OTHER LIABILITIES

12 Months Ended

Jul. 31, 2013

OTHER LIABILITIES

OTHER LIABILITIES

10. OTHER LIABILITIES

        Other liabilities consist of the following (in thousands):

	Year Ended July 31,
	2013		2012
Deferred income(a)	$	38,000	$	—
Long-term straight-line rent		23,467		27,110
Credit insurance reserves		5,592		5,527
Deferred tax liability		5,998		5,727
	$	73,057	$	38,364

(a)

Represents commencement payment received in July 2013 associated with the signing of the ADS Agreement (see Note 1).