COMPREHENSIVE INCOME

9 Months Ended

Apr. 30, 2011

Comprehensive Income Note [Abstract]

NOTE 16 - COMPREHENSIVE INCOME

	Three Months Ended						Nine Months Ended
	Apr. 30, 2011			Apr. 30, 2010			Apr. 30, 2011			Apr. 30, 2010
Net earnings	$	71,069		$	69,691		$	218,142		$	186,293

Unrealized translation adjustment		62,204			(18,900	)		100,481			(31,765	)
Income taxes		3,008			(1,063	)		6,941			(762	)
Unrealized translation adjustment, net		65,212			(19,963	)		107,422			(32,527	)

Pension liability adjustment		424			–			4,956			–
Income taxes		(347	)		–			(1,823	)		–
Pension liability adjustment, net		77			–			3,133			–

Change in unrealized investment gains		1,699			625			2,259			1,856
Income taxes		(611	)		(224	)		(812	)		(390	)
Change in unrealized investment gains,
net		1,088			401			1,447			1,466

Unrealized gains on derivatives		–			275			–			536
Income taxes		–			(97	)		–			(191	)
Unrealized gains on derivatives, net		–			178			–			345

Total comprehensive income	$	137,446		$	50,307		$	330,144		$	155,577

Unrealized investment gains on available-for-sale securities, net of related income taxes, consist of the following:

	Three Months Ended						Nine Months Ended
	Apr. 30, 2011			Apr. 30, 2010			Apr. 30, 2011			Apr. 30, 2010
Unrealized gains arising during the period	$	1,699		$	788		$	2,259		$	4,735
Income taxes		(611	)		(224	)		(812	)		(390	)
Net unrealized gains arising during the
period		1,088			564			1,447			4,345
Reclassification adjustment for gains
included in net earnings		–			(163	)		–			(2,879	)
Change in unrealized investment gains,
net	$	1,088		$	401		$	1,447		$	1,466

- Definition

This label may include the following: 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains and losses on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains and losses on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealized holding gains and losses on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain or loss and net prior service cost or credit for pension plans and other postretirement benefit plans.

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