Short-Term Investments

9 Months Ended

Apr. 30, 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 $65.7 million and $92.4 million in short-term investments as of April 30, 2013 and July 31, 2012, respectively.