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Supplemental Cash Flow Information
12 Months Ended
Jul. 31, 2013
Supplemental Cash Flow Information  
Supplemental Cash Flow Information

17.          Supplemental Cash Flow Information

 

Interest paid was $2,643,000, $2,875,000 and $711,000 for fiscals 2013, 2012 and 2011, respectively. The increase in interest paid in fiscals 2013 and 2012, compared with fiscal 2011, was due principally to increases in average outstanding borrowings and average interest rates relating to the August 1, 2011 acquisition of the Byrne Medical Business, as more fully described in Notes 3 and 9 to the Consolidated Financial Statements.

 

Income tax payments were $17,116,000, $15,474,000 and $9,226,000 for fiscals 2013, 2012 and 2011, respectively.