DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

6 Months Ended

Jan. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair values of the Company's derivative financial instruments included in the consolidated balance sheets

The fair values of the Company’s derivative financial instruments included in the condensed consolidated balance sheets are presented as follows:

	Asset Derivatives			Liability Derivatives
January 31, 2014	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments
Foreign exchange forward contracts	Other current assets	$	3,567	Other current liabilities	$	4
Derivatives not designated as hedging instruments
Foreign exchange forward contracts	Other current assets	$	945	Other current liabilities	$	1,679
Total derivatives		$	4,512		$	1,683
Nonderivative instruments designated as hedging instruments
Net investment hedge				Long-term debt, net of current portion	$	87,624

	Asset Derivatives			Liability Derivatives
July 31, 2013	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments
Foreign exchange forward contracts	Other current assets	$	—	Other current liabilities	$	1,941
Derivatives not designated as hedging instruments
Foreign exchange forward contracts	Other current assets	$	301	Other current liabilities	$	1,125
Total derivatives		$	301		$	3,066
Nonderivative instruments designated as hedging instruments
Net investment hedge				Long-term debt, net of current portion	$	91,800

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

The amounts of the gains and losses related to the Company’s derivative financial instruments designated as hedging instruments for the three and six months ended January 31, 2014 and January 31, 2013 are presented as follows:

	Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion)					Location of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)	Amount of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion) (a)
	Three Months Ended						Three Months Ended
	Jan 31, 2014		Jan 31, 2013				Jan 31, 2014			Jan 31, 2013
Derivatives in cash flow hedging relationships
Foreign exchange forward contracts	$	3,489	$	(1,825	)	Net sales	$	113		$	(296	)
						Cost of sales	(46		)	(170		)
Total derivatives	$	3,489	$	(1,825	)		$	67		$	(466	)

	Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion)					Location of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)	Amount of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion) (a)
	Six Months Ended						Six Months Ended
	Jan 31, 2014		Jan 31, 2013				Jan 31, 2014			Jan 31, 2013
Derivatives in cash flow hedging relationships
Foreign exchange forward contracts	$	5,310	$	(3,777	)	Net sales	$	112		$	(387	)
						Cost of sales	(866		)	(170		)
Total derivatives	$	5,310	$	(3,777	)		$	(754	)	$	(557	)

(a) There were no gains or losses recognized in earnings related to the ineffective portion of the hedging relationship or related to the amount excluded from the assessment of hedge effectiveness for the three and six months ended January 31, 2014 and January 31, 2013.

The amounts of the gains and loss

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location

The amounts of the gains and losses related to the Company’s derivative financial instruments not designated as hedging instruments for the three and six months ended January 31, 2014 and January 31, 2013 are presented as follows:

		Amount of Gain or (Loss) Recognized in Earnings on Derivatives
		Three Months Ended						Six Months Ended
	Location of Gain or (Loss) Recognized in Earnings on Derivatives	Jan 31, 2014			Jan 31, 2013			Jan 31, 2014			Jan 31, 2013
Derivatives not designated as hedging relationships
Foreign exchange forward contracts	Selling, general and administrative expenses	$	(2,792	)	$	(7,388	)	$	(2,343	)	$	(9,826	)

Schedule of Net Investment Hedges in Accumulated Other Comprehensive Income (Loss)

The amounts of the gains and losses related to the Company’s nonderivative financial instruments designated as hedging instruments for the three and six months ended January 31, 2014 and January 31, 2013 are presented as follows:

	Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion)					Location of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)	Amount of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)(b)
	Three Months Ended						Three Months Ended
	Jan 31, 2014			Jan 31, 2013			Jan 31, 2014		Jan 31, 2013
Nonderivatives designated as hedging relationships
Net investment hedge	$	(3,735	)	$	9,100	N/A	$	—	$	—

	Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion)					Location of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)	Amount of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)(b)
	Six Months Ended						Six Months Ended
	Jan 31, 2014			Jan 31, 2013			Jan 31, 2014		Jan 31, 2013
Nonderivatives designated as hedging relationships
Net investment hedge	$	(4,176	)	$	10,437	N/A	$	—	$	—

(b) There were no gains or losses recognized in earnings related to the ineffective portion of the hedging relationship or related to the amount excluded from the assessment of hedge effectiveness for the three and six months ended January 31, 2014 and January 31, 2013.