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Acquisitions (Tables)
12 Months Ended
Jul. 31, 2017
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
 
 
2017
 
2016
Purchase Price Allocation
 
CR Kennedy
 
Vantage(1)
 
Accutron(1)
 
NAMSA(1)
 
MI
Purchase Price:
 
 
 
 
 
 
 
 
 
 
Cash paid
 
$
11,999

 
$
4,044

 
$
53,049

 
$
13,424

 
$
79,597

Debt acquired
 

 

 

 

 

Total
 
$
11,999

 
$
4,044

 
$
53,049

 
$
13,424

 
$
79,597

 
 
 
 
 
 
 
 
 
 
 
Allocation:
 
 
 
 
 
 
 
 
 
 
Property and equipment
 

 
433

 
1,676

 
437

 
6,464

Amortizable intangible assets:
 
 
 
 
 
 
 
 
 
 
Customer relationships
 
4,200

 
992

 
12,800

 
5,820

 
24,430

Technology
 

 

 
10,000

 
1,320

 
10,930

Brand names
 

 

 
2,000

 

 
2,030

Goodwill
 
5,894

 
2,299

 
21,989

 
3,687

 
40,006

Deferred income taxes
 

 

 
112

 

 
(8,683
)
Other working capital
 
1,905

 
320

 
4,472

 
2,160

 
4,420

Total
 
$
11,999

 
$
4,044

 
$
53,049

 
$
13,424

 
$
79,597

_______________________________________________
(1)
The excess purchase price over net assets acquired was assigned to goodwill, all of which is deductible for income tax purposes.