Fair Value Measurements (Tables)

3 Months Ended

Oct. 31, 2013

Assets and Liabilities Measured and Carried at Fair Value

The tables below present information about our assets and liabilities that are regularly measured and carried at fair value and indicate the level within the fair value hierarchy of the valuation techniques we utilized to determine such fair value:

(in millions)	As of October 31, 2013		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets
Cash equivalents	$	0.8	$	-	$	0.8	$	-
Plan assets for deferred compensation		2.9		2.9		-		-
Total assets at fair value	$	3.7	$	2.9	$	0.8	$	-
Liabilities
Contingent consideration	$	1.9	$	-	$	-	$	1.9
Foreign currency forward contracts		0.1		-		0.1		-
Total liabilities at fair value	$	2.0	$	-	$	0.1	$	1.9
(in millions)	As of July 31, 2013		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets
Cash equivalents	$	0.8	$	-	$	0.8	$	-
Plan assets for deferred compensation		2.7		2.7		-		-
Total assets at fair value	$	3.5	$	2.7	$	0.8	$	-
Liabilities
Foreign currency forward contracts	$	0.2	$	-	$	0.2	$	-
Total liabilities at fair value	$	0.2	$	-	$	0.2	$	-

Reconciliations of Changes in Fair Value of Contingent Consideration

The following table reconciles the changes in the fair value of contingent consideration obligations that have been classified as Level 3:

	Three Months Ended October 31
(in millions)	2013
Fair value, beginning of period	$	-
Acquisition date fair value of contingent consideration		1.9
Change in fair value		-
Payments		-
Fair value, end of period	$	1.9