Fair Value Measurements (Tables)

12 Months Ended

Jul. 31, 2018

Schedule of fair values of financial instruments measured on a recurring basis

The fair values of our financial instruments measured on a recurring basis were categorized as follows:



	July 31, 2018
	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents:
Money markets	$	104	$	—	$	—	$	104
Total assets	104		—		—		104
Liabilities:
Other long-term liabilities:
Contingent consideration	—		—		1,298		1,298
Total other long-term liabilities:	—		—		1,298		1,298
Total liabilities	$	—	$	—	$	1,298	$	1,298



	July 31, 2017
	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents:
Money markets	$	102	$	—	$	—	$	102
Total assets	$	102	$	—	$	—	$	102
Liabilities:
Accrued expenses:
Assumed contingent obligation	—		—		12		12
Total accrued expenses	—		—		12		12
Other long-term liabilities:
Assumed contingent obligation	—		—		1,126		1,126
Total other long-term liabilities:	—		—		1,126		1,126
Total liabilities	$	—	$	—	$	1,138	$	1,138

Reconciliation of liabilities measured and recorded at fair value on a recurring basis using significant unobservable inputs (Level 3)

A reconciliation of our liabilities that are measured and recorded at fair value on a recurring basis using significant unobservable inputs (Level 3) for fiscal 2018, 2017 and 2016 is as follows:



	Aexis Medical Contingent Consideration		Jet Prep Contingent Consideration			Jet Prep Assumed Contingent Obligation			Cantel Medical (U.K.) Contingent Guaranteed Obligation			Total
Balance, August 1, 2015	$	—	$	751		$	1,138		$	888		$	2,777
(Income) loss included in general and administrative expense	—		(751		)	—			64			(687		)
Net purchases, issuances, sales and settlements	—		—			—			(511		)	(511		)
Balance, July 31, 2016	—		—			1,138			441			1,579
Income included in general and administrative expense	—		—			—			(265		)	(265		)
Net purchases, issuances, sales and settlements	—		—			—			(176		)	(176		)
Balance, July 31, 2017	—		—			1,138			—			1,138
Original fair value of contingent consideration	1,292		—			—			—			1,292
Loss included in general and administrative expense	6		—			—			—			6
Net purchases, issuances, sales and settlements	—		—			(1,138		)	—			(1,138		)
Balance, July 31, 2018	$	1,298	$	—		$	—		$	—		$	1,298