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ACCOUNTING POLICIES AND RELATED MATTERS (Details)
In Thousands, unless otherwise specified
12 Months Ended
Jul. 31, 2014
Jul. 31, 2013
Jul. 31, 2012
Earnings Per Share, Diluted, Other Disclosures [Abstract]      
Employee stock options and restricted stock units which were not included in the computation of diluted shares 517 957 685
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]      
Average basic shares outstanding 110,776 112,803 116,061
Effect of dilutive securities 1,173 [1] 1,433 [1] 1,602 [1]
Average diluted shares outstanding 111,949 114,236 117,663
[1] Refer to Note 15, Common Stock, for a description of the Company’s stock award types.