized in

Earnings on Derivatives

Three Months Ended

Location of Gain or (Loss) Recognized in Earnings on Derivatives

Oct 31, 2013

Oct 31, 2012

Derivatives not designated as hedging relationships

Foreign exchange forward contracts

Selling, general and administrative expenses

$

450

$

(2,438

)

Schedule of Net Investment Hedges in Accumulated Other Comprehensive Income (Loss)

'

The amounts of the gains and losses related to the Company’s nonderivative financial instruments designated as hedging instruments for the three months ended October 31, 2013 and October 31, 2012 are presented as follows:

Amount of Gain or (Loss)

Location of Gain or

Amount of Gain or (Loss) Reclassified from

Recognized in OCI on Derivatives

(Loss) Reclassified

Accumulated OCI into Earnings

(Effective Portion)

from Accumulated

(Effective Portion) (b)

OCI into Earnings

(Effective Portion)

Three Months Ended

Three Months Ended

Oct 31, 2013

Oct 31, 2012

Oct 31, 2013

Oct 31, 2012

Nonderivatives designated as hedging relationships

Net investment hedge

$

(441

)

$

1,337

N/A

$

—

$

—

(b)

There were no gains or losses recognized in earnings related to the ineffective portion of the hedging relationship or related to the amount excluded from the assessment of hedge effectiveness for the three months ended October 31, 2013 and October 31, 2012.

ACCUMULATED_OTHER_COMPREHENSIV1

ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Tables)	3 Months Ended
	Oct. 31, 2013
Accumulated Other Comprehensive Income/(Loss) [Abstract]	'
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	'
	Changes in accumulated other comprehensive income by component are presented below:
		Foreign Currency Translation			Defined Benefit Pension Plan			Unrealized investment gains/(losses)			Unrealized gains/(losses) on derivatives			Accumulated other comprehensive income/(loss)
	Balance at July 31, 2013	$	84,598		$	(125,211	)	$	2,123		$	(2,302	)	$	(40,792	)
	Other comprehensive income/(loss) before reclassifications	43,227			—			(119		)	1,648			44,756
	Amounts reclassified from accumulated other comprehensive income (loss)	—			2,149			37			807			2,993
	Foreign exchange adjustments and other	—			(2,743		)	—			—			(2,743		)
	Balance at October 31, 2013	$	127,825		$	(125,805	)	$	2,041		$	153		$	4,214
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	'
	Reclassifications out of accumulated other comprehensive income are presented below:
		Three Months Ended			Affected line item in the Condensed Consolidated Statement of Earnings
		31-Oct-13
	Defined Benefit Pension Plan
	Amortization of prior service cost	$	(384	)	Note (a)
	Recognized actuarial gain/(loss)	(2,730		)	Note (a)
	Total before tax	(3,114		)
	Tax benefit	965
	Net of tax	$	(2,149	)
	Unrealized investment gains/(losses)
	Realized investment gain/(losses)	$	(57	)	Selling, general and administrative
	Tax (expense)/benefit	20
	Net of tax	$	(37	)
	Unrealized gains/(losses) on derivatives
	Foreign exchange forward contracts	$	(1	)	Sales
	Foreign exchange forward contracts	(820		)	Cost of sales
	Total before tax	(821		)
	Tax benefit	14
	Net of tax	$	(807	)
	(a)	These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 8, Components of Net Periodic Pension Cost, for additional details).

SEGMENT_INFORMATION_Tables

SEGMENT INFORMATION (Tables)	3 Months Ended
	Oct. 31, 2013
Segment Reporting [Abstract]	'
Segment Information	'
	The following table presents sales and segment profit from continuing operations by business segment reconciled to earnings from continuing operations before income taxes, for the three months ended October 31, 2013 and October 31, 2012.
		Three Months Ended
		Oct 31, 2013		Oct 31, 2012
	SALES:
	Life Sciences	$	318,946	$	299,951
	Industrial	310,833		327,649
	Total	$	629,779	$	627,600
	SEGMENT PROFIT:
	Life Sciences	$	73,045	$	69,842
	Industrial	50,482		52,766
	Total segment profit	123,527		122,608
	Corporate Services Group	15,964		14,065
	ROTC	9,198		4,274
	Interest (income)/expense, net	5,977		(568		)
	Earnings from continuing operations before income taxes	$	92,388	$	104,837

DISCONTINUED_OPERATIONS_Tables

DISCONTINUED OPERATIONS (Tables)	3 Months Ended
	Oct. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures	'
	The key components of discontinued operations for the three months ended October 31, 2012 were as follows:
		Three Months Ended
		Oct 31, 2012
	Net sales	$	3,027
	Earnings from discontinued operations before income taxes	$	399,984
	Provision for income taxes	149,677
	Earnings from discontinued operations, net of income taxes	$	250,307
	Included in earnings from discontinued operations before income taxes above are a gain on the sale of the Product Line of $400,283, respectively, for the three months ended October 31, 2012.

BALANCE_SHEET_DETAILS_Details

BALANCE SHEET DETAILS (Details) (USD $)	Oct. 31, 2013	Jul. 31, 2013
In Thousands, unless otherwise specified
Receivables [Abstract]	'	'
Billed	$469,075	$508,448
Unbilled	78,508	72,787
Total	547,583	581,235
Less: Allowances for doubtful accounts	-14,779	-14,900
Accounts receivable	$532,804	$566,335

BALANCE_SHEET_DETAILS_Details_

BALANCE SHEET DETAILS (Details 1) (USD $)	Oct. 31, 2013	Jul. 31, 2013
In Thousands, unless otherwise specified
Inventory, Net [Abstract]	'	'
Raw materials and components	$107,496	$94,837
Work-in-process	107,579	94,998
Finished goods	193,086	191,212
Inventory	$408,161	$381,047

BALANCE_SHEET_DETAILS_Details_1

BALANCE SHEET DETAILS (Details 2) (USD $)	Oct. 31, 2013	Jul. 31, 2013
In Thousands, unless otherwise specified
Property, Plant and Equipment [Abstract]	'	'
Property, plant and equipment	$1,707,055	$1,650,274
Less: Accumulated depreciation and amortization	-910,109	-875,326
Property, plant and equipment	$796,946	$774,948

GOODWILL_AND_INTANGIBLE_ASSETS2

GOODWILL AND INTANGIBLE ASSETS (Details) (USD $)	Oct. 31, 2013	Jul. 31, 2013
In Thousands, unless otherwise specified
Goodwill [Line Items]	'	'
Goodwill	$345,157	$342,492
Life Sciences [Member]	'	'
Goodwill [Line Items]	'	'
Goodwill	182,743	180,896
Industrial [Member]	'	'
Goodwill [Line Items]	'	'
Goodwill	$162,414	$161,596

GOODWILL_AND_INTANGIBLE_ASSETS3

GOODWILL AND INTANGIBLE ASSETS (Details 1) (USD $)	Oct. 31, 2013	Jul. 31, 2013
In Thousands, unless otherwise specified
Finite-Lived Intangible Assets [Line Items]	'	'
Gross	$236,119	$238,439
Accumulated Amortization	95,432	101,196
Net	140,687	137,243
Patents and unpatented technology [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross	113,558	123,707
Accumulated Amortization	61,330	69,992
Net	52,228	53,715
Customer-related intangibles [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross	105,528	97,016
Accumulated Amortization	25,226	22,425
Net	80,302	74,591
Trademarks [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross	13,357	13,291
Accumulated Amortization	6,403	6,166
Net	6,954	7,125
Other [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross	3,676	4,425
Accumulated Amortization	2,473	2,613
Net	$1,203	$1,812

GOODWILL_AND_INTANGIBLE_ASSETS4

GOODWILL AND INTANGIBLE ASSETS (Details Textuals) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]	'	'
Amortization expense for Intangible assets	$4,724	$5,278
Estimated amortization expense for intangible assets, remainder of 2014	13,899	'
Estimated amortization expense for intangible assets, 2015	16,893	'
Estimated amortization expense for intangible assets, 2016	15,663	'
Estimated amortization expense for intangible assets, 2017	15,584	'
Estimated amortization expense for intangible assets, 2018	15,466	'
Estimated amortization expense for intangible assets, 2019	$13,051	'

TREASURY_STOCK_TREASURY_STOCK_

TREASURY STOCK TREASURY STOCK (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013	Jul. 31, 2013
Stock Repurchase Program [Roll Forward]	'	'
Amount available for repurchases as of July 31, 2013	$206,873	$331,873
New authorizations	0	'
Utilized	125,000	'
Amount available for repurchases as of October 31, 2013	206,873	331,873
September 26, 2011 Authorization [Member]	'	'
Stock Repurchase Program [Roll Forward]	'	'
Amount available for repurchases as of July 31, 2013	0	81,873
New authorizations	0	'
Utilized	81,873	'
Amount available for repurchases as of October 31, 2013	0	81,873
January 17, 2013 Authorization [Member]	'	'
Stock Repurchase Program [Roll Forward]	'	'
Amount available for repurchases as of July 31, 2013	206,873	250,000
New authorizations	0	'
Utilized	43,127	'
Amount available for repurchases as of October 31, 2013	$206,873	$250,000

TREASURY_STOCK_Detail_Textuals

TREASURY STOCK (Detail Textuals) (USD $)	3 Months Ended	1 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Oct. 31, 2013	Nov. 30, 2013
		Subsequent Event [Member]
Subsequent Event [Line Items]	'	'
Total number of shares repurchased (in shares)	1,371	202
Stock Repurchase Program, Amount Utilized	$125,000	'
Aggregate cost of shares repurchased in the period	106,250	'
Average price per share to repurchase shares (in dollars per share)	$77.50	'
ASR Amount Included in Additional Paid in Capital to be Reclassified to Treasury Stock	$18,750	'
Shares issued for stock plans	538	'
Treasury stock, shares	17,003	'

CONTINGENCIES_AND_COMMITMENTS_

CONTINGENCIES AND COMMITMENTS (Details Textuals) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013
Site Contingency [Line Items]	'
Environmental liabilities	$22,224
Pinellas Park Site [Member]	'
Site Contingency [Line Items]	'
Environmental matters	$4,440

RESTRUCTURING_AND_OTHER_CHARGE2

RESTRUCTURING AND OTHER CHARGES, NET (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013		Oct. 31, 2012
Restructuring Charges [Abstract]	'		'
Severance benefits and other employment contract obligations	$3,115	[1]	$3,279	[1]
Professional fees and other costs, net of receipt of insurance claim payments	1,243	[1]	443	[1]
Loss on sale and impairment of assets, net	0	[1]	43	[1]
Reversal of excess restructuring reserves	-344	[1]	-190	[1]
Restructuring Charges	4,014	[1]	3,575	[1]
Cash	4,014	[1]	3,532	[1]
Non-cash	0	[1]	43	[1]
Other Gains (Charges) [Abstract]	'		'
Severance benefits and other employment contract obligations	442	[2]	0	[2]
Professional fees and other costs, net of receipt of insurance claim payments	142	[2]	699	[2]
Loss on sale and impairment of assets, net	160	[2]	0	[2]
Environmental matters	4,440	[2]	'
Other Gains (Charges)	-5,184	[2]	-699	[2]
Cash	5,024	[2]	699	[2]
Non-cash	160	[2]	0	[2]
Restructuring Charges and Other Gains (Charges) [Abstract]	'		'
Severance benefits and other employment contract obligations	3,557		3,279
Professional fees and other costs, net of receipt of insurance claim payments	1,385		1,142
Loss on sale and impairment of assets, net	160		43
Restructuring And Other Gains Charges	-9,198		-4,274
Cash	9,038		4,231
Non-cash	$160		$43
[1]	Restructuring:In fiscal year 2012, the Company announced a multi-year strategic cost reduction initiative (“structural cost improvement initiative”). This initiative impacts both segments as well as the Corporate Services Group. The goal of this initiative is to properly position the Company's cost structure globally to perform in the current economic environment without adversely impacting its growth or innovation potential. Key components of the structural cost improvement initiative include:•the strategic alignment of manufacturing, sales and R&D facilities to cost-effectively deliver high-quality products and superior service to the Company's customers worldwide,•creation of regional shared financial services centers for the handling of accounting transaction processing and other accounting functions,•reorganization of sales functions, to more cost- efficiently deliver superior service to the Company's customers globally, and•reductions in headcount across all functional areas, enabled by efficiencies gained through the Company's ERP systems as well as in order to align to economic conditions.Restructuring charges recorded in the three months ended October 31, 2013 and October 31, 2012 primarily reflect the expenses incurred in connection with the Company’s structural cost improvement initiative as discussed above.
[2]	Other (Gains) / Charges:Environmental Matters: As discussed in Note 5, Contingencies and Commitments, in the three months ended October 31, 2013, the Company increased its previously established environmental reserve related to a matter in Pinellas Park, Florida.

RESTRUCTURING_AND_OTHER_CHARGE3

RESTRUCTURING AND OTHER CHARGES, NET (Details 1) (USD $)

3 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

In Thousands, unless otherwise specified

Oct. 31, 2013

Oct. 31, 2012

Oct. 31, 2013

Jul. 31, 2013

Jul. 31, 2012

Oct. 31, 2013

Jul. 31, 2013

Jul. 31, 2012

Oct. 31, 2013

Jul. 31, 2013

Jul. 31, 2012

Structural Cost Improvement Initiative [Member]

Structural Cost Improvement Initiative [Member]

Structural Cost Improvement Initiative [Member]

Structural Cost Improvement Initiative [Member]

Structural Cost Improvement Initiative [Member]

Structural Cost Improvement Initiative [Member]

Structural Cost Improvement Initiative [Member]

Structural Cost Improvement Initiative [Member]

Structural Cost Improvement Initiative [Member]

Severance [Member]

Severance [Member]

Severance [Member]

Other Restructuring [Member]

Other Restructuring [Member]

Other Restructuring [Member]

Restructuring Reserve [Roll Forward]

'

'

'

'

'

'

'

'

'

'

'

Original charge

$4,014

[1]

$3,575

[1]

'

'

$65,300

'

'

$61,852

'

'

$3,448

Utilized

'

'

-9,473

-31,510

-30,163

-8,650

-29,574

-27,365

-823

-1,936

-2,798

Translation

'

'

369

336

-170

327

313

-123

42

23

-47

Restructuring Reserve

'

'

27,713

34,967

'

26,240

34,364

'

1,473

603

'

Additions

'

'

4,358

24,477

'

3,115

21,637

'

1,243

2,840

'

Reversal of excess restructuring reserves

344

[1]

190

[1]

-344

-557

'

-277

-500

'

-67

-57

'

Restructuring Reserve

'

'

$22,623

$27,713

$34,967

$20,755

$26,240

$34,364

$1,868

$1,473

$603

[1]

Restructuring:In fiscal year 2012, the Company announced a multi-year strategic cost reduction initiative (“structural cost improvement initiative”). This initiative impacts both segments as well as the Corporate Services Group. The goal of this initiative is to properly position the Company's cost structure globally to perform in the current economic environment without adversely impacting its growth or innovation potential. Key components of the structural cost improvement initiative include:•the strategic alignment of manufacturing, sales and R&D facilities to cost-effectively deliver high-quality products and superior service to the Company's customers worldwide,•creation of regional shared financial services centers for the handling of accounting transaction processing and other accounting functions,•reorganization of sales functions, to more cost- efficiently deliver superior service to the Company's customers globally, and•reductions in headcount across all functional areas, enabled by efficiencies gained through the Company's ERP systems as well as in order to align to economic conditions.Restructuring charges recorded in the three months ended October 31, 2013 and October 31, 2012 primarily reflect the expenses incurred in connection with the Company’s structural cost improvement initiative as discussed above.

RESTRUCTURING_AND_OTHER_CHARGE4

RESTRUCTURING AND OTHER CHARGES, NET (Details Textuals) (Restructuring Liability 2009 And 2010 [Member], USD $)	Oct. 31, 2013
In Thousands, unless otherwise specified
Restructuring Liability 2009 And 2010 [Member]	'
Restructuring and other gains charges [Line Items]	'
Restructuring Reserve	$233

INCOME_TAXES_Details_Textuals

INCOME TAXES (Details Textuals) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012	Jul. 31, 2013
Income Tax Disclosure [Abstract]	'	'	'
Effective Income Tax Rate, Continuing Operations	22.60%	14.90%	'
Discrete Tax Item	'	$7,757	'
Income Tax Examination, Liability (Refund) Adjustment from Settlement with Taxing Authority	'	10,193	'
Reversal of Interest Due to Audit Settlement	'	6,704	'
Reversal of Interest, Net of Income Tax, Due to Audit Settlement	'	4,268	'
Unrecognized Tax Benefits	206,479	'	203,376
Unrecognized Tax Benefits, Period Increase (Decrease)	3,103	'	'
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	157,531	'	'
Income Tax Examination, Penalties and Interest Accrued	19,235	'	18,622
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Estimated Range of Change, Lower Bound	0	'	'
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Estimated Range of Change, Upper Bound	$65,069	'	'

COMPONENTS_OF_NET_PERIODIC_PEN2

COMPONENTS OF NET PERIODIC PENSION COST (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012
Defined Benefit Plan Disclosure [Line Items]	'	'
Service cost	$3,166	$3,837
Interest cost	7,232	6,635
Expected return on plan assets	-5,763	-6,486
Amortization of prior service cost/(credit)	384	376
Amortization of actuarial loss	2,730	3,811
Loss due to curtailments and settlements	0	16
Net periodic benefit cost	7,749	8,189
U.S. Plans [Member]	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'
Service cost	2,170	2,648
Interest cost	3,028	2,617
Expected return on plan assets	-2,325	-2,383
Amortization of prior service cost/(credit)	395	393
Amortization of actuarial loss	1,344	2,411
Loss due to curtailments and settlements	0	16
Net periodic benefit cost	4,612	5,702
Foreign Plans [Member]	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'
Service cost	996	1,189
Interest cost	4,204	4,018
Expected return on plan assets	-3,438	-4,103
Amortization of prior service cost/(credit)	-11	-17
Amortization of actuarial loss	1,386	1,400
Loss due to curtailments and settlements	0	0
Net periodic benefit cost	$3,137	$2,487

STOCKBASED_PAYMENT_Details

STOCK-BASED PAYMENT (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Number of Share Based Employee and Director Compensation Award Types	4	'
Allocated Share-based Compensation Expense	$6,131	$5,680
Restricted stock units [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Allocated Share-based Compensation Expense	4,193	3,308
Stock options [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Allocated Share-based Compensation Expense	1,521	1,134
Employee Stock [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Allocated Share-based Compensation Expense	225	388
Management Stock Purchase Plan [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Allocated Share-based Compensation Expense	$192	$850

EARNINGS_PER_SHARE_Details

EARNINGS PER SHARE (Details)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]	'	'
Basic shares outstanding	111,870	114,589
Effect of stock plans	1,265	1,508
Diluted shares outstanding	113,135	116,097

EARNINGS_PER_SHARE_Details_Tex

EARNINGS PER SHARE (Details Textuals)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012
Earnings Per Share [Abstract]	'	'
Employee stock options and restricted stock units which were not included in the computation of diluted shares	529	561

FAIR_VALUE_MEASUREMENTS_Detail

FAIR VALUE MEASUREMENTS (Details) (USD $)	Oct. 31, 2013	Jul. 31, 2013
In Thousands, unless otherwise specified
Available-for-sale securities:	'	'
Securities	$69,981	$70,744
Trading Securities [Abstract]	'	'
Trading Securities	201	190
Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]	'	'
Trading Securities [Abstract]	'	'
Trading Securities	201	190
Derivative financial instruments:	'	'
Foreign exchange forward contracts	1,180	301
Derivative financial instruments:	'	'
Foreign exchange forward contracts	1,395	3,066
Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Equity Securities [Member]	'	'
Available-for-sale securities:	'	'
Securities	185	176
Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Corporate Debt Securities [Member]	'	'
Available-for-sale securities:	'	'
Securities	30,749	32,393
Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | U.S. Treasury [Member]	'	'
Available-for-sale securities:	'	'
Securities	11,287	11,543
Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Federal Agency [Member]	'	'
Available-for-sale securities:	'	'
Securities	20,086	20,642
Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Mortgage-backed [Member]	'	'
Available-for-sale securities:	'	'
Securities	5,975	5,990
Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Commercial Paper [Member]	'	'
Available-for-sale securities:	'	'
Securities	1,699	'
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]	'	'
Trading Securities [Abstract]	'	'
Trading Securities	199	190
Derivative financial instruments:	'	'
Foreign exchange forward contracts	0	0
Derivative financial instruments:	'	'
Foreign exchange forward contracts	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]	'	'
Available-for-sale securities:	'	'
Securities	185	176
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Corporate Debt Securities [Member]	'	'
Available-for-sale securities:	'	'
Securities	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | U.S. Treasury [Member]	'	'
Available-for-sale securities:	'	'
Securities	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Federal Agency [Member]	'	'
Available-for-sale securities:	'	'
Securities	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mortgage-backed [Member]	'	'
Available-for-sale securities:	'	'
Securities	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Commercial Paper [Member]	'	'
Available-for-sale securities:	'	'
Securities	0	'
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]	'	'
Trading Securities [Abstract]	'	'
Trading Securities	2	0
Derivative financial instruments:	'	'
Foreign exchange forward contracts	1,180	301
Derivative financial instruments:	'	'
Foreign exchange forward contracts	1,395	3,066
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Equity Securities [Member]	'	'
Available-for-sale securities:	'	'
Securities	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member]	'	'
Available-for-sale securities:	'	'
Securities	30,749	32,393
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | U.S. Treasury [Member]	'	'
Available-for-sale securities:	'	'
Securities	11,287	11,543
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Federal Agency [Member]	'	'
Available-for-sale securities:	'	'
Securities	20,086	20,642
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage-backed [Member]	'	'
Available-for-sale securities:	'	'
Securities	5,975	5,990
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Commercial Paper [Member]	'	'
Available-for-sale securities:	'	'
Securities	1,699	'
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]	'	'
Trading Securities [Abstract]	'	'
Trading Securities	0	0
Derivative financial instruments:	'	'
Foreign exchange forward contracts	0	0
Derivative financial instruments:	'	'
Foreign exchange forward contracts	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Equity Securities [Member]	'	'
Available-for-sale securities:	'	'
Securities	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Corporate Debt Securities [Member]	'	'
Available-for-sale securities:	'	'
Securities	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | U.S. Treasury [Member]	'	'
Available-for-sale securities:	'	'
Securities	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Federal Agency [Member]	'	'
Available-for-sale securities:	'	'
Securities	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage-backed [Member]	'	'
Available-for-sale securities:	'	'
Securities	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Commercial Paper [Member]	'	'
Available-for-sale securities:	'	'
Securities	0	'
Money Market Funds [Member] | Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]	'	'
Financial assets carried at fair value	'	'
Money market funds	2,786	6,404
Money Market Funds [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]	'	'
Financial assets carried at fair value	'	'
Money market funds	2,786	6,404
Money Market Funds [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]	'	'
Financial assets carried at fair value	'	'
Money market funds	0	0
Money Market Funds [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]	'	'
Financial assets carried at fair value	'	'
Money market funds	$0	$0

INVESTMENT_SECURITIES_Details

INVESTMENT SECURITIES (Details) (USD $)	Oct. 31, 2013	Jul. 31, 2013
In Thousands, unless otherwise specified
Schedule of Available-for-sale Securities [Line Items]	'	'
Cost/ Amortized Cost Basis	$67,952	$68,623
Fair Value	69,981	70,744
Gross Unrealized Holding Gains	2,857	2,937
Gross Unrealized Holding Losses	-828	-816
Net Unrealized Holding Gains/(Losses)	2,029	2,121
Equity Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Equity Securities, Cost/Amortized Cost Basis	185	176
Equity Securities, Fair Value	185	176
Equity Securities, Gross Unrealized Holding Gains	0	0
Equity Securities, Gross Unrealized Holdings Losses	0	0
Equity Securities, Net Unrealized Holding Gains/(Losses)	0	0
Corporate Debt Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Debt Securities, Cost/Amortized Cost Basis	29,913	31,546
Debt Securities, Fair Value	30,749	32,393
Debt Securities, Gross Unrealized Holding Gains	1,262	1,274
Debt Securities, Gross Unrealized Holdings Losses	-426	-427
Debt Securities, Net Unrealized Holding Gains/(Losses)	836	847
U.S. Treasury [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Debt Securities, Cost/Amortized Cost Basis	11,120	11,339
Debt Securities, Fair Value	11,287	11,543
Debt Securities, Gross Unrealized Holding Gains	260	294
Debt Securities, Gross Unrealized Holdings Losses	-93	-90
Debt Securities, Net Unrealized Holding Gains/(Losses)	167	204
Federal Agency [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Debt Securities, Cost/Amortized Cost Basis	19,285	19,810
Debt Securities, Fair Value	20,086	20,642
Debt Securities, Gross Unrealized Holding Gains	1,105	1,131
Debt Securities, Gross Unrealized Holdings Losses	-304	-299
Debt Securities, Net Unrealized Holding Gains/(Losses)	801	832
Mortgage-backed [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Debt Securities, Cost/Amortized Cost Basis	5,751	5,752
Debt Securities, Fair Value	5,975	5,990
Debt Securities, Gross Unrealized Holding Gains	229	238
Debt Securities, Gross Unrealized Holdings Losses	-5	0
Debt Securities, Net Unrealized Holding Gains/(Losses)	224	238
Commercial Paper [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Debt Securities, Cost/Amortized Cost Basis	1,698	'
Debt Securities, Fair Value	1,699	'
Debt Securities, Gross Unrealized Holding Gains	1	'
Debt Securities, Gross Unrealized Holdings Losses	0	'
Debt Securities, Net Unrealized Holding Gains/(Losses)	$1	'

INVESTMENT_SECURITIES_Details_

INVESTMENT SECURITIES (Details 1) (USD $)	Oct. 31, 2013	Jul. 31, 2013
In Thousands, unless otherwise specified
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than 12 months, Fair Value	$18,285	$18,469
Less than 12 months, Gross Unrealized Holding Losses	-828	-816
12 months or greater, Fair Value	0	0
12 months or greater, Gross Unrealized Holding Losses	0	0
Total, Fair Value	18,285	18,469
Total, Gross Unrealized Holding Losses	-828	-816
Corporate Debt Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than 12 months, Fair Value	8,792	10,990
Less than 12 months, Gross Unrealized Holding Losses	-426	-427
12 months or greater, Fair Value	0	0
12 months or greater, Gross Unrealized Holding Losses	0	0
Total, Fair Value	8,792	10,990
Total, Gross Unrealized Holding Losses	-426	-427
U.S. Treasury [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than 12 months, Fair Value	4,391	3,778
Less than 12 months, Gross Unrealized Holding Losses	-93	-90
12 months or greater, Fair Value	0	0
12 months or greater, Gross Unrealized Holding Losses	0	0
Total, Fair Value	4,391	3,778
Total, Gross Unrealized Holding Losses	-93	-90
Mortgage-backed [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than 12 months, Fair Value	1,501	'
Less than 12 months, Gross Unrealized Holding Losses	-5	'
12 months or greater, Fair Value	0	'
12 months or greater, Gross Unrealized Holding Losses	0	'
Total, Fair Value	1,501	'
Total, Gross Unrealized Holding Losses	-5	'
Federal Agency [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than 12 months, Fair Value	3,601	3,701
Less than 12 months, Gross Unrealized Holding Losses	-304	-299
12 months or greater, Fair Value	0	0
12 months or greater, Gross Unrealized Holding Losses	0	0
Total, Fair Value	3,601	3,701
Total, Gross Unrealized Holding Losses	($304)	($299)

INVESTMENT_SECURITIES_Details_1

INVESTMENT SECURITIES (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012
Investments, Debt and Equity Securities [Abstract]	'	'
Proceeds from sales	$500	$5,597
Realized gross gains on sales	0	192
Realized gross losses on sales	$1	$2

INVESTMENT_SECURITIES_INVESTME

INVESTMENT SECURITIES INVESTMENT SECURITIES (Details 3) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012	Jul. 31, 2013
Investments, Debt and Equity Securities [Abstract]	'	'	'
Equity securities	$199	'	$190
Corporate debt securities	2	'	0
Total trading securities	201	'	190
Gains/(losses), net recognized for securities held	16	0	'
Gains/(losses), net recognized for securities sold	0	0	'
Total gains/(losses), net recognized	$16	$0	'

DERIVATIVE_INSTRUMENTS_AND_HED2

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details Textuals)	Oct. 31, 2013	Oct. 31, 2013	Oct. 31, 2013	Oct. 31, 2013	Oct. 31, 2013
	USD ($)	Foreign Exchange Contract [Member]	Not Designated as Hedging Instrument [Member]	Designated as Hedging Instrument [Member]	Unsecured Debt [Member]
		USD ($)	Foreign Exchange Contract [Member]	Cash Flow Hedging [Member]	Jpy Loan Due Fiscal Year 2015 [Member]
			USD ($)	Foreign Exchange Contract [Member]	JPY (¥)
				USD ($)
Derivative [Line Items]	'	'	'	'	'
Derivative, Notional Amount	'	$399,953,000	$322,279,000	$77,674,000	'
Foreign Currency Derivatives at Fair Value, Net	215,000	'	'	'	'
Debt Instrument, Face Amount	'	'	'	'	9,000,000,000
Derivative, Notional Amount Entered During Period	'	'	$574,170,000	$0	'

DERIVATIVE_INSTRUMENTS_AND_HED3

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details) (USD $)	Oct. 31, 2013	Jul. 31, 2013
In Thousands, unless otherwise specified
Foreign Exchange Contract [Member] | Other Current Assets [Member]	'	'
Derivatives, Fair Value [Line Items]	'	'
Foreign exchange forward contracts	$1,180	$301
Foreign Exchange Contract [Member] | Other Current Liabilities [Member]	'	'
Derivatives, Fair Value [Line Items]	'	'
Foreign exchange forward contracts	1,395	3,066
Foreign Exchange Contract [Member] | Designated as Hedging Instrument [Member] | Other Current Assets [Member]	'	'
Derivatives, Fair Value [Line Items]	'	'
Foreign exchange forward contracts	405	0
Foreign Exchange Contract [Member] | Designated as Hedging Instrument [Member] | Other Current Liabilities [Member]	'	'
Derivatives, Fair Value [Line Items]	'	'
Foreign exchange forward contracts	92	1,941
Foreign Exchange Contract [Member] | Not Designated as Hedging Instrument [Member] | Other Current Assets [Member]	'	'
Derivatives, Fair Value [Line Items]	'	'
Foreign exchange forward contracts	775	301
Foreign Exchange Contract [Member] | Not Designated as Hedging Instrument [Member] | Other Current Liabilities [Member]	'	'
Derivatives, Fair Value [Line Items]	'	'
Foreign exchange forward contracts	1,303	1,125
Net Investment Hedging [Member] | Long-term Debt [Member]	'	'
Nonderivative instruments designated as hedging instruments	'	'
Debt Instrument, Fair Value Disclosure	$91,359	$91,800

DERIVATIVE_INSTRUMENTS_AND_HED4

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details 1) (Designated as Hedging Instrument [Member], Foreign Exchange Contract [Member], Cash Flow Hedging [Member], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013		Oct. 31, 2012
Derivative Instruments, Gain (Loss) [Line Items]	'		'
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)	($821)	[1]	($91)	[1]
Net sales [Member]	'		'
Derivative Instruments, Gain (Loss) [Line Items]	'		'
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)	-1	[1]	-91	[1]
Cost of Sales [Member]	'		'
Derivative Instruments, Gain (Loss) [Line Items]	'		'
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)	-820	[1]	0	[1]
Other Comprehensive Income (Loss) [Member]	'		'
Derivative Instruments, Gain (Loss) [Line Items]	'		'
Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion)	$1,821		($1,952)
[1]	There were no gains or losses recognized in earnings related to the ineffective portion of the hedging relationship or related to the amount excluded from the assessment of hedge effectiveness for the three months ended October 31, 2013 and October 31, 2012.

DERIVATIVE_INSTRUMENTS_AND_HED5

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details 2) (Not Designated as Hedging Instrument [Member], Foreign Exchange Contract [Member], Selling, General and Administrative Expenses [Member], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012
Not Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member] | Selling, General and Administrative Expenses [Member]	'	'
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments [Abstract]	'	'
Derivative, Gain (Loss) on Derivative, Net	$450	($2,438)

DERIVATIVE_INSTRUMENTS_AND_HED6

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details 3) (Net Investment Hedging [Member], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013		Oct. 31, 2012
Net Investment Hedging [Member]	'		'
Nonderivatives designated as hedging relationships	'		'
Nonderivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion	($441)		$1,337
Nonderivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion	$0	[1]	$0	[1]
[1]	There were no gains or losses recognized in earnings related to the ineffective portion of the hedging relationship or related to the amount excluded from the assessment of hedge effectiveness for the three months ended October 31, 2013 and October 31, 2012.

ACCUMULATED_OTHER_COMPREHENSIV2

ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'
Balance at July 31, 2013	($40,792)
Other comprehensive income/(loss) before reclassifications	44,756
Amounts reclassified from accumulated other comprehensive income (loss)	2,993
Foreign exchange adjustments and other	-2,743
Balance at October 31, 2013	4,214
Foreign Currency Translation [Member]	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'
Balance at July 31, 2013	84,598
Other comprehensive income/(loss) before reclassifications	43,227
Amounts reclassified from accumulated other comprehensive income (loss)	0
Balance at October 31, 2013	127,825
Defined Benefit Pension Plan [Member]	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'
Balance at July 31, 2013	-125,211
Other comprehensive income/(loss) before reclassifications	0
Amounts reclassified from accumulated other comprehensive income (loss)	2,149
Foreign exchange adjustments and other	-2,743
Balance at October 31, 2013	-125,805
Unrealized investment gains/(losses) [Member]	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'
Balance at July 31, 2013	2,123
Other comprehensive income/(loss) before reclassifications	-119
Amounts reclassified from accumulated other comprehensive income (loss)	37
Balance at October 31, 2013	2,041
Unrealized gains/(losses) on derivatives [Member]	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'
Balance at July 31, 2013	-2,302
Other comprehensive income/(loss) before reclassifications	1,648
Amounts reclassified from accumulated other comprehensive income (loss)	807
Balance at October 31, 2013	$153

ACCUMULATED_OTHER_COMPREHENSIV3

ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Details 1) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013		Oct. 31, 2012
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'
Total before tax	$92,388		$104,837
Tax benefit	-20,875		-15,672
Net of tax	71,513		339,472
Realized investment gain/(losses)	-194,884		-195,965
Foreign exchange forward contracts	629,779		627,600
Foreign exchange forward contracts	-304,065		-300,517
Accumulated Defined Benefit Plans Adjustment [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]	'		'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'
Amortization of prior service cost	-384	[1]	'
Recognized actuarial gain/(loss)	-2,730	[1]	'
Total before tax	-3,114		'
Tax benefit	965		'
Net of tax	-2,149		'
Accumulated Net Unrealized Investment Gain (Loss) [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]	'		'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'
Tax benefit	20		'
Net of tax	-37		'
Realized investment gain/(losses)	-57		'
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]	'		'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'
Total before tax	-821		'
Tax benefit	14		'
Net of tax	-807		'
Foreign Exchange Contract [Member] | Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]	'		'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'
Foreign exchange forward contracts	-1		'
Foreign exchange forward contracts	($820)		'
[1]	These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 8, Components of Net Periodic Pension Cost, for additional details).

SEGMENT_INFORMATION_Details

SEGMENT INFORMATION (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012
Segment Reporting Information, Revenue for Reportable Segment [Abstract]	'	'
Net sales	$629,779	$627,600
Operating Income (Loss) [Abstract]	'	'
Restructuring And Other Gains (Charges)	9,198	4,274
Interest Income (Expense), Nonoperating, Net	5,977	-568
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	92,388	104,837
Life Sciences Segment [Member]	'	'
Segment Reporting Information, Revenue for Reportable Segment [Abstract]	'	'
Net sales	318,946	299,951
Industrial Segment [Member]	'	'
Segment Reporting Information, Revenue for Reportable Segment [Abstract]	'	'
Net sales	310,833	327,649
Operating Segments [Member]	'	'
Operating Income (Loss) [Abstract]	'	'
Operating Income (Loss)	123,527	122,608
Operating Segments [Member] | Life Sciences Segment [Member]	'	'
Operating Income (Loss) [Abstract]	'	'
Operating Income (Loss)	73,045	69,842
Operating Segments [Member] | Industrial Segment [Member]	'	'
Operating Income (Loss) [Abstract]	'	'
Operating Income (Loss)	50,482	52,766
Corporate, Non-Segment [Member]	'	'
Operating Income (Loss) [Abstract]	'	'
Operating Income (Loss)	-15,964	-14,065
Segment Reconciling Items [Member]	'	'
Operating Income (Loss) [Abstract]	'	'
Restructuring And Other Gains (Charges)	9,198	4,274
Interest Income (Expense), Nonoperating, Net	$5,977	($568)

DISCONTINUED_OPERATIONS_DISCON

DISCONTINUED OPERATIONS DISCONTINUED OPERATIONS (Details Textual) (Product Line [Member], USD $)	1 Months Ended	3 Months Ended
	Aug. 31, 2012	Oct. 31, 2012	Apr. 28, 2012
	employee
Product Line [Member]	'	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'
Expected proceeds from divestiture of component	'	'	$550,000,000
Number of employees to be transferred	1,400	'	'
Proceeds From divestiture of component	535,000,000	'	'
Gain (loss) on the sale of product line	'	$400,283,000	'

DISCONTINUED_OPERATIONS_DISCON1

DISCONTINUED OPERATIONS DISCONTINUED OPERATIONS (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'
Earnings from discontinued operations, net of income taxes	$0	$250,307
Product Line [Member]	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'
Net sales	'	3,027
Earnings from discontinued operations before income taxes	'	399,984
Provision for income taxes	'	149,677
Earnings from discontinued operations, net of income taxes	'	$250,307