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ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Tables)
3 Months Ended
Oct. 31, 2014
Accumulated Other Comprehensive Income/(Loss) [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Changes in accumulated other comprehensive income by component are presented below:
 
 
Foreign Currency Translation
 
Defined Benefit Pension Plan
 
Unrealized Investment Gains/(Losses)
 
Unrealized Gains/(Losses) on Derivatives
 
Accumulated Other Comprehensive Income/(Loss)
Balance at July 31, 2014
 
$
98,689

 
$
(121,280
)
 
$
2,880

 
$
4,790

 
$
(14,921
)
Other comprehensive income/(loss) before reclassifications
 
(81,297
)
 

 
(621
)
 
288

 
(81,630
)
Amounts reclassified from accumulated other comprehensive income (loss)
 

 
1,892

 
(11
)
 
(1,504
)
 
377

Foreign exchange adjustments and other
 

 
4,460

 

 

 
4,460

Balance at October 31, 2014
 
$
17,392

 
$
(114,928
)
 
$
2,248

 
$
3,574

 
$
(91,714
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign Currency Translation
 
Defined Benefit Pension Plan
 
Unrealized Investment Gains/(Losses)
 
Unrealized Gains/(Losses) on Derivatives
 
Accumulated Other Comprehensive Income/(Loss)
Balance at July 31, 2013
 
$
84,598

 
$
(125,211
)
 
$
2,123

 
$
(2,302
)
 
$
(40,792
)
Other comprehensive income/(loss) before reclassifications
 
43,227

 

 
(119
)
 
1,648

 
44,756

Amounts reclassified from accumulated other comprehensive income (loss)
 

 
2,149

 
37

 
807

 
2,993

Foreign exchange adjustments and other
 

 
(2,743
)
 

 

 
(2,743
)
Balance at October 31, 2013
 
$
127,825

 
$
(125,805
)
 
$
2,041

 
$
153

 
$
4,214

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
Reclassifications out of accumulated other comprehensive income are presented below:
 
 
Three Months Ended
 
Affected Line Item in the Condensed Consolidated Statement of Earnings
 
 
Oct 31, 2014
 
Oct 31, 2013
 
Defined benefit pension plan:
 
 
 
 
 
 
Amortization of prior service cost
 
$
(366
)
 
$
(384
)
 
Note (a)
Recognized actuarial gain/(loss)
 
(2,393
)
 
(2,730
)
 
Note (a)
Total before tax
 
(2,759
)
 
(3,114
)
 
 
Tax (expense)/benefit
 
867

 
965

 
 
Net of tax
 
$
(1,892
)
 
$
(2,149
)
 
 
Unrealized investment gains/(losses):
 
 
 
 
 
 
Realized investment gain/(losses)
 
$
17

 
$
(57
)
 
Selling, general and administrative
Tax (expense)/benefit
 
(6
)
 
20

 
 
Net of tax
 
$
11

 
$
(37
)
 
 
Unrealized gains/(losses) on derivatives:
 
 
 
 
 
 
Foreign exchange forward contracts
 
$
560

 
$
(1
)
 
Sales
Foreign exchange forward contracts
 
1,091

 
(820
)
 
Cost of sales
Total before tax
 
1,651

 
(821
)
 
 
Tax (expense)/benefit
 
(147
)
 
14

 
 
Net of tax
 
$
1,504

 
$
(807
)
 
 
(a)
These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 8, Components of Net Periodic Pension Cost, for additional details).