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New Accounting Standards Recently Adopted
6 Months Ended
Jan. 31, 2014
New Accounting Standards Recently Adopted [Abstract]  
New Accounting Standards Recently Adopted

Note O – New Accounting Standards Recently Adopted

In February 2013, the FASB updated the disclosure requirements for accumulated other comprehensive income (AOCI). The updated guidance requires companies to disclose amounts reclassified out of AOCI by component. The updated guidance does not affect how net income or other comprehensive income are calculated or presented.  The updated guidance was effective for the Company beginning in the first quarter of Fiscal 2014.  The adoption of this standard did not have a material impact on the Company’s consolidated financial statements.  For additional information, refer to Note F.