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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Oct. 31, 2013
Fair Value Disclosures [Abstract]  
Schedule of financial assets and liabilities that are measured at fair value on a recurring basis
The following table presents, for each of these hierarchy levels, the Company’s financial assets and liabilities that are measured at fair value on a recurring basis as of October 31, 2013:
 
Fair Value Measurements
 
As of
 
 
 
 
 
 
 
Oct 31, 2013
 
Level 1
 
Level 2
 
Level 3
Financial assets carried at fair value
 
 
 
 
 
 
 
Money market funds
$
2,786

 
$
2,786

 
$

 
$

Available-for-sale securities:
 
 
 
 
 
 
 
Equity securities
185

 
185

 

 

Debt securities:
 
 
 
 
 
 
 
Corporate
30,749

 

 
30,749

 

U.S. Treasury
11,287

 

 
11,287

 

Federal Agency
20,086

 

 
20,086

 

Mortgage-backed
5,975

 

 
5,975

 

Commercial paper
1,699

 

 
1,699

 

Trading securities
201

 
199

 
2

 

Derivative financial instruments:
 
 
 
 
 
 
 
Foreign exchange forward contracts
1,180

 

 
1,180

 

Financial liabilities carried at fair value
 
 
 
 
 
 
 
Derivative financial instruments:
 
 
 
 
 
 
 
Foreign exchange forward contracts
1,395

 

 
1,395

 


The following table presents, for each of these hierarchy levels, the Company’s financial assets and liabilities that are measured at fair value on a recurring basis as of July 31, 2013:
 
Fair Value Measurements
 
As of
 
 
 
 
 
 
 
Jul 31, 2013
 
Level 1
 
Level 2
 
Level 3
Financial assets carried at fair value
 
 
 
 
 
 
 
Money market funds
$
6,404

 
$
6,404

 
$

 
$

Available-for-sale securities:
 
 
 
 
 
 
 

Equity securities
176

 
176

 

 

Debt securities:
 
 
 
 
 
 
 
Corporate
32,393

 

 
32,393

 

U.S. Treasury
11,543

 

 
11,543

 

Federal Agency
20,642

 

 
20,642

 

Mortgage-backed
5,990

 

 
5,990

 

Trading securities
190

 
190

 

 

Derivative financial instruments:
 
 
 
 
 
 
 
Foreign exchange forward contracts
301

 

 
301

 

Financial liabilities carried at fair value
 
 
 
 
 
 
 
Derivative financial instruments:
 
 
 
 
 
 
 
Foreign exchange forward contracts
3,066

 

 
3,066