DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Jul. 31, 2013

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

The key components of discontinued operations for the three years ended July 31, 2013, 2012 and 2011 were as follows:



	2013		2012		2011
Net sales	$	8,975	$	230,826	$	223,721

Earnings from discontinued operations before income taxes	$	390,058	$	55,684	$	50,803
Provision for income taxes	145,085		17,322		14,504
Earnings from discontinued operations, net of income taxes	$	244,973	$	38,362	$	36,299

As of July 31, 2012 the aggregate components of assets and liabilities classified as held for sale in the consolidated balance sheet as of July 31, 2012 consisted of the following:



	Jul 31, 2012
Inventory	$	40,090
Prepaid expenses and other current assets	1,883
Total current assets	$	41,973

Property, plant and equipment	$	75,506
Goodwill	18,514
Intangible assets	524
Other non-current assets	—
Total non-current assets	$	94,544
Total assets	$	136,517

Total liabilities	$	2,643

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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