Retirement Plans (Tables)

12 Months Ended

Jul. 31, 2013

Amounts Recognized in Accumulated Other Comprehensive (Loss)

Amounts Recognized in Accumulated Other Comprehensive (Loss)

	Year Ended July 31,
	2013		2012
Net actuarial gain (loss)	$	2,409	$	(1,632	)
Net amount recognized	$	2,409	$	(1,632	)

Net Periodic Benefit Cost

Net Periodic Benefit Cost

	Year Ended July 31,
	2013			2012			2011
Service cost	$	1,395		$	1,077		$	1,064
Interest cost		641			576			523
Expected return on plan assets		(684	)		(651	)		(568	)
Amortization of transition asset obligations		(26	)		(26	)		(28	)
Amortization of prior service costs		10			10			10
Amortization of net actuarial loss recognized		357			210			184
Total net periodic benefit cost	$	1,693		$	1,196		$	1,185

Actuarial Assumptions

Actuarial assumptions for the Analogic Canada Plan are described below. The discount rates at July 31 were used to measure the fiscal year end benefit obligations and the earnings effects for the subsequent year. The discount rate is based on high quality corporate bond spot rates with cash flows that match the timing and amount of expected benefit payments.

	July 31,
	2013			2012			2011
Discount rate		4.80	%		4.20	%		4.90	%
Expected return on assets		6.00	%		6.00	%		6.25	%
Salary increase		3.50	%		3.50	%		3.75	%

Projected Benefit Obligation

Projected Benefit Obligation

	2013			2012
Beginning balance at August 1	$	15,543		$	12,546
Current service cost		1,395			1,077
Foreign currency exchange gain		(392	)		(535	)
Interest cost		641			575
Net actuarial (gains) loss		(2,389	)		2,147
Plan participant contributions		250			241
Benefit payments		(568	)		(508	)
Ending balance at July 31	$	14,480		$	15,543

Fair Value of Plan Assets

Fair Value of Plan Assets

	2013			2012
Beginning balance at August 1	$	10,855		$	10,536
Actual return on plan assets		1,496			11
Employer contributions		1,657			1,068
Plan participant contributions		250			241
Benefits paid		(568	)		(508	)
Foreign currency exchange gain		(309	)		(493	)
Ending balance at July 31	$	13,381		$	10,855

Plan Assets Held in Trust

Plan Assets

The Analogic Canada Plan assets are held in trust, as follows:

	July 31, 2013						July 31, 2012
	Target allocation			Actual allocation			Actual allocation
Equity securities		65.0	%		65.8	%		65.6	%
Debt securities		35.0	%		34.2	%		34.4	%
Total		100.0	%		100.0	%		100.0	%

Fair Value of Analogic Canada Plan Pension Assets by Asset Category

The fair value of the Analogic Canada Plan pension assets by asset category at July 31, 2013 and 2012 were as follows:

	Fair Value Measurements at July 31, 2013
Assets	Quoted Prices in Active Markets for Indentical Assets Level 1		Significant Other Observable Inputs Level 2		Significant Unobservable Inputs Level 3		Assets at Fair Value
Mutual funds (a)	$	—	$	—	$	13,381	$	13,381
Total	$	—	$	—	$	13,381	$	13,381
	Fair Value Measurements at July 31, 2012
Assets	Quoted Prices in Active Markets for Indentical Assets Level 1		Significant Other Observable Inputs Level 2		Significant Unobservable Inputs Level 3		Assets at Fair Value
Mutual funds (a)	$	—	$	—	$	10,855	$	10,855
Total	$	—	$	—	$	10,855	$	10,855

(a) - This comprises units of segregated pooled funds with an insurance company. These funds have underlying values primarily derived from mutual funds that have debt and equity securities, which are traded on an active market based on the closing price of each trading day.

Fair Value Measurements Using Signficant Unobservable Inputs

	Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
	July 31, 2013			July 31, 2012
Beginning balance at beginning of fiscal year	$	10,855		$	10,536
Actual return on plan assets
Relating to assets still held at end of fiscal year		1,576			112
Purchases, sales, and settlements		1,259			700
Foreign currency exchange loss		(309	)		(493	)
Ending balance at end of fiscal year	$	13,381		$	10,855

Estimated Future Benefit Payments

Estimated Future Benefit Payments

Estimated future benefit payments under the Analogic Canada Plan are as follows:

2014	2015	2016	2017	2018	2019-23
$253	$272	$293	$301	$314	$2,459

Amounts Recognized on Balance Sheet

The amounts recognized on our consolidated balance sheets for the Analogic Canada Plan were as follows:

	July 31,
	2013			2012
Long-term liabilities	$	(1,099	)	$	(4,653	)
Net balance sheet (liability) asset	$	(1,099	)	$	(4,653	)