Business combination (Tables)

12 Months Ended

Jul. 31, 2012

Fair Value of Major Classes of Tangible and Identifiable Intangible Assets Acquired

The final fair value allocated to each of the major classes of tangible and identifiable intangible assets acquired on November 19, 2010 and the bargain purchase gain recorded in general and administrative expenses in the audited Consolidated Statements of Operations were computed as follows:

Inventory	$	1,284
Property, plant, and equipment		489
Intangible assets		730
Accrued liabilities		(154	)
Deferred tax liabilities		(621	)
Net tangible and intangible assets		1,728
Estimated purchase price		686
Bargain purchase gain	$	1,042

Components of Identifiable Intangible Assets and their Estimated Useful Lives

The following table sets forth the components of the identifiable intangible assets acquired and being amortized over their estimated useful lives, with a maximum amortization period of five years, on a straight-line basis:

	Fair Value		Useful Life
Backlog	$	70		3.5 months
Developed Technology		420		5 years
Customer Relationships		240		5 years
Total acquired identifiable intangible assets	$	730