DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Apr. 30, 2013

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

The key components of discontinued operations for the three and nine months ended April 30, 2013 and April 30, 2012 were as follows:

	Three Months Ended					Nine Months Ended
	Apr 30, 2013			Apr 30, 2012		Apr 30, 2013		Apr 30, 2012
Net sales	$	344		$	57,180	$	8,867	$	169,493
Earnings/(loss) from discontinued operations before income taxes	$	(1,896	)	$	11,782	$	392,425	$	39,865
Provision/(benefit) for income taxes	(690		)	3,802		146,873		11,999
Earnings/(loss) from discontinued operations, net of income taxes	$	(1,206	)	$	7,980	$	245,552	$	27,866

Included in earnings from discontinued operations before income taxes above are a (loss)/gain on the sale of the Product Line of $(545) and $396,793, respectively, for the three and nine months ended April 30, 2013.

As of July 31, 2012, the aggregate components of assets and liabilities classified as held for sale in the condensed consolidated balance sheet consisted of the following:

	Jul 31, 2012
Inventory	$	40,090
Prepaid expenses and other current assets	1,883
Total current assets	$	41,973
Property, plant and equipment	$	75,506
Goodwill	18,514
Intangible assets	524
Other non-current assets	—
Total non-current assets	$	94,544
Total assets	$	136,517
Total liabilities	$	2,643