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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Oct. 31, 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 October 31, 2014:
 
 
Fair Value Measurements
 
 
As of Oct 31, 2014
 
Level 1
 
Level 2
 
Level 3
Financial Assets Carried at Fair Value
 
 
 
 
 
 
 
 
Money market funds
 
$
4,507

 
$
4,507

 
$

 
$

Available-for-sale securities:
 
 
 
 
 
 
 
 
Equity securities
 
3,942

 
3,942

 

 

Debt securities:
 
 
 
 
 
 
 
 
Corporate
 
29,611

 

 
29,611

 

U.S. Treasury
 
9,689

 

 
9,689

 

Federal agency
 
12,719

 

 
12,719

 

Mortgage-backed
 
11,886

 

 
11,886

 

Trading securities
 
796

 
796

 

 

Derivative financial instruments:
 
 
 
 
 
 
 
 
Foreign exchange forward contracts
 
4,835

 

 
4,835

 

Financial Liabilities Carried at Fair Value
 
 
 
 
 
 
 
 
Derivative financial instruments:
 
 
 
 
 
 
 
 
Foreign exchange forward contracts
 
1,751

 

 
1,751

 

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, 2014:
 
 
Fair Value Measurements
 
 
As of Jul 31, 2014
 
Level 1
 
Level 2
 
Level 3
Financial Assets Carried at Fair Value
 
 
 
 
 
 
 
 
Money market funds
 
$
4,860

 
$
4,860

 
$

 
$

Available-for-sale securities:
 
 
 
 
 
 
 
 
Equity securities
 
4,748

 
4,748

 

 

Debt securities:
 
 
 
 
 
 
 
 
Corporate
 
30,243

 

 
30,243

 

U.S. Treasury
 
9,724

 

 
9,724

 

Federal agency
 
13,719

 

 
13,719

 

Mortgage-backed
 
11,405

 

 
11,405

 

Trading securities
 
819

 
819

 

 

Derivative financial instruments:
 
 
 
 
 
 
 
 
Foreign exchange forward contracts
 
5,931

 

 
5,931

 

Financial Liabilities Carried at Fair Value
 
 
 
 
 
 
 
 
Derivative financial instruments:
 
 
 
 
 
 
 
 
Foreign exchange forward contracts
 
1,726

 

 
1,726