FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Jul. 31, 2011

Fair Value Measurements (Tables) [Abstract]

Schedule of financial assets and liabilities that are measured at fair value on a recurring basis

Schedule of financial assets and liabilities that are measured at fair value on a recurring basis

				Fair Value Measurements
	As of
	Jul. 31, 2011		Level 1		Level 2		Level 3
Financial assets carried at fair value
Money market funds	$	4,575	$	4,575	$	–	$	–
Available-for-sale securities:
Equity securities		12,064		12,064				–
Debt securities:
Corporate		38,505		–		38,505		–
U.S. Treasury		10,210		–		10,210		–
Other U.S. government		29,089		–		29,089		–
Municipal government		1,002		–		1,002		–
CMO/mortgage-backed		186		–		186		–
Derivative financial instruments:
Foreign exchange forward contracts		1,456		–		1,456		–
Financial liabilities carried at fair value
Derivative financial instruments:
Foreign exchange forward contracts		478		–		478		–

 

The following table presents, for each of these hierarchy levels, the Company’s financial assets and liabilities that are measured at fair value as of July 31, 2010:

				Fair Value Measurements
	As of
	Jul. 31, 2010		Level 1		Level 2		Level 3
Financial assets carried at fair value
Money market funds	$	5,034	$	5,034	$	–	$	–
Available-for-sale securities:
Equity securities		5,224		5,224		–		–
Debt securities:
Corporate		27,676		–		27,676		–
U.S. Treasury		19,209		–		19,209		–
Other U.S. government		20,163		–		20,163		–
Municipal government		1,001		–		1,001		–
CMO/mortgage-backed		256		–		256		–
Derivative financial instruments:
Foreign exchange forward contracts		2,166		–		2,166		–
Financial liabilities carried at fair value
Derivative financial instruments:
Foreign exchange forward contracts		555		–		555		–