Other income (expense)	12 Months Ended
Jul. 31, 2014
Other income (expense)	13. Other income (expense) Other income (expense) consists primarily of interest income on cash equivalents, gains on sale of other investments, and foreign exchange gains (losses). Related to the acquisition of PocketSonics, we recognized a loss of $0.5 million during the first quarter of fiscal year 2014. Please refer to Note 3. Business Combinations for more information on the acquisition of PocketSonics. We had foreign exchange (losses) gains totaling $(0.2) million, $(1.5) million, and $0.7 million during the fiscal years 2014, 2013, and 2012, respectively.

Other income (expense)

12 Months Ended

Jul. 31, 2014

13. Other income (expense)

Other income (expense) consists primarily of interest income on cash equivalents, gains on sale of other investments, and foreign exchange gains (losses).

Related to the acquisition of PocketSonics, we recognized a loss of $0.5 million during the first quarter of fiscal year 2014. Please refer to Note 3. Business Combinations for more information on the acquisition of PocketSonics.

We had foreign exchange (losses) gains totaling $(0.2) million, $(1.5) million, and $0.7 million during the fiscal years 2014, 2013, and 2012, respectively.