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LONG-TERM DEBT (Tables)
 9 Months Ended
Apr. 30, 2014
LONG-TERM DEBT  
Schedule of long-term debt

Long-term debt consists of the following (in thousands):

 
   April 30,  
 
   2014   2013  

Revolving credit agreement

   $ 372,000   $ 383,400  

Senior secured term loan

     80,000     80,000  

Capital lease obligations

     2,002     3,080  
           
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   $ 454,002   $ 466,480  
           
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Schedule of interest rate swaps

Interest rate swaps as of April 30, 2014 are as follows:

Period
  Notional Amount
(in thousands)		   Fixed
Interest Rate		   Fair Value
(in thousands)		  

October 2013 - July 2014

   $ 215,000     0.29 % $ 73  

August 2014 - July 2016

   $ 215,000     1.19 %   2,616  
                   
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               $ 2,689  
                   
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