Pall 10-Q 25 Feb 15 2015 Q2 Quarterly report Financial data

DOCUMENT_AND_ENTITY_INFORMATIO

DOCUMENT AND ENTITY INFORMATION	6 Months Ended
	Jan. 31, 2015	Feb. 23, 2015
Entity Information [Line Items]
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	31-Jan-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2
Entity Registrant Name	PALL CORP
Entity Central Index Key	75829
Current Fiscal Year End Date	-24
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		106,645,105

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Jan. 31, 2015	Jul. 31, 2014
In Thousands, unless otherwise specified
Current assets:
Cash and cash equivalents	$1,029,673	$964,110
Accounts receivable	527,847	615,713
Inventory	377,210	404,878
Other current assets	153,897	152,522
Total current assets	2,088,627	2,137,223
Property, plant and equipment	741,845	805,327
Goodwill	469,643	491,462
Intangible assets	218,776	242,423
Other non-current assets	149,017	176,078
Total assets	3,667,908	3,852,513
Current liabilities:
Notes payable	724,796	424,943
Accounts payable	140,991	165,373
Accrued liabilities	265,954	328,397
Income taxes payable	56,542	60,775
Current portion of long-term debt	76,412	87,955
Dividends payable	32,518	30,203
Total current liabilities	1,297,213	1,097,646
Long-term debt, net of current portion	375,342	375,826
Income taxes payable – non-current	151,339	150,484
Deferred taxes and other non-current liabilities	54,241	67,303
Other non-current liabilities	239,641	265,897
Total liabilities	2,117,776	1,957,156
Stockholders’ equity:
Common stock, par value $.10 per share	12,796	12,796
Capital in excess of par value	353,255	327,301
Retained earnings	2,618,509	2,512,961
Treasury stock, at cost	-1,232,024	-942,780
Accumulated other comprehensive income/(loss)	-202,404	-14,921
Total stockholders’ equity	1,550,132	1,895,357
Total liabilities and stockholders’ equity	$3,667,908	$3,852,513

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Jan. 31, 2015	Jul. 31, 2014
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		6 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015	Jan. 31, 2014
Income Statement [Abstract]
Net sales	$673,794	$676,969	$1,370,286	$1,306,748
Cost of sales	332,776	332,710	667,860	636,775
Gross profit	341,018	344,259	702,426	669,973
Selling, general and administrative expenses	191,834	196,299	394,490	391,183
Research and development	24,458	24,979	49,235	48,246
Restructuring and other charges, net	11,534	9,170	20,774	18,368
Interest expense, net	6,238	5,195	12,940	11,172
Earnings from operations before income taxes	106,954	108,616	224,987	201,004
Provision for income taxes	22,555	24,950	52,315	45,825
Net earnings	$84,399	$83,666	$172,672	$155,179
Earnings per share:
Basic (in dollars per share)	$0.79	$0.76	$1.60	$1.39
Diluted (in dollars per share)	$0.78	$0.75	$1.59	$1.38
Dividends declared per share	$0.31	$0	$0.61	$0.28
Average shares outstanding:
Basic	107,139	110,720	107,639	111,263
Diluted	108,507	111,980	108,896	112,532

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015	Jan. 31, 2014
Statement of Comprehensive Income [Abstract]
Net earnings	$84,399	$83,666	$172,672	$155,179
Other comprehensive income/(loss), net of income taxes:
Foreign currency translation	-119,915	-21,938	-201,212	21,289
Pension liability adjustment	7,211	-71	13,563	-665
Unrealized investment losses	61	-292	-571	-374
Unrealized gains/(losses) on derivatives	1,953	3,126	737	5,581
Total other comprehensive income/(loss), net of income taxes	-110,690	-19,175	-187,483	25,831
Comprehensive income	($26,291)	$64,491	($14,811)	$181,010

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015	Jan. 31, 2014
Operating Activities
Net cash provided by operating activities	$238,166	$205,595
Investing Activities
Capital expenditures	-25,240	-34,663
Acquisition of businesses, net of cash acquired	-1,741	-5,299
Purchases of retirement benefit assets	-38,506	-14,312
Proceeds from retirement benefit assets	40,913	19,946
Proceeds from sale of assets	2,200	1,953
Other	-4,565	-3,278
Net cash used by investing activities	-26,939	-35,653
Financing Activities
Notes payable	299,853	134,963
Dividends paid	-62,796	-58,408
Repayments of short-term debt	0	-3,927
Repayments of long-term debt	-280	-375
Net proceeds from stock plans	8,169	7,130
Additions to deferred financing costs	1,535	0
Purchase of treasury stock	-304,105	-250,000
Excess tax benefits from stock-based compensation arrangements	2,475	9,444
Other	-1,458	0
Net cash used by financing activities	-59,677	-161,173
Cash and cash equivalents at beginning of year	-85,987	6,179
Net increase in cash and cash equivalents	65,563	14,948
Effect of exchange rate changes on cash and cash equivalents	964,110	936,886
Cash and cash equivalents at end of period	1,029,673	951,834
Supplemental Disclosures
Interest paid	12,715	11,844
Income taxes paid (net of refunds)	$41,683	$31,772

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jan. 31, 2015
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, 2014 (“2014 Form 10-K”).

BALANCE_SHEET_DETAILS

BALANCE SHEET DETAILS	6 Months Ended
	Jan. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BALANCE SHEET DETAILS	BALANCE SHEET DETAILS
	The following tables provide details of selected balance sheet items:
		Jan 31, 2015			Jul 31, 2014
	Accounts receivable:
	Billed	$	464,175		$	556,928
	Unbilled	77,250			72,681
	Total	541,425			629,609
	Less: Allowances for doubtful accounts	(13,578		)	(13,896		)
		$	527,847		$	615,713
	Unbilled receivables principally relate to revenues accrued for long-term contracts recorded under the percentage-of-completion method of accounting.
		Jan 31, 2015			Jul 31, 2014
	Inventory:
	Raw materials and components	$	132,458		$	117,581
	Work-in-process	94,056			112,824
	Finished goods	150,696			174,473
		$	377,210		$	404,878
		Jan 31, 2015			Jul 31, 2014
	Property, plant and equipment:
	Property, plant and equipment	$	1,690,242		$	1,776,983
	Less: Accumulated depreciation and amortization	(948,397		)	(971,656		)
		$	741,845		$	805,327

GOODWILL_AND_INTANGIBLE_ASSETS

GOODWILL AND INTANGIBLE ASSETS	6 Months Ended
	Jan. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	GOODWILL AND INTANGIBLE ASSETS
	The following table presents changes in the carrying value of goodwill, allocated by reportable segment:
		Life Sciences			Industrial			Total
	Balance at July 31, 2014	$	269,758		$	221,704		$	491,462
	Acquisitions	—			2,617			2,617
	Foreign currency translation / other	(18,572		)	(5,864		)	(24,436		)
	Balance at January 31, 2015	$	251,186		$	218,457		$	469,643
	Increase in acquisitions primarily related to working capital adjustment for acquisition of Filter Specialists, Inc.
	Intangible assets consist of the following:
	January 31, 2015	Gross			Accumulated			Net
					Amortization
	Patents and unpatented technology	$	158,103		$	68,661		$	89,442
	Customer-related intangibles	158,372			38,854			119,518
	Trademarks	16,473			7,593			8,880
	Other	3,477			2,541			936
		$	336,425		$	117,649		$	218,776
	July 31, 2014	Gross			Accumulated			Net
					Amortization
	Patents and unpatented technology	$	165,727		$	66,126		$	99,601
	Customer-related intangibles	165,759			33,845			131,914
	Trademarks	16,971			7,130			9,841
	Other	3,647			2,580			1,067
		$	352,104		$	109,681		$	242,423
	Intangible assets were primarily impacted by changes in the foreign exchange rates used to translate intangible assets of foreign subsidiaries.
	Amortization expense for intangible assets for the three and six months ended January 31, 2015 was $6,029 and $12,246, respectively. Amortization expense for intangible assets for the three and six months ended January 31, 2014 was $4,655 and $9,379, respectively. Amortization expense is estimated to be approximately $10,819 for the remainder of fiscal year 2015, $21,521 in fiscal year 2016, $21,232 in fiscal year 2017, $21,098 in fiscal year 2018, $18,969 in fiscal year 2019, and $17,642 in fiscal year 2020.

TREASURY_STOCK

TREASURY STOCK	6 Months Ended
	Jan. 31, 2015
Stockholders' Equity Note [Abstract]
TREASURY STOCK	TREASURY STOCK
	The following table highlights the share repurchase authorizations in effect during fiscal year 2015:
		Date of Authorization
		17-Jan-13			17-Jul-14			9-Oct-14		Total
	Amount available for repurchases as of July 31, 2014	$	81,873		$	600,000		$	—	$	681,873
	New authorizations	—			—			200,000		200,000
	Utilized	(81,873		)	(222,232		)	—		(304,105		)
	Amount available for repurchases as of January 31, 2015	$	—		$	377,768		$	200,000	$	577,768
	The Company’s shares may be purchased over time as market and business conditions warrant. There is no time restriction on these authorizations. In August 2014, the Company entered into an Accelerated Share Repurchase (“ASR”) agreement with a third-party financial institution to repurchase $300,000 of the Company’s common stock. This transaction was completed in the second quarter of fiscal year 2015. Under the agreement, the Company paid $300,000 to the financial institution. Upon completion of the transaction, the Company received a total of 3,461 shares with an average price per share of $86.67. In addition, during the three months ended January 31, 2015, the Company purchased 44 shares on the open market for a total cost of $4,105 and an average price per share of $94.26.
	During the six months ended January 31, 2015, 275 shares were issued under the Company’s stock-based compensation plans. At January 31, 2015, the Company held 21,341 treasury shares.

CONTINGENCIES_AND_COMMITMENTS

CONTINGENCIES AND COMMITMENTS	6 Months Ended
	Jan. 31, 2015
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 2014 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 January 31, 2015 and July 31, 2014.
	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 2014 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 2014 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
	The Company’s condensed consolidated balance sheet at January 31, 2015 includes liabilities for environmental matters of $18,098 which relate primarily to the environmental proceedings discussed in the 2014 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	6 Months Ended
	Jan. 31, 2015
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 and six months ended January 31, 2015 and January 31, 2014:
			Three Months Ended Jan 31, 2015									Six Months Ended Jan 31, 2015
			Restructuring (1)			Other Charges/(Gains) (2)			Total			Restructuring (1)			Other Charges/(Gains) (2)			Total
	Severance benefits and other employment contract obligations		$	6,271		$	—		$	6,271		$	15,021		$	—		$	15,021
	Professional fees and other costs, net of receipt of insurance claim payments		438			197			635			990			245			1,235
	Impairment of assets		4,334			1,620			5,954			4,334			1,620			5,954
	Reversal of excess restructuring reserves		(1,326		)	—			(1,326		)	(1,436		)	—			(1,436		)
			$	9,717		$	1,817		$	11,534		$	18,909		$	1,865		$	20,774
	Cash		$	5,383		$	197		$	5,580		$	14,575		$	245		$	14,820
	Non-cash		4,334			1,620			5,954			4,334			1,620			5,954
			$	9,717		$	1,817		$	11,534		$	18,909		$	1,865		$	20,774
			Three Months Ended Jan 31, 2014									Six Months Ended Jan 31, 2014
			Restructuring (1)			Other Charges/(Gains) (2)			Total			Restructuring (1)			Other Charges/(Gains) (2)			Total
	Severance benefits and other employment contract obligations		$	7,347		$	(844	)	$	6,503		$	10,462		$	(402	)	$	10,060
	Professional fees and other costs, net of receipt of insurance claim payments		894			2,053			2,947			2,137			2,195			4,332
	Impairment of assets		—			—			—			—			160			160
	Environmental matters		—			—			—			—			4,440			4,440
	Reversal of excess restructuring reserves		(280		)	—			(280		)	(624		)	—			(624		)
			$	7,961		$	1,209		$	9,170		$	11,975		$	6,393		$	18,368
	Cash		$	7,961		$	1,209		$	9,170		$	11,975		$	6,233		$	18,208
	Non-cash		—			—			—			—			160			160
			$	7,961		$	1,209		$	9,170		$	11,975		$	6,393		$	18,368
	(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 and global 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 and six months ended January 31, 2015 and January 31, 2014 primarily reflect the expenses incurred in connection with the Company’s structural cost improvement initiative as discussed above. Restructuring charges recorded in the three and six months ended January 31, 2015 also include the impairment of assets related to the exit of an immaterial product line.
	(2) Other Charges/(Gains):
	Severance benefits and other employment contract obligations: In the three and six months ended January 31, 2014, the Company recorded adjustments related to certain employment contract obligations.
	Professional fees and other: In the three months ended January 31, 2014, the Company recorded acquisition related legal and other professional fees.
	Impairment of assets: In the three months ended January 31, 2015, the Company recorded an impairment related to a redundant software project.
	Environmental matters: In the six months ended January 31, 2014, 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 July 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 July 31, 2013		$	26,240		$	1,473		$	27,713
	Additions		27,803			4,419			32,222
	Utilized		(26,178		)	(4,596		)	(30,774		)
	Reversal of excess reserves		(1,923		)	(107		)	(2,030		)
	Translation		230			39			269
	Balance at July 31, 2014		$	26,172		$	1,228		$	27,400
	Additions		15,021			990			16,011
	Utilized		(17,997		)	(1,207		)	(19,204		)
	Reversal of excess reserves		(1,429		)	(7		)	(1,436		)
	Translation		(2,563		)	(103		)	(2,666		)
	Balance at January 31, 2015		$	19,204		$	901		$	20,105

INCOME_TAXES

INCOME TAXES	6 Months Ended
	Jan. 31, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES
	The Company’s effective tax rates for the six months ended January 31, 2015 and January 31, 2014 were 23.3% and 22.8%, respectively. For the six months ended January 31, 2015 and January 31, 2014, the effective tax rate varied from the U.S. federal statutory rate primarily due to the benefits of foreign operations.
	At January 31, 2015 and July 31, 2014, the Company had gross unrecognized income tax benefits of $200,144 and $202,564, respectively. During the six months ended January 31, 2015, the amount of gross unrecognized tax benefits decreased by $2,420, primarily due to the recognition of a tax position taken in a prior year and the impact of foreign currency translation partially offset by tax positions taken during the current period. As of January 31, 2015, the amount of net unrecognized income tax benefits that, if recognized, would impact the effective tax rate was $163,857.
	At January 31, 2015 and July 31, 2014, the Company had liabilities of $15,343 and $14,556, 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 $43,963.

COMPONENTS_OF_NET_PERIODIC_PEN

COMPONENTS OF NET PERIODIC PENSION COST	6 Months Ended
	Jan. 31, 2015
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
		Jan 31, 2015			Jan 31, 2014			Jan 31, 2015			Jan 31, 2014			Jan 31, 2015			Jan 31, 2014
	Service cost	$	2,589		$	2,170		$	883		$	997		$	3,472		$	3,167
	Interest cost	2,896			3,027			3,771			4,321			6,667			7,348
	Expected return on plan assets	(2,484		)	(2,324		)	(3,640		)	(3,542		)	(6,124		)	(5,866		)
	Amortization of prior service cost/(credit)	364			395			1			(10		)	365			385
	Amortization of actuarial loss	1,019			1,345			1,299			1,425			2,318			2,770
	Net periodic benefit cost	$	4,384		$	4,613		$	2,314		$	3,191		$	6,698		$	7,804
		Six Months Ended
		U.S. Plans						Foreign Plans						Total
		Jan 31, 2015			Jan 31, 2014			Jan 31, 2015			Jan 31, 2014			Jan 31, 2015			Jan 31, 2014
	Service cost	$	5,178		$	4,340		$	1,838		$	1,993		$	7,016		$	6,333
	Interest cost	5,792			6,055			7,759			8,525			13,551			14,580
	Expected return on plan assets	(4,967		)	(4,649		)	(7,484		)	(6,980		)	(12,451		)	(11,629		)
	Amortization of prior service cost/(credit)	729			790			2			(21		)	731			769
	Amortization of actuarial loss	2,038			2,689			2,673			2,811			4,711			5,500
	Net periodic benefit cost	$	8,770		$	9,225		$	4,788		$	6,328		$	13,558		$	15,553

STOCKBASED_PAYMENT

STOCK-BASED PAYMENT	6 Months Ended
	Jan. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK-BASED PAYMENT	STOCK-BASED PAYMENT
	The Company currently has three stock-based employee and director compensation plans — the Pall Corporation 2012 Stock Compensation Plan, under which the Company may grant stock options, restricted shares, restricted units, performance shares, and performance units; the Management Stock Purchase Plan (“MSPP”); and the Employee Stock Purchase Plan (“ESPP”). These three plans are more fully described in Note 15, Common Stock, to the consolidated financial statements included in the 2014 Form 10-K.
	The detailed components of stock-based compensation expense recorded in the condensed consolidated statements of earnings for the three and six months ended January 31, 2015 and January 31, 2014 are reflected in the table below:
		Three Months Ended				Six Months Ended
		Jan 31, 2015		Jan 31, 2014		Jan 31, 2015		Jan 31, 2014
	Restricted stock units	$	5,100	$	6,254	$	13,323	$	10,447
	Stock options	1,949		1,965		3,903		3,486
	MSPP	1,454		972		2,519		1,164
	ESPP	263		273		537		498
		$	8,766	$	9,464	$	20,282	$	15,595

EARNINGS_PER_SHARE

EARNINGS PER SHARE	6 Months Ended
	Jan. 31, 2015
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. Equity awards aggregating 477 and 506 were not included in the computation of diluted shares for the three months ended January 31, 2015 and January 31, 2014, respectively, because their effect would have been antidilutive. For the six months ended January 31, 2015 and January 31, 2014, 190 and 921 antidilutive shares, respectively, were excluded. The following is a reconciliation between basic shares outstanding and diluted shares outstanding:
		Three Months Ended		Six Months Ended
		Jan 31, 2015	Jan 31, 2014	Jan 31, 2015	Jan 31, 2014
	Basic shares outstanding	107,139	110,720	107,639	111,263
	Effect of stock plans	1,368	1,260	1,257	1,269
	Diluted shares outstanding	108,507	111,980	108,896	112,532

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
	Jan. 31, 2015
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 January 31, 2015:
			Fair Value Measurements
			As of Jan 31, 2015		Level 1		Level 2		Level 3
	Financial Assets Carried at Fair Value
	Money market funds		$	6,951	$	6,951	$	—	$	—
	Available-for-sale securities:
	Equity securities		860		860		—		—
	Debt securities:
	Corporate		28,898		—		28,898		—
	U.S. Treasury		10,663		—		10,663		—
	Federal agency		12,591		—		12,591		—
	Mortgage-backed		8,218		—		8,218		—
	Trading securities		817		817		—		—
	Derivative financial instruments:
	Foreign exchange forward contracts		7,893		—		7,893		—
	Financial Liabilities Carried at Fair Value
	Derivative financial instruments:
	Foreign exchange forward contracts		3,351		—		3,351		—
	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, 2014:
			Fair Value Measurements
			As of Jul 31, 2014		Level 1		Level 2		Level 3
	Financial Assets Carried at Fair Value
	Money market funds		$	4,860	$	4,860	$	—	$	—
	Available-for-sale securities:
	Equity securities		4,748		4,748		—		—
	Debt securities:
	Corporate		30,243		—		30,243		—
	U.S. Treasury		9,724		—		9,724		—
	Federal agency		13,719		—		13,719		—
	Mortgage-backed		11,405		—		11,405		—
	Trading securities		819		819		—		—
	Derivative financial instruments:
	Foreign exchange forward contracts		5,931		—		5,931		—
	Financial Liabilities Carried at Fair Value
	Derivative financial instruments:
	Foreign exchange forward contracts		1,726		—		1,726		—
	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	6 Months Ended
	Jan. 31, 2015
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 January 31, 2015 range from 2015 to 2046.
	January 31, 2015	Cost/Amortized			Fair Value			Gross Unrealized			Gross Unrealized			Net Unrealized
		Cost Basis						Holding Gains			Holding Losses			Holding
														Gains/(Losses)
	Equity securities	$	703		$	860		$	157		$	—		$	157
	Debt securities:
	Corporate	27,843			28,898			1,061			(6		)	1,055
	U.S. Treasury	10,391			10,663			280			(8		)	272
	Federal agency	11,716			12,591			875			—			875
	Mortgage-backed	8,147			8,218			72			(1		)	71
		$	58,800		$	61,230		$	2,445		$	(15	)	$	2,430
	July 31, 2014	Cost/Amortized			Fair Value			Gross Unrealized			Gross Unrealized			Net Unrealized
		Cost Basis						Holding Gains			Holding Losses			Holding
														Gains/(Losses)
	Equity securities	$	4,160		$	4,748		$	588		$	—		$	588
	Debt securities:
	Corporate	28,987			30,243			1,259			(3		)	1,256
	U.S. Treasury	9,478			9,724			246			—			246
	Federal agency	12,778			13,719			941			—			941
	Mortgage-backed	11,219			11,405			190			(4		)	186
		$	66,622		$	69,839		$	3,224		$	(7	)	$	3,217
	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:
	January 31, 2015	Less Than 12 Months						12 Months or Greater						Total
		Fair Value			Gross Unrealized			Fair Value			Gross Unrealized Holding Losses			Fair Value		Gross Unrealized Holding Losses
					Holding Losses
	Debt securities:
	Corporate	$	1,701		$	(6	)	$	—		$	—		$	1,701	$	(6	)
	U.S. Treasury	906			(8		)	—			—			906		(8		)
	Mortgage-backed	1,381			(1		)	—			—			1,381		(1		)
		$	3,988		$	(15	)	$	—		$	—		$	3,988	$	(15	)
	July 31, 2014	Less Than 12 Months						12 Months or Greater						Total
		Fair Value			Gross Unrealized			Fair Value			Gross Unrealized Holding Losses			Fair Value		Gross Unrealized Holding Losses
					Holding Losses
	Debt securities:
	Corporate	$	3,384		$	(3	)	$	—		$	—		$	3,384	$	(3	)
	Mortgage-backed	1,919			(4		)	—			—			1,919		(4		)
		$	5,303		$	(7	)	$	—		$	—		$	5,303	$	(7	)
	The following table shows the proceeds and gross gains and losses from the sale of available-for-sale and trading investments primarily related to the Company's benefits protection trust for the three and six months ended January 31, 2015 and January 31, 2014:
		Three Months Ended						Six Months Ended
		Jan 31, 2015			Jan 31, 2014			Jan 31, 2015			Jan 31, 2014
	Proceeds from sales	$	17,693		$	2,558		$	33,749		$	3,058
	Realized gross gains on sales	515			84			573			84
	Realized gross losses on sales	7			99			12			100
	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.
		Jan 31, 2015			Jul 31, 2014
	Equity securities	$	817		$	819
	Total trading securities	$	817		$	819
	The following table shows the net gains and losses recognized on trading securities for the three and six months ended January 31, 2015 and January 31, 2014:
		Three Months Ended						Six Months Ended
		Jan 31, 2015			Jan 31, 2014			Jan 31, 2015			Jan 31, 2014
	Gains/(losses), net recognized for securities held	$	(4	)	$	7		$	(32	)	$	23
	Gains/(losses), net recognized for securities sold	—			—			1			—
	Total gains/(losses), net recognized	$	(4	)	$	7		$	(31	)	$	23

DERIVATIVE_INSTRUMENTS_AND_HED

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	6 Months Ended
	Jan. 31, 2015
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 January 31, 2015, the Company had foreign currency forward contracts outstanding with notional amounts aggregating $390,756, whose fair values were a net asset of $4,542.
	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 and six months ended January 31, 2015 was $565,333 and $1,387,104, respectively. The notional amount of foreign currency forward contracts outstanding that were not designated as hedging instruments as of January 31, 2015 was $308,896.
	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 a portion of the British Pound equivalent amount of Euro sales for the British subsidiary and a portion of the Euro equivalent amount of British Pound expenses for the Swiss subsidiary at the agreed upon exchange rates in the foreign exchange forward contracts. The notional amount of foreign currency forward contracts designated as hedging instruments entered into during the three and six months ended January 31, 2015 was $18,975 and $39,404, respectively. The notional amount of foreign currency forward contracts outstanding designated as hedging instruments as of January 31, 2015 was $81,859 and covers certain monthly transactional exposures through February 2016.
	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:
	January 31, 2015		Asset Derivatives						Liability Derivatives
			Balance Sheet Location		Fair Value				Balance Sheet Location		Fair Value
	Derivatives designated as hedging instruments
	Foreign exchange forward contracts		Other current assets		$	5,729			Other current liabilities		$	—
	Derivatives not designated as hedging instruments
	Foreign exchange forward contracts		Other current assets		$	2,164			Other current liabilities		$	3,351
	Total derivatives				$	7,893					$	3,351
	Nonderivative instruments designated as hedging instruments
	Net investment hedge								Current portion of Long-term debt		$	76,086
	July 31, 2014		Asset Derivatives						Liability Derivatives
			Balance Sheet Location		Fair Value				Balance Sheet Location		Fair Value
	Derivatives designated as hedging instruments
	Foreign exchange forward contracts		Other current assets		$	4,755			Other current liabilities		$	3
	Derivatives not designated as hedging instruments
	Foreign exchange forward contracts		Other current assets		$	1,176			Other current liabilities		$	1,723
	Total derivatives				$	5,931					$	1,726
	Nonderivative instruments designated as hedging instruments
	Net investment hedge								Current portion of Long-term debt		$	87,570
	The amounts of the gains and losses related to the Company’s derivative financial instruments designated as hedging instruments for the three and six months ended January 31, 2015 and January 31, 2014 are presented as follows:
	Derivatives in cash flow hedging relationships		Amount of Gain/(Loss) Recognized in OCI on Derivatives (Effective Portion)								Location of Gain/(Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)		Amount of Gain/(Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion) (a)
			Three Months Ended										Three Months Ended
			Jan 31, 2015				Jan 31, 2014						Jan 31, 2015			Jan 31, 2014
	Foreign exchange forward contracts		$	3,806			$	3,489			Net sales		$	560		$	113
											Cost of sales		847			(46		)
	Total derivatives		$	3,806			$	3,489					$	1,407		$	67
	Derivatives in cash flow hedging relationships		Amount of Gain/(Loss) Recognized in OCI on Derivatives (Effective Portion)								Location of Gain/(Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)		Amount of Gain/(Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion) (a)
			Six Months Ended										Six Months Ended
			Jan 31, 2015				Jan 31, 2014						Jan 31, 2015			Jan 31, 2014
	Foreign exchange forward contracts		$	4,397			$	5,310			Net sales		$	1,120		$	112
											Cost of sales		1,938			(866		)
	Total derivatives		$	4,397			$	5,310					$	3,058		$	(754	)
	(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 and six months ended January 31, 2015 and January 31, 2014.
	The amounts of the gains and losses related to the Company’s derivative financial instruments not designated as hedging instruments for the three and six months ended January 31, 2015 and January 31, 2014 are presented as follows:
	Derivatives not designated as hedging relationships		Location of Gain/(Loss) Recognized in Earnings on Derivatives		Amount of Gain/(Loss) Recognized in
					Earnings on Derivatives
					Three Months Ended								Six Months Ended
					Jan 31, 2015				Jan 31, 2014				Jan 31, 2015			Jan 31, 2014
	Foreign exchange forward contracts		Selling, general and administrative expenses		$	(5,910	)		$	(2,793	)		$	(10,420	)	$	(2,343	)
	The amounts of the gains and losses related to the Company’s nonderivative financial instruments designated as hedging instruments for the three and six months ended January 31, 2015 and January 31, 2014 are presented as follows:
	Nonderivatives designated as hedging relationships		Amount of Gain/(Loss) Recognized in OCI on Derivatives (Effective Portion)								Location of Gain/(Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)		Amount of Gain/(Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion) (b)
			Three Months Ended										Three Months Ended
			Jan 31, 2015				Jan 31, 2014						Jan 31, 2015			Jan 31, 2014
	Net investment hedge		$	6,336			$	3,735			N/A		$	—		$	—
	Nonderivatives designated as hedging relationships		Amount of Gain/(Loss) Recognized in OCI on Derivatives (Effective Portion)								Location of Gain/(Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)		Amount of Gain/(Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion) (b)
			Six Months Ended										Six Months Ended
			Jan 31, 2015				Jan 31, 2014						Jan 31, 2015			Jan 31, 2014
	Net investment hedge		$	11,484			$	4,176			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 and six months ended January 31, 2015 and January 31, 2014.

ACCUMULATED_OTHER_COMPREHENSIV

ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)	6 Months Ended
	Jan. 31, 2015
Accumulated Other Comprehensive Income/(Loss) [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)	ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)
	Changes in accumulated other comprehensive income/(loss) 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, 2014		$	98,689		$	(121,280	)	$	2,880		$	4,790		$	(14,921	)
	Other comprehensive income/(loss) before reclassifications		(201,212		)	—			(259		)	3,540			(197,931		)
	Amounts reclassified from accumulated other comprehensive income/(loss)		—			3,822			(312		)	(2,803		)	707
	Foreign exchange adjustments and other		—			9,741			—			—			9,741
	Balance at January 31, 2015		$	(102,523	)	$	(107,717	)	$	2,309		$	5,527		$	(202,404	)
			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		21,289			—			(450		)	4,817			25,656
	Amounts reclassified from accumulated other comprehensive income/(loss)		—			4,330			76			764			5,170
	Foreign exchange adjustments and other		—			(4,995		)	—			—			(4,995		)
	Balance at January 31, 2014		$	105,887		$	(125,876	)	$	1,749		$	3,279		$	(14,961	)
	Reclassifications out of accumulated other comprehensive income/(loss) are presented below:
			Three Months Ended						Six Months Ended						Affected Line Item in the Condensed Consolidated Statement of Earnings
			Jan 31, 2015			Jan 31, 2014			Jan 31, 2015			Jan 31, 2014
	Defined benefit pension plan:
	Amortization of prior service cost		$	(365	)	$	(385	)	$	(731	)	$	(769	)	Note (a)
	Recognized actuarial gain/(loss)		(2,318		)	(2,770		)	(4,711		)	(5,500		)	Note (a)
	Total before tax		(2,683		)	(3,155		)	(5,442		)	(6,269		)
	Tax (expense)/benefit		753			974			1,620			1,939
	Net of tax		$	(1,930	)	$	(2,181	)	$	(3,822	)	$	(4,330	)
	Unrealized investment gains/(losses):
	Realized investment gain/(loss)		$	458		$	(62	)	$	475		$	(119	)	Selling, general and administrative
	Tax (expense)/benefit		(157		)	23			(163		)	43
	Net of tax		$	301		$	(39	)	$	312		$	(76	)
	Unrealized gains/(losses) on derivatives:
	Foreign exchange forward contracts		$	560		$	113		$	1,120		$	112		Sales
	Foreign exchange forward contracts		847			(46		)	1,938			(866		)	Cost of sales
	Total before tax		1,407			67			3,058			(754		)
	Tax (expense)/benefit		(108		)	(24		)	(255		)	(10		)
	Net of tax		$	1,299		$	43		$	2,803		$	(764	)
	(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	6 Months Ended
	Jan. 31, 2015
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 by business segment reconciled to earnings before income taxes for the three and six months ended January 31, 2015 and January 31, 2014.
		Three Months Ended				Six Months Ended
		Jan 31, 2015		Jan 31, 2014		Jan 31, 2015		Jan 31, 2014
	Sales:
	Life Sciences	$	358,456	$	353,230	$	710,920	$	672,176
	Industrial	315,338		323,739		659,366		634,572
	Total	$	673,794	$	676,969	$	1,370,286	$	1,306,748
	Segment Profit:
	Life Sciences	$	88,882	$	90,856	$	175,362	$	163,901
	Industrial	50,939		46,891		115,171		97,373
	Total segment profit	139,821		137,747		290,533		261,274
	Corporate Services Group	15,095		14,766		31,832		30,730
	ROTC	11,534		9,170		20,774		18,368
	Interest expense, net	6,238		5,195		12,940		11,172
	Earnings before income taxes	$	106,954	$	108,616	$	224,987	$	201,004

ACQUISITIONS

ACQUISITIONS	6 Months Ended
	Jan. 31, 2015
ACQUISITIONS [Abstract]
Business Combination Disclosure [Text Block]	ACQUISITIONS
	2014 Acquisitions
	During fiscal year 2014, the Company completed four acquisitions – in the first quarter, Medistad Holding BV (“Medistad”), a European manufacturing entity; in the second quarter, SoloHill Engineering, Inc. (“SoloHill”), a U.S. technology company; in the third quarter, the Life Sciences business of ATMI, Inc. (“ATMI LifeSciences”), a technology leader in the field of single-use bioprocess equipment and consumables for the biopharmaceutical and biotechnology industries; and in the fourth quarter, Filter Specialists, Inc. (“FSI”), a U.S. based worldwide supplier of filtration products and solutions.
	The above transactions (the “2014 acquisitions”) were funded with available cash and borrowings under the Company's commercial paper program. Tangible and intangible assets acquired and liabilities assumed were recognized based upon their estimated fair values at the respective closing dates. The Company is currently in the process of finalizing the valuations of acquired tangible and intangible assets and liabilities for the ATMI LifeSciences and FSI acquisitions, and will make appropriate adjustments to the purchase price allocation prior to completion of the measurement period, as required.
	The results of operations for the 2014 acquisitions since their respective acquisition dates are included in the accompanying condensed consolidated financial statements. The results of operations for FSI are reported in the Industrial Segment, and the results of operations for ATMI LifeSciences, Medistad, and SoloHill are reported in the Life Sciences segment. The impact of the 2014 acquisitions was not material, individually or in the aggregate, to the Company's condensed consolidated financial position or results from operations. Additionally, assuming these transactions had occurred at the beginning of the respective fiscal years, the consolidated pro forma results would not be materially different from reported results for the three and six months ended January 31, 2015 and January 31, 2014.

BASIS_OF_PRESENTATION_Policies

BASIS OF PRESENTATION (Policies)	6 Months Ended
	Jan. 31, 2015
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, 2014 (“2014 Form 10-K”).

BALANCE_SHEET_DETAILS_Tables

BALANCE SHEET DETAILS (Tables)	6 Months Ended
	Jan. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Accounts Receivable
		Jan 31, 2015			Jul 31, 2014
	Accounts receivable:
	Billed	$	464,175		$	556,928
	Unbilled	77,250			72,681
	Total	541,425			629,609
	Less: Allowances for doubtful accounts	(13,578		)	(13,896		)
		$	527,847		$	615,713
	Unbilled receivables principally relate to revenues accrued for long-term contracts recorded under the percentage-of-completion method of accounting.
Major Classes of Inventory
		Jan 31, 2015			Jul 31, 2014
	Inventory:
	Raw materials and components	$	132,458		$	117,581
	Work-in-process	94,056			112,824
	Finished goods	150,696			174,473
		$	377,210		$	404,878
Schedule of Property, Plant And Equipment
		Jan 31, 2015			Jul 31, 2014
	Property, plant and equipment:
	Property, plant and equipment	$	1,690,242		$	1,776,983
	Less: Accumulated depreciation and amortization	(948,397		)	(971,656		)
		$	741,845		$	805,327

GOODWILL_AND_INTANGIBLE_ASSETS1

GOODWILL AND INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jan. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill, allocated by reportable segment
		Life Sciences			Industrial			Total
	Balance at July 31, 2014	$	269,758		$	221,704		$	491,462
	Acquisitions	—			2,617			2,617
	Foreign currency translation / other	(18,572		)	(5,864		)	(24,436		)
	Balance at January 31, 2015	$	251,186		$	218,457		$	469,643
	Increase in acquisitions primarily related to working capital adjustment for acquisition of Filter Specialists, Inc.
Schedule of Intangible Assets	Intangible assets consist of the following:
	January 31, 2015	Gross			Accumulated			Net
					Amortization
	Patents and unpatented technology	$	158,103		$	68,661		$	89,442
	Customer-related intangibles	158,372			38,854			119,518
	Trademarks	16,473			7,593			8,880
	Other	3,477			2,541			936
		$	336,425		$	117,649		$	218,776
	July 31, 2014	Gross			Accumulated			Net
					Amortization
	Patents and unpatented technology	$	165,727		$	66,126		$	99,601
	Customer-related intangibles	165,759			33,845			131,914
	Trademarks	16,971			7,130			9,841
	Other	3,647			2,580			1,067
		$	352,104		$	109,681		$	242,423
	Intangible assets were primarily impacted by changes in the foreign exchange rates used to translate intangible assets of foreign subsidiaries.

TREASURY_STOCK_Tables

TREASURY STOCK (Tables)	6 Months Ended
	Jan. 31, 2015
Stockholders' Equity Note [Abstract]
Schedule of Treasury Stock by Class	The following table highlights the share repurchase authorizations in effect during fiscal year 2015:
		Date of Authorization
		17-Jan-13			17-Jul-14			9-Oct-14		Total
	Amount available for repurchases as of July 31, 2014	$	81,873		$	600,000		$	—	$	681,873
	New authorizations	—			—			200,000		200,000
	Utilized	(81,873		)	(222,232		)	—		(304,105		)
	Amount available for repurchases as of January 31, 2015	$	—		$	377,768		$	200,000	$	577,768

RESTRUCTURING_AND_OTHER_CHARGE1

RESTRUCTURING AND OTHER CHARGES, NET (Tables)	6 Months Ended
	Jan. 31, 2015
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 and six months ended January 31, 2015 and January 31, 2014:
			Three Months Ended Jan 31, 2015									Six Months Ended Jan 31, 2015
			Restructuring (1)			Other Charges/(Gains) (2)			Total			Restructuring (1)			Other Charges/(Gains) (2)			Total
	Severance benefits and other employment contract obligations		$	6,271		$	—		$	6,271		$	15,021		$	—		$	15,021
	Professional fees and other costs, net of receipt of insurance claim payments		438			197			635			990			245			1,235
	Impairment of assets		4,334			1,620			5,954			4,334			1,620			5,954
	Reversal of excess restructuring reserves		(1,326		)	—			(1,326		)	(1,436		)	—			(1,436		)
			$	9,717		$	1,817		$	11,534		$	18,909		$	1,865		$	20,774
	Cash		$	5,383		$	197		$	5,580		$	14,575		$	245		$	14,820
	Non-cash		4,334			1,620			5,954			4,334			1,620			5,954
			$	9,717		$	1,817		$	11,534		$	18,909		$	1,865		$	20,774
			Three Months Ended Jan 31, 2014									Six Months Ended Jan 31, 2014
			Restructuring (1)			Other Charges/(Gains) (2)			Total			Restructuring (1)			Other Charges/(Gains) (2)			Total
	Severance benefits and other employment contract obligations		$	7,347		$	(844	)	$	6,503		$	10,462		$	(402	)	$	10,060
	Professional fees and other costs, net of receipt of insurance claim payments		894			2,053			2,947			2,137			2,195			4,332
	Impairment of assets		—			—			—			—			160			160
	Environmental matters		—			—			—			—			4,440			4,440
	Reversal of excess restructuring reserves		(280		)	—			(280		)	(624		)	—			(624		)
			$	7,961		$	1,209		$	9,170		$	11,975		$	6,393		$	18,368
	Cash		$	7,961		$	1,209		$	9,170		$	11,975		$	6,233		$	18,208
	Non-cash		—			—			—			—			160			160
			$	7,961		$	1,209		$	9,170		$	11,975		$	6,393		$	18,368
	(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 and global 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 and six months ended January 31, 2015 and January 31, 2014 primarily reflect the expenses incurred in connection with the Company’s structural cost improvement initiative as discussed above. Restructuring charges recorded in the three and six months ended January 31, 2015 also include the impairment of assets related to the exit of an immaterial product line.
	(2) Other Charges/(Gains):
	Severance benefits and other employment contract obligations: In the three and six months ended January 31, 2014, the Company recorded adjustments related to certain employment contract obligations.
	Professional fees and other: In the three months ended January 31, 2014, the Company recorded acquisition related legal and other professional fees.
	Impairment of assets: In the three months ended January 31, 2015, the Company recorded an impairment related to a redundant software project.
	Environmental matters: In the six months ended January 31, 2014, 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 July 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 July 31, 2013		$	26,240		$	1,473		$	27,713
	Additions		27,803			4,419			32,222
	Utilized		(26,178		)	(4,596		)	(30,774		)
	Reversal of excess reserves		(1,923		)	(107		)	(2,030		)
	Translation		230			39			269
	Balance at July 31, 2014		$	26,172		$	1,228		$	27,400
	Additions		15,021			990			16,011
	Utilized		(17,997		)	(1,207		)	(19,204		)
	Reversal of excess reserves		(1,429		)	(7		)	(1,436		)
	Translation		(2,563		)	(103		)	(2,666		)
	Balance at January 31, 2015		$	19,204		$	901		$	20,105

COMPONENTS_OF_NET_PERIODIC_PEN1

COMPONENTS OF NET PERIODIC PENSION COST (Tables)	6 Months Ended
	Jan. 31, 2015
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
		Jan 31, 2015			Jan 31, 2014			Jan 31, 2015			Jan 31, 2014			Jan 31, 2015			Jan 31, 2014
	Service cost	$	2,589		$	2,170		$	883		$	997		$	3,472		$	3,167
	Interest cost	2,896			3,027			3,771			4,321			6,667			7,348
	Expected return on plan assets	(2,484		)	(2,324		)	(3,640		)	(3,542		)	(6,124		)	(5,866		)
	Amortization of prior service cost/(credit)	364			395			1			(10		)	365			385
	Amortization of actuarial loss	1,019			1,345			1,299			1,425			2,318			2,770
	Net periodic benefit cost	$	4,384		$	4,613		$	2,314		$	3,191		$	6,698		$	7,804
		Six Months Ended
		U.S. Plans						Foreign Plans						Total
		Jan 31, 2015			Jan 31, 2014			Jan 31, 2015			Jan 31, 2014			Jan 31, 2015			Jan 31, 2014
	Service cost	$	5,178		$	4,340		$	1,838		$	1,993		$	7,016		$	6,333
	Interest cost	5,792			6,055			7,759			8,525			13,551			14,580
	Expected return on plan assets	(4,967		)	(4,649		)	(7,484		)	(6,980		)	(12,451		)	(11,629		)
	Amortization of prior service cost/(credit)	729			790			2			(21		)	731			769
	Amortization of actuarial loss	2,038			2,689			2,673			2,811			4,711			5,500
	Net periodic benefit cost	$	8,770		$	9,225		$	4,788		$	6,328		$	13,558		$	15,553

STOCKBASED_PAYMENT_Tables

STOCK-BASED PAYMENT (Tables)	6 Months Ended
	Jan. 31, 2015
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 and six months ended January 31, 2015 and January 31, 2014 are reflected in the table below:
		Three Months Ended				Six Months Ended
		Jan 31, 2015		Jan 31, 2014		Jan 31, 2015		Jan 31, 2014
	Restricted stock units	$	5,100	$	6,254	$	13,323	$	10,447
	Stock options	1,949		1,965		3,903		3,486
	MSPP	1,454		972		2,519		1,164
	ESPP	263		273		537		498
		$	8,766	$	9,464	$	20,282	$	15,595

EARNINGS_PER_SHARE_Tables

EARNINGS PER SHARE (Tables)	6 Months Ended
	Jan. 31, 2015
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		Six Months Ended
		Jan 31, 2015	Jan 31, 2014	Jan 31, 2015	Jan 31, 2014
	Basic shares outstanding	107,139	110,720	107,639	111,263
	Effect of stock plans	1,368	1,260	1,257	1,269
	Diluted shares outstanding	108,507	111,980	108,896	112,532

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
	Jan. 31, 2015
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 January 31, 2015:
		Fair Value Measurements
		As of Jan 31, 2015		Level 1		Level 2		Level 3
	Financial Assets Carried at Fair Value
	Money market funds	$	6,951	$	6,951	$	—	$	—
	Available-for-sale securities:
	Equity securities	860		860		—		—
	Debt securities:
	Corporate	28,898		—		28,898		—
	U.S. Treasury	10,663		—		10,663		—
	Federal agency	12,591		—		12,591		—
	Mortgage-backed	8,218		—		8,218		—
	Trading securities	817		817		—		—
	Derivative financial instruments:
	Foreign exchange forward contracts	7,893		—		7,893		—
	Financial Liabilities Carried at Fair Value
	Derivative financial instruments:
	Foreign exchange forward contracts	3,351		—		3,351		—
	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, 2014:
		Fair Value Measurements
		As of Jul 31, 2014		Level 1		Level 2		Level 3
	Financial Assets Carried at Fair Value
	Money market funds	$	4,860	$	4,860	$	—	$	—
	Available-for-sale securities:
	Equity securities	4,748		4,748		—		—
	Debt securities:
	Corporate	30,243		—		30,243		—
	U.S. Treasury	9,724		—		9,724		—
	Federal agency	13,719		—		13,719		—
	Mortgage-backed	11,405		—		11,405		—
	Trading securities	819		819		—		—
	Derivative financial instruments:
	Foreign exchange forward contracts	5,931		—		5,931		—
	Financial Liabilities Carried at Fair Value
	Derivative financial instruments:
	Foreign exchange forward contracts	1,726		—		1,726		—

INVESTMENT_SECURITIES_Tables

INVESTMENT SECURITIES (Tables)	6 Months Ended
	Jan. 31, 2015
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 January 31, 2015 range from 2015 to 2046.
	January 31, 2015	Cost/Amortized			Fair Value			Gross Unrealized			Gross Unrealized			Net Unrealized
		Cost Basis						Holding Gains			Holding Losses			Holding
														Gains/(Losses)
	Equity securities	$	703		$	860		$	157		$	—		$	157
	Debt securities:
	Corporate	27,843			28,898			1,061			(6		)	1,055
	U.S. Treasury	10,391			10,663			280			(8		)	272
	Federal agency	11,716			12,591			875			—			875
	Mortgage-backed	8,147			8,218			72			(1		)	71
		$	58,800		$	61,230		$	2,445		$	(15	)	$	2,430
	July 31, 2014	Cost/Amortized			Fair Value			Gross Unrealized			Gross Unrealized			Net Unrealized
		Cost Basis						Holding Gains			Holding Losses			Holding
														Gains/(Losses)
	Equity securities	$	4,160		$	4,748		$	588		$	—		$	588
	Debt securities:
	Corporate	28,987			30,243			1,259			(3		)	1,256
	U.S. Treasury	9,478			9,724			246			—			246
	Federal agency	12,778			13,719			941			—			941
	Mortgage-backed	11,219			11,405			190			(4		)	186
		$	66,622		$	69,839		$	3,224		$	(7	)	$	3,217
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:
	January 31, 2015	Less Than 12 Months						12 Months or Greater						Total
		Fair Value			Gross Unrealized			Fair Value			Gross Unrealized Holding Losses			Fair Value		Gross Unrealized Holding Losses
					Holding Losses
	Debt securities:
	Corporate	$	1,701		$	(6	)	$	—		$	—		$	1,701	$	(6	)
	U.S. Treasury	906			(8		)	—			—			906		(8		)
	Mortgage-backed	1,381			(1		)	—			—			1,381		(1		)
		$	3,988		$	(15	)	$	—		$	—		$	3,988	$	(15	)
	July 31, 2014	Less Than 12 Months						12 Months or Greater						Total
		Fair Value			Gross Unrealized			Fair Value			Gross Unrealized Holding Losses			Fair Value		Gross Unrealized Holding Losses
					Holding Losses
	Debt securities:
	Corporate	$	3,384		$	(3	)	$	—		$	—		$	3,384	$	(3	)
	Mortgage-backed	1,919			(4		)	—			—			1,919		(4		)
		$	5,303		$	(7	)	$	—		$	—		$	5,303	$	(7	)
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 and trading investments primarily related to the Company's benefits protection trust for the three and six months ended January 31, 2015 and January 31, 2014:
		Three Months Ended						Six Months Ended
		Jan 31, 2015			Jan 31, 2014			Jan 31, 2015			Jan 31, 2014
	Proceeds from sales	$	17,693		$	2,558		$	33,749		$	3,058
	Realized gross gains on sales	515			84			573			84
	Realized gross losses on sales	7			99			12			100
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.
		Jan 31, 2015			Jul 31, 2014
	Equity securities	$	817		$	819
	Total trading securities	$	817		$	819
	The following table shows the net gains and losses recognized on trading securities for the three and six months ended January 31, 2015 and January 31, 2014:
		Three Months Ended						Six Months Ended
		Jan 31, 2015			Jan 31, 2014			Jan 31, 2015			Jan 31, 2014
	Gains/(losses), net recognized for securities held	$	(4	)	$	7		$	(32	)	$	23
	Gains/(losses), net recognized for securities sold	—			—			1			—
	Total gains/(losses), net recognized	$	(4	)	$	7		$	(31	)	$	23

DERIVATIVE_INSTRUMENTS_AND_HED1

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)	6 Months Ended
	Jan. 31, 2015
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:
	January 31, 2015		Asset Derivatives						Liability Derivatives
			Balance Sheet Location		Fair Value				Balance Sheet Location		Fair Value
	Derivatives designated as hedging instruments
	Foreign exchange forward contracts		Other current assets		$	5,729			Other current liabilities		$	—
	Derivatives not designated as hedging instruments
	Foreign exchange forward contracts		Other current assets		$	2,164			Other current liabilities		$	3,351
	Total derivatives				$	7,893					$	3,351
	Nonderivative instruments designated as hedging instruments
	Net investment hedge								Current portion of Long-term debt		$	76,086
	July 31, 2014		Asset Derivatives						Liability Derivatives
			Balance Sheet Location		Fair Value				Balance Sheet Location		Fair Value
	Derivatives designated as hedging instruments
	Foreign exchange forward contracts		Other current assets		$	4,755			Other current liabilities		$	3
	Derivatives not designated as hedging instruments
	Foreign exchange forward contracts		Other current assets		$	1,176			Other current liabilities		$	1,723
	Total derivatives				$	5,931					$	1,726
	Nonderivative instruments designated as hedging instruments
	Net investment hedge								Current portion of Long-term debt		$	87,570
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 and six months ended January 31, 2015 and January 31, 2014 are presented as follows:
	Derivatives in cash flow hedging relationships		Amount of Gain/(Loss) Recognized in OCI on Derivatives (Effective Portion)								Location of Gain/(Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)		Amount of Gain/(Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion) (a)
			Three Months Ended										Three Months Ended
			Jan 31, 2015				Jan 31, 2014						Jan 31, 2015			Jan 31, 2014
	Foreign exchange forward contracts		$	3,806			$	3,489			Net sales		$	560		$	113
											Cost of sales		847			(46		)
	Total derivatives		$	3,806			$	3,489					$	1,407		$	67
	Derivatives in cash flow hedging relationships		Amount of Gain/(Loss) Recognized in OCI on Derivatives (Effective Portion)								Location of Gain/(Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)		Amount of Gain/(Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion) (a)
			Six Months Ended										Six Months Ended
			Jan 31, 2015				Jan 31, 2014						Jan 31, 2015			Jan 31, 2014
	Foreign exchange forward contracts		$	4,397			$	5,310			Net sales		$	1,120		$	112
											Cost of sales		1,938			(866		)
	Total derivatives		$	4,397			$	5,310					$	3,058		$	(754	)
	(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 and six months ended January 31, 2015 and January 31, 2014.
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 and six months ended January 31, 2015 and January 31, 2014 are presented as follows:
	Derivatives not designated as hedging relationships		Location of Gain/(Loss) Recognized in Earnings on Derivatives		Amount of Gain/(Loss) Recognized in
					Earnings on Derivatives
					Three Months Ended								Six Months Ended
					Jan 31, 2015				Jan 31, 2014				Jan 31, 2015			Jan 31, 2014
	Foreign exchange forward contracts		Selling, general and administrative expenses		$	(5,910	)		$	(2,793	)		$	(10,420	)	$	(2,343	)
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 and six months ended January 31, 2015 and January 31, 2014 are presented as follows:
	Nonderivatives designated as hedging relationships		Amount of Gain/(Loss) Recognized in OCI on Derivatives (Effective Portion)								Location of Gain/(Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)		Amount of Gain/(Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion) (b)
			Three Months Ended										Three Months Ended
			Jan 31, 2015				Jan 31, 2014						Jan 31, 2015			Jan 31, 2014
	Net investment hedge		$	6,336			$	3,735			N/A		$	—		$	—
	Nonderivatives designated as hedging relationships		Amount of Gain/(Loss) Recognized in OCI on Derivatives (Effective Portion)								Location of Gain/(Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)		Amount of Gain/(Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion) (b)
			Six Months Ended										Six Months Ended
			Jan 31, 2015				Jan 31, 2014						Jan 31, 2015			Jan 31, 2014
	Net investment hedge		$	11,484			$	4,176			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 and six months ended January 31, 2015 and January 31, 2014.

ACCUMULATED_OTHER_COMPREHENSIV1

ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Tables)	6 Months Ended
	Jan. 31, 2015
Accumulated Other Comprehensive Income/(Loss) [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Changes in accumulated other comprehensive income/(loss) 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, 2014		$	98,689		$	(121,280	)	$	2,880		$	4,790		$	(14,921	)
	Other comprehensive income/(loss) before reclassifications		(201,212		)	—			(259		)	3,540			(197,931		)
	Amounts reclassified from accumulated other comprehensive income/(loss)		—			3,822			(312		)	(2,803		)	707
	Foreign exchange adjustments and other		—			9,741			—			—			9,741
	Balance at January 31, 2015		$	(102,523	)	$	(107,717	)	$	2,309		$	5,527		$	(202,404	)
			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		21,289			—			(450		)	4,817			25,656
	Amounts reclassified from accumulated other comprehensive income/(loss)		—			4,330			76			764			5,170
	Foreign exchange adjustments and other		—			(4,995		)	—			—			(4,995		)
	Balance at January 31, 2014		$	105,887		$	(125,876	)	$	1,749		$	3,279		$	(14,961	)
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Reclassifications out of accumulated other comprehensive income/(loss) are presented below:
			Three Months Ended						Six Months Ended						Affected Line Item in the Condensed Consolidated Statement of Earnings
			Jan 31, 2015			Jan 31, 2014			Jan 31, 2015			Jan 31, 2014
	Defined benefit pension plan:
	Amortization of prior service cost		$	(365	)	$	(385	)	$	(731	)	$	(769	)	Note (a)
	Recognized actuarial gain/(loss)		(2,318		)	(2,770		)	(4,711		)	(5,500		)	Note (a)
	Total before tax		(2,683		)	(3,155		)	(5,442		)	(6,269		)
	Tax (expense)/benefit		753			974			1,620			1,939
	Net of tax		$	(1,930	)	$	(2,181	)	$	(3,822	)	$	(4,330	)
	Unrealized investment gains/(losses):
	Realized investment gain/(loss)		$	458		$	(62	)	$	475		$	(119	)	Selling, general and administrative
	Tax (expense)/benefit		(157		)	23			(163		)	43
	Net of tax		$	301		$	(39	)	$	312		$	(76	)
	Unrealized gains/(losses) on derivatives:
	Foreign exchange forward contracts		$	560		$	113		$	1,120		$	112		Sales
	Foreign exchange forward contracts		847			(46		)	1,938			(866		)	Cost of sales
	Total before tax		1,407			67			3,058			(754		)
	Tax (expense)/benefit		(108		)	(24		)	(255		)	(10		)
	Net of tax		$	1,299		$	43		$	2,803		$	(764	)
	(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)	6 Months Ended
	Jan. 31, 2015
Segment Reporting [Abstract]
Segment Information	The following table presents sales and segment profit by business segment reconciled to earnings before income taxes for the three and six months ended January 31, 2015 and January 31, 2014.
		Three Months Ended				Six Months Ended
		Jan 31, 2015		Jan 31, 2014		Jan 31, 2015		Jan 31, 2014
	Sales:
	Life Sciences	$	358,456	$	353,230	$	710,920	$	672,176
	Industrial	315,338		323,739		659,366		634,572
	Total	$	673,794	$	676,969	$	1,370,286	$	1,306,748
	Segment Profit:
	Life Sciences	$	88,882	$	90,856	$	175,362	$	163,901
	Industrial	50,939		46,891		115,171		97,373
	Total segment profit	139,821		137,747		290,533		261,274
	Corporate Services Group	15,095		14,766		31,832		30,730
	ROTC	11,534		9,170		20,774		18,368
	Interest expense, net	6,238		5,195		12,940		11,172
	Earnings before income taxes	$	106,954	$	108,616	$	224,987	$	201,004

BALANCE_SHEET_DETAILS_Details

BALANCE SHEET DETAILS (Details) (USD $)	Jan. 31, 2015	Jul. 31, 2014
In Thousands, unless otherwise specified
Receivables [Abstract]
Billed	$464,175	$556,928
Unbilled	77,250	72,681
Total	541,425	629,609
Less: Allowances for doubtful accounts	-13,578	-13,896
Accounts receivable	$527,847	$615,713

BALANCE_SHEET_DETAILS_Details_

BALANCE SHEET DETAILS (Details 1) (USD $)	Jan. 31, 2015	Jul. 31, 2014
In Thousands, unless otherwise specified
Inventory, Net [Abstract]
Raw materials and components	$132,458	$117,581
Work-in-process	94,056	112,824
Finished goods	150,696	174,473
Inventory	$377,210	$404,878

BALANCE_SHEET_DETAILS_Details_1

BALANCE SHEET DETAILS (Details 2) (USD $)	Jan. 31, 2015	Jul. 31, 2014
In Thousands, unless otherwise specified
Property, Plant and Equipment [Abstract]
Property, plant and equipment	$1,690,242	$1,776,983
Less: Accumulated depreciation and amortization	-948,397	-971,656
Property, plant and equipment	$741,845	$805,327

GOODWILL_AND_INTANGIBLE_ASSETS2

GOODWILL AND INTANGIBLE ASSETS (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015
Goodwill [Roll Forward]
Balance at July 31, 2014	$491,462
Acquisitions	2,617
Foreign currency translation	-24,436
Balance at January 31, 2015	469,643
Life Sciences [Member]
Goodwill [Roll Forward]
Balance at July 31, 2014	269,758
Acquisitions	0
Foreign currency translation	-18,572
Balance at January 31, 2015	251,186
Industrial [Member]
Goodwill [Roll Forward]
Balance at July 31, 2014	221,704
Acquisitions	2,617
Foreign currency translation	-5,864
Balance at January 31, 2015	$218,457

GOODWILL_AND_INTANGIBLE_ASSETS3

GOODWILL AND INTANGIBLE ASSETS (Details 1) (USD $)	Jan. 31, 2015	Jul. 31, 2014
In Thousands, unless otherwise specified
Finite-Lived Intangible Assets [Line Items]
Gross	$336,425	$352,104
Accumulated Amortization	117,649	109,681
Net	218,776	242,423
Patents and unpatented technology [Member]
Finite-Lived Intangible Assets [Line Items]
Gross	158,103	165,727
Accumulated Amortization	68,661	66,126
Net	89,442	99,601
Customer-related intangibles [Member]
Finite-Lived Intangible Assets [Line Items]
Gross	158,372	165,759
Accumulated Amortization	38,854	33,845
Net	119,518	131,914
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Gross	16,473	16,971
Accumulated Amortization	7,593	7,130
Net	8,880	9,841
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Gross	3,477	3,647
Accumulated Amortization	2,541	2,580
Net	$936	$1,067

GOODWILL_AND_INTANGIBLE_ASSETS4

GOODWILL AND INTANGIBLE ASSETS (Details Textuals) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015	Jan. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense for Intangible assets	$6,029	$4,655	$12,246	$9,379
Estimated amortization expense for intangible assets, remainder of 2014	10,819		10,819
Estimated amortization expense for intangible assets, 2015	21,521		21,521
Estimated amortization expense for intangible assets, 2016	21,232		21,232
Estimated amortization expense for intangible assets, 2017	21,098		21,098
Estimated amortization expense for intangible assets, 2018	18,969		18,969
Estimated amortization expense for intangible assets, 2019	$17,642		$17,642

TREASURY_STOCK_Details

TREASURY STOCK (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015	Jul. 31, 2014
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Amount Available for Repurchase	$577,768	$681,873
Stock Repurchase Program [Roll Forward]
New authorizations	200,000
Utilized	-304,105
January 17, 2013 Authorization [Member]
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Amount Available for Repurchase	0	81,873
Stock Repurchase Program [Roll Forward]
New authorizations	0
Utilized	-81,873
July 17, 2014 Authorization [Member]
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Amount Available for Repurchase	377,768	600,000
Stock Repurchase Program [Roll Forward]
New authorizations	0
Utilized	-222,232
October 9, 2014 Authorization [Member]
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Amount Available for Repurchase	200,000	0
Stock Repurchase Program [Roll Forward]
New authorizations	200,000
Utilized	$0

TREASURY_STOCK_Detail_Textuals

TREASURY STOCK (Detail Textuals) (August 2014 Accelerated Share Repurchase [Member], USD $)	6 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jan. 31, 2015
August 2014 Accelerated Share Repurchase [Member]
Accelerated Share Repurchases [Line Items]
Treasury Stock, Value, Acquired, Cost Method	$300,000
Treasury Stock, Shares, Acquired	3,461
Accelerated Share Repurchases, Final Price Paid Per Share	$86.67

TREASURY_STOCK_Details_Textual

TREASURY STOCK (Details Textuals 2) (USD $)	6 Months Ended	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jan. 31, 2015	Jan. 31, 2015
Equity, Class of Treasury Stock [Line Items]
Shares issued for stock plans	275
Treasury stock, shares	21,341	21,341
Open Market Purchases [Member]
Equity, Class of Treasury Stock [Line Items]
Treasury Stock, Shares, Acquired		44
Treasury Stock, Value, Acquired, Cost Method		$4,105
Treasury Stock Acquired, Average Cost Per Share		$94.26

CONTINGENCIES_AND_COMMITMENTS_

CONTINGENCIES AND COMMITMENTS (Details Textuals) (USD $)	Jan. 31, 2015
In Thousands, unless otherwise specified
Site Contingency [Line Items]
Environmental liabilities	$18,098

RESTRUCTURING_AND_OTHER_CHARGE2

RESTRUCTURING AND OTHER CHARGES, NET (Details) (USD $)	3 Months Ended				6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015		Jan. 31, 2014		Jan. 31, 2015		Jan. 31, 2014
Restructuring Charges [Abstract]
Severance benefits and other employment contract obligations	$6,271	[1]	$7,347	[1]	$15,021	[1]	$10,462	[1]
Professional fees and other costs, net of receipt of insurance claim payments	438	[1]	894	[1]	990	[1]	2,137	[1]
(Gain)/loss on sale and impairment of assets, net	-4,334	[1]	0	[1]	-4,334	[1]	0	[1]
Reversal of excess restructuring reserves	-1,326	[1]	-280		-1,436	[1]	-624	[1]
Restructuring Charges	9,717	[1]	7,961	[1]	18,909	[1]	11,975	[1]
Cash	5,383	[1]	7,961	[1]	14,575	[1]	11,975	[1]
Non-cash	4,334	[1]	0	[1]	4,334	[1]	0	[1]
Other Gains (Charges) [Abstract]
Severance benefits and other employment contract obligations	0	[2]	844	[2]	0	[2]	402	[2]
Professional fees and other costs, net of receipt of insurance claim payments	-197	[2]	-2,053	[2]	-245	[2]	-2,195	[2]
(Gain)/loss on sale and impairment of assets, net	-1,620	[2]	0	[2]	-1,620	[2]	-160	[2]
Environmental matters			0	[2]			4,440	[2]
Other (Gains) Charges	1,817	[2]	1,209	[2]	1,865	[2]	6,393	[2]
Cash	197	[2]	1,209	[2]	245	[2]	6,233	[2]
Non-cash	-1,620	[2]	0	[2]	-1,620	[2]	-160	[2]
Restructuring Charges and Other Gains (Charges) [Abstract]
Severance benefits and other employment contract obligations	-6,271		-6,503		-15,021		-10,060
Professional fees and other costs, net of receipt of insurance claim payments	-635		-2,947		-1,235		-4,332
(Gain)/loss on sale and impairment of assets, net	-5,954		0		-5,954		-160
Environmental matters			0	[2]			4,440	[2]
Restructuring And Other Gains (Charges)	11,534		9,170		20,774		18,368
Cash	5,580		9,170		14,820		18,208
Non-cash	$5,954		$0		$5,954		$160
[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 and global 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 and six months ended January 31, 2015 and January 31, 2014 primarily reflect the expenses incurred in connection with the Company’s structural cost improvement initiative as discussed above. Restructuring charges recorded in the three and six months ended January 31, 2015 also include the impairment of assets related to the exit of an immaterial product line.
[2]	Other Charges/(Gains):Severance benefits and other employment contract obligations: In the three and six months ended January 31, 2014, the Company recorded adjustments related to certain employment contract obligations.Professional fees and other: In the three months ended January 31, 2014, the Company recorded acquisition related legal and other professional fees.Impairment of assets: In the three months ended January 31, 2015, the Company recorded an impairment related to a redundant software project.Environmental matters: In the six months ended January 31, 2014, 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				6 Months Ended				12 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015		Jan. 31, 2014		Jan. 31, 2015		Jan. 31, 2014		Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Restructuring Reserve [Roll Forward]
Original charge	$9,717	[1]	$7,961	[1]	$18,909	[1]	$11,975	[1]
Reversal of excess reserves	1,326	[1]	280		1,436	[1]	624	[1]
Structural Cost Improvement Initiative [Member]
Restructuring Reserve [Roll Forward]
Original charge											65,300
Restructuring Reserve, Beginning Balance					27,400		27,713		27,713	34,967
Additions					16,011				32,222	24,477
Utilized					-19,204				-30,774	-31,510	-30,163
Reversal of excess reserves					-1,436				-2,030	-557
Translation					-2,666				269	336	-170
Restructuring Reserve, Ending Balance	20,105				20,105				27,400	27,713	34,967
Structural Cost Improvement Initiative [Member] | Employee Severance [Member]
Restructuring Reserve [Roll Forward]
Original charge											61,852
Restructuring Reserve, Beginning Balance					26,172		26,240		26,240	34,364
Additions					15,021				27,803	21,637
Utilized					-17,997				-26,178	-29,574	-27,365
Reversal of excess reserves					-1,429				-1,923	-500
Translation					-2,563				230	313	-123
Restructuring Reserve, Ending Balance	19,204				19,204				26,172	26,240	34,364
Structural Cost Improvement Initiative [Member] | Other Restructuring [Member]
Restructuring Reserve [Roll Forward]
Original charge											3,448
Restructuring Reserve, Beginning Balance					1,228		1,473		1,473	603
Additions					990				4,419	2,840
Utilized					-1,207				-4,596	-1,936	-2,798
Reversal of excess reserves					-7				-107	-57
Translation					-103				39	23	-47
Restructuring Reserve, Ending Balance	$901				$901				$1,228	$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 and global 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 and six months ended January 31, 2015 and January 31, 2014 primarily reflect the expenses incurred in connection with the Company’s structural cost improvement initiative as discussed above. Restructuring charges recorded in the three and six months ended January 31, 2015 also include the impairment of assets related to the exit of an immaterial product line.

INCOME_TAXES_Details_Textuals

INCOME TAXES (Details Textuals) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015	Jan. 31, 2014	Jul. 31, 2014
Income Taxes [Line Items]
Effective Income Tax Rate, Continuing Operations	23.30%	22.80%
Unrecognized Tax Benefits	$200,144		$202,564
Unrecognized Tax Benefits, Period Increase (Decrease)	2,420
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	163,857
Income Tax Examination, Penalties and Interest Accrued	15,343		14,556
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	$43,963

COMPONENTS_OF_NET_PERIODIC_PEN2

COMPONENTS OF NET PERIODIC PENSION COST (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015	Jan. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Service cost	$3,472	$3,167	$7,016	$6,333
Interest cost	6,667	7,348	13,551	14,580
Expected return on plan assets	-6,124	-5,866	-12,451	-11,629
Amortization of prior service cost/(credit)	365	385	731	769
Amortization of actuarial loss	2,318	2,770	4,711	5,500
Net periodic benefit cost	6,698	7,804	13,558	15,553
U.S. Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	2,589	2,170	5,178	4,340
Interest cost	2,896	3,027	5,792	6,055
Expected return on plan assets	-2,484	-2,324	-4,967	-4,649
Amortization of prior service cost/(credit)	364	395	729	790
Amortization of actuarial loss	1,019	1,345	2,038	2,689
Net periodic benefit cost	4,384	4,613	8,770	9,225
Foreign Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	883	997	1,838	1,993
Interest cost	3,771	4,321	7,759	8,525
Expected return on plan assets	-3,640	-3,542	-7,484	-6,980
Amortization of prior service cost/(credit)	1	-10	2	-21
Amortization of actuarial loss	1,299	1,425	2,673	2,811
Net periodic benefit cost	$2,314	$3,191	$4,788	$6,328

STOCKBASED_PAYMENT_Details

STOCK-BASED PAYMENT (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015	Jan. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Share-Based Employee and Director Compensation Plans	3		3
Allocated Share-based Compensation Expense	$8,766	$9,464	$20,282	$15,595
Restricted stock units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	5,100	6,254	13,323	10,447
Stock options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	1,949	1,965	3,903	3,486
Management Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	1,454	972	2,519	1,164
Employee Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$263	$273	$537	$498

EARNINGS_PER_SHARE_Details

EARNINGS PER SHARE (Details)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015	Jan. 31, 2014
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Basic shares outstanding	107,139	110,720	107,639	111,263
Effect of stock plans	1,368	1,260	1,257	1,269
Diluted shares outstanding	108,507	111,980	108,896	112,532

EARNINGS_PER_SHARE_Details_Tex

EARNINGS PER SHARE (Details Textuals)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015	Jan. 31, 2014
Earnings Per Share [Abstract]
Employee stock options and restricted stock units which were not included in the computation of diluted shares	477	506	190	921

FAIR_VALUE_MEASUREMENTS_Detail

FAIR VALUE MEASUREMENTS (Details) (USD $)	Jan. 31, 2015	Jul. 31, 2014
In Thousands, unless otherwise specified
Available-for-sale securities:
Securities	$61,230	$69,839
Trading Securities [Abstract]
Trading Securities	817	819
Fair Value, Measurements, Recurring [Member]
Trading Securities [Abstract]
Trading Securities	817	819
Derivative financial instruments:
Foreign exchange forward contracts	7,893	5,931
Derivative financial instruments:
Foreign exchange forward contracts	3,351	1,726
Fair Value, Measurements, Recurring [Member] | Equity Securities [Member]
Available-for-sale securities:
Securities	860	4,748
Fair Value, Measurements, Recurring [Member] | Corporate Debt Securities [Member]
Available-for-sale securities:
Securities	28,898	30,243
Fair Value, Measurements, Recurring [Member] | U.S. Treasury [Member]
Available-for-sale securities:
Securities	10,663	9,724
Fair Value, Measurements, Recurring [Member] | Federal Agency [Member]
Available-for-sale securities:
Securities	12,591	13,719
Fair Value, Measurements, Recurring [Member] | Mortgage-backed [Member]
Available-for-sale securities:
Securities	8,218	11,405
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Trading Securities [Abstract]
Trading Securities	817	819
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	860	4,748
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 2 [Member]
Trading Securities [Abstract]
Trading Securities	0	0
Derivative financial instruments:
Foreign exchange forward contracts	7,893	5,931
Derivative financial instruments:
Foreign exchange forward contracts	3,351	1,726
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	28,898	30,243
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | U.S. Treasury [Member]
Available-for-sale securities:
Securities	10,663	9,724
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Federal Agency [Member]
Available-for-sale securities:
Securities	12,591	13,719
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage-backed [Member]
Available-for-sale securities:
Securities	8,218	11,405
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
Money Market Funds [Member] | Fair Value, Measurements, Recurring [Member]
Financial assets carried at fair value
Money market funds	6,951	4,860
Money Market Funds [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Financial assets carried at fair value
Money market funds	6,951	4,860
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 $)	Jan. 31, 2015	Jul. 31, 2014
In Thousands, unless otherwise specified
Schedule of Available-for-sale Securities [Line Items]
Cost/Amortized Cost Basis	$58,800	$66,622
Fair Value	61,230	69,839
Gross Unrealized Holding Gains	2,445	3,224
Gross Unrealized Holding Losses	-15	-7
Net Unrealized Holding Gains/(Losses)	2,430	3,217
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Equity Securities, Cost/Amortized Cost Basis	703	4,160
Equity Securities, Fair Value	860	4,748
Equity Securities, Gross Unrealized Holding Gains	157	588
Equity Securities, Gross Unrealized Holdings Losses	0	0
Equity Securities, Net Unrealized Holding Gains/(Losses)	157	588
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Debt Securities, Cost/Amortized Cost Basis	27,843	28,987
Debt Securities, Fair Value	28,898	30,243
Debt Securities, Gross Unrealized Holding Gains	1,061	1,259
Debt Securities, Gross Unrealized Holdings Losses	-6	-3
Debt Securities, Net Unrealized Holding Gains/(Losses)	1,055	1,256
U.S. Treasury [Member]
Schedule of Available-for-sale Securities [Line Items]
Debt Securities, Cost/Amortized Cost Basis	10,391	9,478
Debt Securities, Fair Value	10,663	9,724
Debt Securities, Gross Unrealized Holding Gains	280	246
Debt Securities, Gross Unrealized Holdings Losses	-8	0
Debt Securities, Net Unrealized Holding Gains/(Losses)	272	246
Federal Agency [Member]
Schedule of Available-for-sale Securities [Line Items]
Debt Securities, Cost/Amortized Cost Basis	11,716	12,778
Debt Securities, Fair Value	12,591	13,719
Debt Securities, Gross Unrealized Holding Gains	875	941
Debt Securities, Gross Unrealized Holdings Losses	0	0
Debt Securities, Net Unrealized Holding Gains/(Losses)	875	941
Mortgage-backed [Member]
Schedule of Available-for-sale Securities [Line Items]
Debt Securities, Cost/Amortized Cost Basis	8,147	11,219
Debt Securities, Fair Value	8,218	11,405
Debt Securities, Gross Unrealized Holding Gains	72	190
Debt Securities, Gross Unrealized Holdings Losses	-1	-4
Debt Securities, Net Unrealized Holding Gains/(Losses)	$71	$186

INVESTMENT_SECURITIES_Details_

INVESTMENT SECURITIES (Details 1) (USD $)	Jan. 31, 2015	Jul. 31, 2014
In Thousands, unless otherwise specified
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	$3,988	$5,303
Less than 12 months, Gross Unrealized Holding Losses	-15	-7
12 months or greater, Fair Value	0	0
12 months or greater, Gross Unrealized Holding Losses	0	0
Total, Fair Value	3,988	5,303
Total, Gross Unrealized Holding Losses	-15	-7
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	1,701	3,384
Less than 12 months, Gross Unrealized Holding Losses	-6	-3
12 months or greater, Fair Value	0	0
12 months or greater, Gross Unrealized Holding Losses	0	0
Total, Fair Value	1,701	3,384
Total, Gross Unrealized Holding Losses	-6	-3
U.S. Treasury [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	906
Less than 12 months, Gross Unrealized Holding Losses	-8
12 months or greater, Fair Value	0
12 months or greater, Gross Unrealized Holding Losses	0
Total, Fair Value	906
Total, Gross Unrealized Holding Losses	-8
Mortgage-backed [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	1,381	1,919
Less than 12 months, Gross Unrealized Holding Losses	-1	-4
12 months or greater, Fair Value	0	0
12 months or greater, Gross Unrealized Holding Losses	0	0
Total, Fair Value	1,381	1,919
Total, Gross Unrealized Holding Losses	($1)	($4)

INVESTMENT_SECURITIES_Details_1

INVESTMENT SECURITIES (Details 2) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015	Jan. 31, 2014
Investments, Debt and Equity Securities [Abstract]
Proceeds from sales	$17,693	$2,558	$33,749	$3,058
Realized gross gains on sales	515	84	573	84
Realized gross losses on sales	$7	$99	$12	$100

INVESTMENT_SECURITIES_Details_2

INVESTMENT SECURITIES (Details 3) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015	Jan. 31, 2014	Jul. 31, 2014
Investments, Debt and Equity Securities [Abstract]
Equity securities	$817		$817		$819
Total trading securities	817		817		819
Gains/(losses), net recognized for securities held	-4	7	-32	23
Gains/(losses), net recognized for securities sold	0	0	1	0
Total gains/(losses), net recognized	($4)	$7	($31)	$23

DERIVATIVE_INSTRUMENTS_AND_HED2

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details Textuals)	Jan. 31, 2015	Jan. 31, 2015	Jan. 31, 2015	Jan. 31, 2015	Jan. 31, 2015	Jan. 31, 2015
	Foreign Exchange Contract [Member]	Not Designated as Hedging Instrument [Member]	Not Designated as Hedging Instrument [Member]	Designated as Hedging Instrument [Member]	Designated as Hedging Instrument [Member]	Unsecured Debt [Member]
	USD ($)	Foreign Exchange Contract [Member]	Foreign Exchange Contract [Member]	Cash Flow Hedging [Member]	Cash Flow Hedging [Member]	Jpy Loan Due Fiscal Year 2015 [Member]
		USD ($)	USD ($)	Foreign Exchange Contract [Member]	Foreign Exchange Contract [Member]	JPY (¥)
				USD ($)	USD ($)
Derivative [Line Items]
Derivative, Notional Amount	$390,756,000	$308,896,000	$308,896,000	$81,859,000	$81,859,000
Foreign Currency Derivatives at Fair Value, Net	4,542,000
Debt Instrument, Face Amount						9,000,000,000
Derivative, Notional Amount Entered During Period		$565,333,000	$1,387,104,000	$18,975,000	$39,404,000

DERIVATIVE_INSTRUMENTS_AND_HED3

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details) (USD $)	Jan. 31, 2015	Jul. 31, 2014
In Thousands, unless otherwise specified
Foreign Exchange Contract [Member] | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Foreign exchange forward contracts	$7,893	$5,931
Foreign Exchange Contract [Member] | Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Foreign exchange forward contracts	3,351	1,726
Foreign Exchange Contract [Member] | Designated as Hedging Instrument [Member] | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Foreign exchange forward contracts	5,729	4,755
Foreign Exchange Contract [Member] | Designated as Hedging Instrument [Member] | Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Foreign exchange forward contracts	0	3
Foreign Exchange Contract [Member] | Not Designated as Hedging Instrument [Member] | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Foreign exchange forward contracts	2,164	1,176
Foreign Exchange Contract [Member] | Not Designated as Hedging Instrument [Member] | Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Foreign exchange forward contracts	3,351	1,723
Net Investment Hedging [Member] | Long-term Debt [Member]
Nonderivative instruments designated as hedging instruments
Debt Instrument, Fair Value Disclosure	$76,086	$87,570

DERIVATIVE_INSTRUMENTS_AND_HED4

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details 1) (Designated as Hedging Instrument [Member], Foreign Exchange Contract [Member], Cash Flow Hedging [Member], USD $)	3 Months Ended				6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015		Jan. 31, 2014		Jan. 31, 2015		Jan. 31, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)	$1,407	[1]	$67	[1]	$3,058	[1]	($754)	[1]
Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)	560	[1]	113	[1]	1,120	[1]	112	[1]
Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)	847	[1]	-46	[1]	1,938	[1]	-866	[1]
Other Comprehensive Income (Loss) [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion)	$3,806		$3,489		$4,397		$5,310
[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 and six months ended January 31, 2015 and January 31, 2014.

DERIVATIVE_INSTRUMENTS_AND_HED5

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details 2) (Foreign Exchange Contract [Member], USD $)	3 Months Ended				6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015		Jan. 31, 2014		Jan. 31, 2015		Jan. 31, 2014
Not Designated as Hedging Instrument [Member] | Selling, General and Administrative Expenses [Member]
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Derivative, Gain (Loss) on Derivative, Net	($5,910)		($2,793)		($10,420)		($2,343)
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)	1,407	[1]	67	[1]	3,058	[1]	-754	[1]
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Sales [Member]
Derivative [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)	560	[1]	113	[1]	1,120	[1]	112	[1]
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Cost of Sales [Member]
Derivative [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)	847	[1]	-46	[1]	1,938	[1]	-866	[1]
Other Comprehensive Income (Loss) [Member] | Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion)	$3,806		$3,489		$4,397		$5,310
[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 and six months ended January 31, 2015 and January 31, 2014.

DERIVATIVE_INSTRUMENTS_AND_HED6

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details 3) (Net Investment Hedging [Member], USD $)	3 Months Ended				6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015		Jan. 31, 2014		Jan. 31, 2015		Jan. 31, 2014
Net Investment Hedging [Member]
Nonderivatives designated as hedging relationships
Nonderivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion	$6,336		$3,735		$11,484		$4,176
Nonderivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion	$0	[1]	$0	[1]	$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 and six months ended January 31, 2015 and January 31, 2014.

ACCUMULATED_OTHER_COMPREHENSIV2

ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015	Jan. 31, 2014
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance at July 31, 2014	($14,921)	($40,792)
Other comprehensive income/(loss) before reclassifications	-197,931	25,656
Amounts reclassified from accumulated other comprehensive income (loss)	707	5,170
Foreign exchange adjustments and other	9,741	-4,995
Balance at October 31, 2014	-202,404	-14,961
Foreign Currency Translation [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance at July 31, 2014	98,689	84,598
Other comprehensive income/(loss) before reclassifications	-201,212	21,289
Amounts reclassified from accumulated other comprehensive income (loss)	0	0
Balance at October 31, 2014	-102,523	105,887
Defined Benefit Pension Plan [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance at July 31, 2014	-121,280	-125,211
Other comprehensive income/(loss) before reclassifications	0	0
Amounts reclassified from accumulated other comprehensive income (loss)	3,822	4,330
Foreign exchange adjustments and other	9,741	-4,995
Balance at October 31, 2014	-107,717	-125,876
Unrealized investment gains/(losses) [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance at July 31, 2014	2,880	2,123
Other comprehensive income/(loss) before reclassifications	-259	-450
Amounts reclassified from accumulated other comprehensive income (loss)	-312	76
Balance at October 31, 2014	2,309	1,749
Unrealized gains/(losses) on derivatives [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance at July 31, 2014	4,790	-2,302
Other comprehensive income/(loss) before reclassifications	3,540	4,817
Amounts reclassified from accumulated other comprehensive income (loss)	-2,803	764
Balance at October 31, 2014	$5,527	$3,279

ACCUMULATED_OTHER_COMPREHENSIV3

ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Details 1) (USD $)	3 Months Ended				6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015		Jan. 31, 2014		Jan. 31, 2015		Jan. 31, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax	$106,954		$108,616		$224,987		$201,004
Realized investment gain/(losses)	-191,834		-196,299		-394,490		-391,183
Tax (expense)/benefit	-22,555		-24,950		-52,315		-45,825
Net of tax	84,399		83,666		172,672		155,179
Foreign exchange forward contracts	673,794		676,969		1,370,286		1,306,748
Foreign exchange forward contracts	-332,776		-332,710		-667,860		-636,775
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	-365	[1]	-385	[1]	-731	[1]	-769	[1]
Recognized actuarial gain/(loss)	-2,318	[1]	-2,770	[1]	-4,711	[1]	-5,500	[1]
Total before tax	-2,683		-3,155		-5,442		-6,269
Tax (expense)/benefit	753		974		1,620		1,939
Net of tax	-1,930		-2,181		-3,822		-4,330
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]
Realized investment gain/(losses)	458		-62		475		-119
Tax (expense)/benefit	-157		23		-163		43
Net of tax	301		-39		312		-76
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	1,407		67		3,058		-754
Tax (expense)/benefit	-108		-24		-255		-10
Net of tax	1,299		43		2,803		-764
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	560		113		1,120		112
Foreign exchange forward contracts	$847		($46)		$1,938		($866)
[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		6 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015	Jan. 31, 2014
Segment Reporting Information, Revenue for Reportable Segment [Abstract]
Net sales	$673,794	$676,969	$1,370,286	$1,306,748
Operating Income (Loss) [Abstract]
ROTC	11,534	9,170	20,774	18,368
Interest expense, net	6,238	5,195	12,940	11,172
Earnings before income taxes	106,954	108,616	224,987	201,004
Operating Segments [Member]
Operating Income (Loss) [Abstract]
Operating Income (Loss)	-139,821	-137,747	-290,533	-261,274
Corporate, Non-Segment [Member]
Operating Income (Loss) [Abstract]
Operating Income (Loss)	15,095	14,766	31,832	30,730
Segment Reconciling Items [Member]
Operating Income (Loss) [Abstract]
ROTC	11,534	9,170	20,774	18,368
Interest expense, net	6,238	5,195	12,940	11,172
Life Sciences Segment [Member]
Segment Reporting Information, Revenue for Reportable Segment [Abstract]
Net sales	358,456	353,230	710,920	672,176
Life Sciences Segment [Member] | Operating Segments [Member]
Operating Income (Loss) [Abstract]
Operating Income (Loss)	-88,882	-90,856	-175,362	-163,901
Industrial Segment [Member]
Segment Reporting Information, Revenue for Reportable Segment [Abstract]
Net sales	315,338	323,739	659,366	634,572
Industrial Segment [Member] | Operating Segments [Member]
Operating Income (Loss) [Abstract]
Operating Income (Loss)	($50,939)	($46,891)	($115,171)	($97,373)