Contingent Liabilities and Commitments (Tables)

9 Months Ended

Apr. 30, 2013

Principal Commercial Commitments Under Repurchase Agreements and Guarantees

The Company’s principal commercial commitments under repurchase agreements and dealer inventory financing guarantees at April 30, 2013 are summarized in the following chart:

Commitment	Total Amount Committed		Term of Commitments
Guarantee on dealer inventory financing	$	525	Various
Standby repurchase obligations on dealer inventory financing	$	1,153,916	Up to eighteen months

Losses Due to Repurchases Under Repurchase Agreements

The table below reflects losses incurred under repurchase agreements in the periods noted. The Company believes that any future losses under these agreements will not have a significant effect on the Company’s consolidated financial position, results of operations or cash flows.

	Three Months Ended April 30,				Nine Months Ended April 30,
	2013		2012		2013		2012
Cost of units repurchased	$	3,650	$	953	$	5,778	$	2,761
Realization of units resold		3,290		863		5,059		2,445
Losses due to repurchase	$	360	$	90	$	719	$	316