XML 37 R27.htm IDEA: XBRL DOCUMENT v3.4.0.3
Fair Value Measurements (Tables)
9 Months Ended
Apr. 30, 2016
Fair Value Measurements  
Schedule of fair values of financial instruments measured on a recurring basis

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

April 30, 2016

 

 

    

Level 1

    

Level 2

    

Level 3

    

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

Money markets

 

$

880,000

 

$

—

 

$

—

 

$

880,000

 

Total assets

 

$

880,000

 

$

 —

 

$

 —

 

$

880,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Accrued expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

Assumed contingent obligation

 

$

—

 

$

—

 

$

12,000

 

$

12,000

 

Contingent guaranteed obligation

 

 

—

 

 

—

 

 

414,000

 

 

414,000

 

Total accrued expenses

 

 

 —

 

 

 —

 

 

426,000

 

 

426,000

 

Other long-term liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration

 

 

—

 

 

—

 

 

148,000

 

 

148,000

 

Assumed contingent obligation

 

 

—

 

 

—

 

 

1,126,000

 

 

1,126,000

 

Contingent guaranteed obligation

 

 

—

 

 

—

 

 

155,000

 

 

155,000

 

Total other long-term liabilities:

 

 

 —

 

 

 —

 

 

1,429,000

 

 

1,429,000

 

Total liabilities

 

$

 —

 

$

 —

 

$

1,855,000

 

$

1,855,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

July 31, 2015

 

 

    

Level 1

    

Level 2

    

Level 3

    

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

Money markets

 

$

1,680,000

 

$

—

 

$

—

 

$

1,680,000

 

Total assets

 

$

1,680,000

 

$

 —

 

$

 —

 

$

1,680,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Accrued expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

Assumed contingent obligation

 

$

—

 

$

 —

 

$

12,000

 

$

12,000

 

Contingent guaranteed obligation

 

 

—

 

 

—

 

 

566,000

 

 

566,000

 

Total accrued expenses

 

 

 —

 

 

 —

 

 

578,000

 

 

578,000

 

Other long-term liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration

 

 

—

 

 

—

 

 

751,000

 

 

751,000

 

Assumed contingent obligation

 

 

—

 

 

—

 

 

1,126,000

 

 

1,126,000

 

Contingent guaranteed obligation

 

 

—

 

 

—

 

 

322,000

 

 

322,000

 

Total other long-term liabilities:

 

 

 —

 

 

 —

 

 

2,199,000

 

 

2,199,000

 

Total liabilities

 

$

 —

 

$

 —

 

$

2,777,000

 

$

2,777,000

 

 

 

Reconciliation of liabilities measured and recorded at fair value on a recurring basis using significant unobservable inputs (Level 3)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Jet Prep

 

Cantel Medical (UK)

 

 

 

 

 

 

Jet Prep

 

Assumed

 

Contingent

 

 

 

 

 

 

Contingent

 

Contingent

 

Guaranteed

 

 

 

 

 

 

Consideration

 

Obligation

 

Obligation

 

Total

 

Balance, July 31, 2014

 

$

2,722,000

 

$

1,752,000

 

$

1,395,000

 

$

5,869,000

 

Total net unrealized losses included in general and administrative expense in earnings

 

 

82,000

 

 

11,000

 

 

54,000

 

 

147,000

 

Settlements

 

 

—

 

 

—

 

 

(132,000)

 

 

(132,000)

 

Foreign currency translation

 

 

—

 

 

—

 

 

(77,000)

 

 

(77,000)

 

Balance, October 31, 2014

 

 

2,804,000

 

 

1,763,000

 

 

1,240,000

 

 

5,807,000

 

Total net unrealized losses included in general and administrative expense in earnings

 

 

84,000

 

 

10,000

 

 

33,000

 

 

127,000

 

Settlements

 

 

—

 

 

—

 

 

(164,000)

 

 

(164,000)

 

Foreign currency translation

 

 

—

 

 

—

 

 

(69,000)

 

 

(69,000)

 

Balance, January 31, 2015

 

 

2,888,000

 

 

1,773,000

 

 

1,040,000

 

 

5,701,000

 

Total net unrealized (gains) losses included in general and administrative expense in earnings

 

 

(2,159,000)

 

 

(642,000)

 

 

11,000

 

 

(2,790,000)

 

Settlements

 

 

—

 

 

—

 

 

(161,000)

 

 

(161,000)

 

Foreign currency translation

 

 

—

 

 

—

 

 

24,000

 

 

24,000

 

Balance, April 30, 2015

 

 

729,000

 

 

1,131,000

 

 

914,000

 

 

2,774,000

 

Total net unrealized losses included in general and administrative expense in earnings

 

 

22,000

 

 

7,000

 

 

23,000

 

 

52,000

 

Settlements

 

 

—

 

 

—

 

 

(109,000)

 

 

(109,000)

 

Foreign currency translation

 

 

—

 

 

—

 

 

60,000

 

 

60,000

 

Balance, July 31, 2015

 

 

751,000

 

 

1,138,000

 

 

888,000

 

 

2,777,000

 

Total net unrealized (gains) losses included in general and administrative expense in earnings

 

 

(612,000)

 

 

—

 

 

20,000

 

 

(592,000)

 

Settlements

 

 

—

 

 

—

 

 

(120,000)

 

 

(120,000)

 

Foreign currency translation

 

 

—

 

 

—

 

 

(15,000)

 

 

(15,000)

 

Balance, October 31, 2015

 

 

139,000

 

 

1,138,000

 

 

773,000

 

 

2,050,000

 

Total net unrealized losses included in general and administrative expense in earnings

 

 

4,000

 

 

—

 

 

17,000

 

 

21,000

 

Settlements

 

 

—

 

 

—

 

 

(100,000)

 

 

(100,000)

 

Foreign currency translation

 

 

—

 

 

—

 

 

(53,000)

 

 

(53,000)

 

Balance, January 31, 2016

 

 

143,000

 

 

1,138,000

 

 

637,000

 

 

1,918,000

 

Total net unrealized losses included in general and administrative expense in earnings

 

 

5,000

 

 

—

 

 

15,000

 

 

20,000

 

Settlements

 

 

—

 

 

—

 

 

(95,000)

 

 

(95,000)

 

Foreign currency translation

 

 

—

 

 

—

 

 

12,000

 

 

12,000

 

Balance, April 30, 2016

 

$

148,000

 

$

1,138,000

 

$

569,000

 

$

1,855,000