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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Jul. 31, 2014
Accounting Policies [Abstract]  
Schedule of Intangible Assets and Goodwill [Table Text Block]
The carrying amounts of the intangible assets as of July 31, 2014 are as follows (in thousands, except years):
 
 
 
Intangible Assets, Gross
 
Accumulated Amortization
 
Intangible Assets, Net
 
Weighted
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Average
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Useful
 
 
 
July 31,
 
 
 
July 31,
 
July 31,
 
 
 
July 31,
 
July 31,
 
 
 
Life
 
 
 
2013
 
Additions
 
2014
 
2013
 
Expense
 
2014
 
2013
 
July 31, 2014
 
(Years)
 
Developed technology
 
$
-
 
$
4,423
 
$
4,423
 
$
-
 
$
(134)
 
$
(134)
 
$
-
 
$
4,289
 
 
7
 
Trade names and Other Intangible Asset
 
 
-
 
 
817
 
 
817
 
 
-
 
 
(24)
 
 
(24)
 
 
-
 
 
793
 
 
7
 
Total intangible assets, net
 
$
-
 
$
5,240
 
$
5,240
 
$
-
 
$
(158)
 
$
(158)
 
$
-
 
$
5,082
 
 
 
 
Finite-lived Intangible Assets Amortization Expense [Table Text Block]
As of July 31, 2014, the amortization expense related to identifiable intangible assets in future periods is expected to be as follows (in thousands):
 
 
 
 
 
Other
 
Total
 
 
 
Developed
 
Intangible
 
Intangible
 
 
 
Technology
 
Assets
 
Assets
 
2015
 
$
631
 
$
117
 
$
748
 
2016
 
 
631
 
 
117
 
 
748
 
2017
 
 
631
 
 
117
 
 
748
 
2018
 
 
631
 
 
117
 
 
748
 
2019
 
 
631
 
 
117
 
 
748
 
Thereafter
 
 
1,134
 
 
208
 
 
1,342
 
Total intangible assets subject to amortization
 
$
4,289
 
$
793
 
$
5,082
 
Fair Value, by Balance Sheet Grouping [Table Text Block]
The following table presents the carrying amounts and estimated fair values of the Company’s financial instruments at:
 
 
 
2014
 
2013
 
 
 
Carrying
 
 
 
Carrying
 
 
 
 
 
amount
 
Fair value
 
amount
 
Fair value
 
Financial assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
523,540
 
$
523,540
 
$
596,871
 
$
596,871
 
Accounts receivable
 
$
490
 
$
490
 
$
191,835
 
$
191,835
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Accounts payable and accrued liabilities
 
$
143,105
 
$
143,105
 
$
62,810
 
$
62,810
 
Notes payable
 
$
74,713
 
$
71,545
 
 
-
 
 
-
 
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The following table presents the placement in the fair value hierarchy of assets and liabilities that are measured at fair value on a recurring basis at:
 
 
 
 
 
 
Fair value measurements at
reporting date using
 
 
 
July 31,
2014
 
Quoted prices
in active
markets for
identical
assets
(Level 1)
 
Significant
other
observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Notes payable
 
$
74,713
 
 
 
 
 
 
 
$
71,545
 
 
 
 
 
 
 
Fair value measurements at
reporting date using
 
 
 
July 31,
2013
 
Quoted prices
in active
markets for
identical
assets
(Level 1)
 
Significant
other
observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Notes payable
 
$
0
 
 
 
 
 
 
 
$
0