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Fair Value Measurements (Tables)
12 Months Ended
Jul. 31, 2020
Fair Value Disclosures [Abstract]  
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, 2020
 Level 1Level 2Level 3Total
Cash and cash equivalents:
Money markets$106 $ $ $106 
Total assets$106 $ $ $106 
Accrued expenses:
Interest rate swap$ $5,462 $ $5,462 
Contingent consideration    
Other long-term liabilities:
Interest rate swap 15,694  15,694 
Total liabilities$ $21,156 $ $21,156 
 
 July 31, 2019
 Level 1Level 2Level 3Total
Cash and cash equivalents:
Money markets$104 $ $ $104 
Prepaid expenses and other current assets:
Interest rate swap 486  486 
Other assets:
Interest rate swap 2,826  2,826 
Total assets$104 $3,312 $ $3,416 
Other long-term liabilities:
Contingent consideration$ $ $1,411 $1,411 
Total liabilities$ $ $1,411 $1,411 
Reconciliation of liabilities measured and recorded at fair value on a recurring basis using significant unobservable inputs (Level 3)
A reconciliation of our liabilities that are measured and recorded at fair value on a recurring basis using significant unobservable inputs (Level 3) for fiscal 2020, 2019 and 2018 is as follows:
 Aexis
Contingent Consideration
Jet Prep Assumed Contingent ObligationHu-Friedy Contingent Consideration (Earnouts)Hu-Friedy Contingent Consideration (Stock Price)Total
Balance, August 1, 2017$ $1,138 $ $ $1,138 
Acquisitions1,292    1,292 
Fair value adjustments(1)
6    6 
Settlements/payments (1,138)  (1,138)
Balance, July 31, 20181,298    1,298 
Fair value adjustments(1)
113    113 
Balance, July 31, 20191,411    1,411 
Acquisitions  35,100 3,271 38,371 
Fair value adjustments(1)
280  (10,100)3,450 (6,370)
Settlements/payments(1,691)$ $(25,000)$(6,721)(33,412)
Balance, July 31, 2020$ $ $ $ $ 
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(1) Included in general and administrative expenses.