Fair Value Measurements (Tables)

9 Months Ended

Apr. 30, 2019

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:



	April 30, 2019
	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents:
Money markets	$	104	$	—	$	—	$	104
Other Assets:
Interest rate swap	—		751		—		751
Total assets	$	104	$	751	$	—	$	855
Liabilities:
Accrued expenses:
Interest rate swap	—		142		—		142
Other long-term liabilities:
Contingent consideration	—		—		1,374		1,374
Total liabilities	$	—	$	142	$	1,374	$	1,516



	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 liabilities	$	—	$	—	$	1,298	$	1,298

Level 3 activity of financial liabilities

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



	Aexis Contingent Consideration
Balance, July 31, 2018	$	1,298
Net activity	76
Balance, April 30, 2019	$	1,374