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Retirement Plans
12 Months Ended
Jul. 31, 2013
Retirement Plans  
Retirement Plans

16.          Retirement Plans

 

We have 401(k) Savings and Retirement Plans for the benefit of eligible United States employees. Additionally, our Canadian subsidiaries maintain profit sharing plans for the benefit of eligible employees. Contributions by the Company are both discretionary and non-discretionary and are limited in any year to the amount allowable by tax authorities in the United States or Canada.

 

Aggregate employer contributions recognized under these plans were $2,540,000, $2,152,000 and $1,904,000 for fiscals 2013, 2012 and 2011, respectively.