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Accumulated Other Comprehensive Income (Loss) (Tables)
12 Months Ended
Jul. 31, 2013
Accumulated Other Comprehensive Income (Loss)  
Schedule of the components and changes in accumulated other comprehensive income (loss)

 

 

 

Foreign

 

 

 

 

 

 

 

Currency

 

Interest Rate

 

 

 

 

 

Translation

 

Swap

 

 

 

 

 

Adjustments

 

Agreements

 

Total

 

 

 

 

 

 

 

 

 

Balance, July 31, 2010

 

$

8,045,000

 

$

 

$

8,045,000

 

Other comprehensive gain

 

1,558,000

 

 

1,558,000

 

Income tax effect on other comprehensive gain

 

(320,000

)

 

(320,000

)

Balance, July 31, 2011

 

9,283,000

 

 

9,283,000

 

Other comprehensive loss

 

(1,158,000

)

(335,000

)

(1,493,000

)

Income tax effect on other comprehensive loss

 

260,000

 

125,000

 

385,000

 

Balance, July 31, 2012

 

8,385,000

 

(210,000

)

8,175,000

 

Other comprehensive loss before reclassifications

 

(435,000

)

(50,000

)

(485,000

)

Income tax effect on other comprehensive loss before reclassifications

 

3,130,000

 

18,000

 

3,148,000

 

Reclassification adjustments to interest expense for losses on interest rate swaps included in net income during the period

 

 

222,000

 

222,000

 

Income tax effect on reclassification adjustments

 

 

(83,000

)

(83,000

)

Balance, July 31, 2013

 

$

11,080,000

 

$

(103,000

)

$

10,977,000