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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Apr. 30, 2014
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 April 30, 2014:
 
Fair Value Measurements
 
As of
 
 
 
 
 
 
 
Apr 30, 2014
 
Level 1
 
Level 2
 
Level 3
Financial assets carried at fair value
 
 
 
 
 
 
 
Money market funds
$
3,948

 
$
3,948

 
$
—

 
$
—

Available-for-sale securities:
 
 
 
 
 
 
 
Equity securities
4,524

 
4,524

 
—

 
—

Debt securities:
 
 
 
 
 
 
 
Corporate
30,359

 
—

 
30,359

 
—

U.S. Treasury
10,416

 
—

 
10,416

 
—

Federal agency
16,374

 
—

 
16,374

 
—

Mortgage-backed
9,544

 
—

 
9,544

 
—

Trading securities
788

 
788

 
—

 
—

Derivative financial instruments:
 
 
 
 
 
 
 
Foreign exchange forward contracts
3,555

 
—

 
3,555

 
—

Financial liabilities carried at fair value
 
 
 
 
 
 
 
Derivative financial instruments:
 
 
 
 
 
 
 
Foreign exchange forward contracts
689

 
—

 
689

 
—

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

 
—