Inventories, Net

12 Months Ended

Jul. 31, 2016

Inventories, Net

Inventories, net

4.Inventories, Net

A summary of inventories is as follows:

	July 31,
	2016		2015
Raw materials and parts	$	45,867,000	$	36,585,000
Work-in-process		13,178,000		10,017,000
Finished goods		37,831,000		29,371,000
Reserve for excess and obsolete inventory		(5,390,000)		(3,895,000)
Total	$	91,486,000	$	72,078,000