Short-Term Investments

6 Months Ended

Jan. 31, 2013

Short-Term Investments [Abstract]

Short-Term Investments

Note B – Short-Term Investments

          All short-term investments are time deposits and have original maturities in excess of three months but not more than twelve months. The Company had $67.9 million and $92.4 million in short-term investments as of January 31, 2013 and July 31, 2012, respectively.