SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 4) (USD $) In Millions, unless otherwise specified	12 Months Ended
Jul. 31, 2013	Jul. 31, 2012	Jul. 31, 2011
Foreign Currency
Percentage of depreciation (appreciation) in average Canadian currency rate relative to U.S. dollar		1.00%	(6.00%)
Gain (loss) on settlement of Canadian accounts payable as a result of fluctuation in the Canadian dollar	$ (0.7)	$ (1.7)	$ 1.4
Minimum
Foreign Currency
Percentage of depreciation (appreciation) in average Canadian currency rate relative to U.S. dollar	(1.00%)

- Definition

The aggregate foreign currency transaction gain (loss) (both realized and unrealized) included in determining net income for the reporting period. Excludes foreign currency transactions designated as hedges of net investment in a foreign entity and intercompany foreign currency transactions that are of a long-term nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements. For certain enterprises, primarily banks, that are dealers in foreign exchange, foreign currency transaction gains (losses) may be disclosed as dealer gains (losses).

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