Comprehensive income

6 Months Ended

Jan. 31, 2012

Comprehensive income

11. Comprehensive income:

Components of comprehensive income include net income and certain transactions that have generally been reported as a component of stockholders’ equity. The following table presents the calculation of total comprehensive income and its components:

	Three Months Ended January 31,						Six Months Ended January 31,
	2012			2011			2012			2011
Net income	$	19,615		$	5,296		$	23,641		$	7,890
Other comprehensive income, net of taxes:
Pension adjustment, net of a tax benefits of $26 and $36 for the three and six months ended January 31, 2011, respectively.		-			(46	)		-			(65	)
Foreign currency translation adjustment, net of a tax provision of $162 in the three months ended January 31, 2011 and a tax benefit of $46 in the six months ended January 31, 2011.		(2,757	)		(554	)		(5,067	)		4,330
Total comprehensive income	$	16,858		$	4,696		$	18,574		$	12,155

The components of accumulated other comprehensive income, net of taxes, at January 31, 2012 and July 31, 2011, were as follows:

	January 31,         2012				July 31,         2011
Pension adjustment		$	(3,079	)		$	(3,079	)
Foreign currency translation adjustment			9,509				14,576
Total		$	6,430			$	11,497