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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Oct. 31, 2015
Oct. 31, 2014
Cash Flows From Operating Activities:    
Net income $ 401,375 $ 438,672
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 406,750 440,985
Amortization of deferred charges $ 86,579 86,100
Realized (gain) on sale of marketable securities (386)
Other assets - unbilled receivables $ 94,936 (8,907)
Deferred income taxes 239,000 105,000
Deferred revenue (291,667) (291,667)
Changes in:    
Receivables 131,187 (100,863)
Income taxes refundable (174,654) 196,006
Prepaid expenses 578,417 512,096
Accounts payable 29,509 (30,031)
Payroll and other accrued liabilities $ (207,296) (107,765)
Income taxes payable 10,068
Other taxes payable $ (2,709) (3,757)
Cash provided by operating activities 1,291,427 1,245,551
Cash Flows From Investing Activities:    
Capital expenditures (821,347) (404,643)
Security deposits $ (3,679) (2,655)
Marketable securities:    
Receipts from sales or maturities 270,974
Payments for purchases $ (9,541) (273,307)
Cash (used) by investing activities (834,567) (409,631)
Cash Flows From Financing Activities:    
Increase - security deposits 1,579 1,649
Mortgage and other debt payments (36,895) (43,695)
Cash (used) by financing activities (35,316) (42,046)
Increase in cash and cash equivalents 421,544 793,874
Cash and cash equivalents at beginning of period 4,085,704 1,892,760
Cash and cash equivalents at end of period $ 4,507,248 $ 2,686,634