

	April 30, 2016		July 31, 2016
Current:
Restructuring (c)	$	44,242	$	8,177
Foreign currency forward contracts (b)	7,092		—
Deferred gains on sale-leasebacks of helicopters (c)	13,987		—
Residual value guarantees (c)	3,359		—
Foreign currency embedded derivatives (a)	441		65
Contract inducement	724		299
Other	695		—
	$	70,540	$	8,541
Non-current:
Accrued pension obligations	$	103,895	$	51,021
Deferred gains on sale-leasebacks of helicopters (c)	68,178		—
Residual value guarantees (c)	19,654		—
Restructuring (c)	25,025		53
Insurance claims accrual	10,776		9,577
Contract inducement	6,304		2,506
Foreign currency forward contracts (b)	813		—
Foreign currency embedded derivatives (a)	261		—
Other	7,805		5,934
	$	242,711	$	69,091


(a)	The fair value of the foreign currency embedded derivatives is determined to be a recurring Level 2 fair value measurement determined using a present value model. There were no transfers between categories in the fair value hierarchy.


(b)	All of our foreign currency forward contracts were terminated and have been classified as liabilities subject to compromise as at July 31, 2016.

(c)

As of July 31, 2016, the Bankruptcy Court had approved 65 helicopter lease rejections. In accordance with the guidance of ASC 852 Reorganizations, we have recorded the expected allowed claim from the lessors on the Bankruptcy Court’s approval of the lease rejection (note 10) with all lease related assets and liabilities adjusted to reorganization items, net (note 9). The lessors’ rights of enforcement for those claims will be subject to the applicable provisions of the Bankruptcy Code.