SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Level 3 (Tables)

12 Months Ended

Jul. 31, 2020

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Inventories

The composition of inventories was as follows as of July 31 (in thousands):

	2020		2019
Finished goods	$	14,500	$	13,957
Packaging	4,587		5,681
Other	4,806		4,525
Inventories	$	23,893	$	24,163

Estimated Intangible Amortization Expense

Our estimated intangible amortization expense for the next five fiscal years is as follows (in thousands):

2021	$	583
2022	$	431
2023	$	227
2024	$	91
2025	$	66

Acquired Finite-Lived Intangible Assets Weighted Average Amortization Period

The weighted average amortization period of our intangibles subject to amortization is as follows (in years):

	Weighted Average Amortization Period
Trademarks and patents	14.3
Customer list	3.3
Total intangible assets subject to amortization	5.9

Property, Plant and Equipment Estimated Useful Lives

	Years
Buildings and leasehold improvements	3	-	40
Machinery and equipment
Packaging	2	-	20
Processing	2	-	30
Mining and other	2	-	20
Office furniture and equipment	3	-	15
Vehicles	2	-	15