DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Jul. 31, 2014

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, 2014, July 31, 2013 and July 31, 2012 were as follows:



	2014		2013		2012
Net sales	$	—	$	8,975	$	230,826

Earnings from discontinued operations before income taxes	$	—	$	390,058	$	55,684
Provision for income taxes	—		145,085		17,322
Earnings from discontinued operations, net of income taxes	$	—	$	244,973	$	38,362

- 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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