Inventories, Net

6 Months Ended

Jan. 31, 2017

Inventories, Net

Inventories, net

Note 5.Inventories, Net

A summary of inventories is as follows:

	January 31,		July 31,
	2017		2016
Raw materials and parts	$	44,475,000	$	45,867,000
Work-in-process		14,172,000		13,178,000
Finished goods		44,549,000		37,831,000
Reserve for excess and obsolete inventory		(7,046,000)		(5,390,000)
Total	$	96,150,000	$	91,486,000