Fair Value Measurements (Tables)

12 Months Ended

Jul. 31, 2013

Fair Value Measurements

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

	July 31, 2013
	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents:
Money markets	$	4,241,000	$	—	$	—	$	4,241,000
Total assets	$	4,241,000	$	—	$	—	$	4,241,000
Liabilities:
Acquisitions payable:
Price floor	$	—	$	—	$	45,000	$	45,000
Total acquisitions payable	—		—		45,000		45,000
Other liabilities:
Interest rate swap agreements	—		162,000		—		162,000
Total other liabilities (1)	—		162,000		—		162,000
Total liabilities	$	—	$	162,000	$	45,000	$	207,000

	July 31, 2012
	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents:
Money markets	$	3,916,000	$	—	$	—	$	3,916,000
Total assets	$	3,916,000	$	—	$	—	$	3,916,000
Liabilities:
Acquisitions payable:
Contingent consideration	$	—	$	—	$	1,500,000	$	1,500,000
Price floor	—		—		1,037,000		1,037,000
Total acquisitions payable	—		—		2,537,000		2,537,000
Other liabilities:
Interest rate swap agreements	—		335,000		—		335,000
Total other liabilities (2)	—		335,000		—		335,000
Total liabilities	$	—	$	335,000	$	2,537,000	$	2,872,000

(1) At July 31, 2013, the current portion of the interest swap agreements of $133,000 is recorded in accrued expenses and the long-term portion of the interest swap agreements of $29,000 is recorded in other long-term liabilities.

(2) At July 31, 2012, the current portion of the interest swap agreements of $212,000 is recorded in accrued expenses and the long-term portion of the interest swap agreements of $123,000 is recorded in other long-term liabilities.

Schedule of reconciliation of the contingent consideration liability measured and recorded at fair value on a recurring basis using significant unobservable inputs (Level 3)

	ConFirm			Byrne			Byrne
	Contingent			Contingent			Price
	Consideration			Consideration			Floor			Total
Balance, July 31, 2010	$	—		$	—		$	—		$	—
Total net unrealized losses included in general and administrative expense in earnings	119,000			—			—			119,000
Transfers into or out of level 3	—			—			—			—
Net purchases, issuances, sales and settlements	656,000			—			—			656,000
Balance, July 31, 2011	775,000			—			—			775,000
Total net unrealized losses (gains) included in general and administrative expense in earnings	80,000			(1,200,000		)	(1,963,000		)	(3,083,000		)
Transfers into or out of level 3	—			—			—			—
Net purchases, issuances, sales and settlements	(855,000		)	2,700,000			3,000,000			4,845,000
Balance, July 31, 2012	—			1,500,000			1,037,000			2,537,000
Total net unrealized gains included in general and administrative expense in earnings	—			(1,500,000		)	(992,000		)	(2,492,000		)
Transfers into or out of level 3	—			—			—			—
Net purchases, issuances, sales and settlements	—			—			—			—
Balance, July 31, 2013	$	—		$	—		$	45,000		$	45,000