ACQUISITIONS (Tables)

12 Months Ended

Jul. 31, 2014

ACQUISITIONS [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The preliminary purchase price, in the aggregate, is as follows:

Purchase price, including working capital adjustments	$	348,817
Cash acquired	4,463
Purchase price, net of cash acquired	344,354
Accounts receivable	23,176
Inventories	35,321
Other current assets	9,150
Property, plant and equipment	37,261
Intangible assets	124,168
Other non-current assets	6,871
Total identifiable assets acquired, net of cash acquired	235,947
Current liabilities	25,332
Non-current liabilities	17,010
Total liabilities assumed	42,342
Goodwill (excess cost over value of net assets acquired)	$	150,749