Cash, Cash Equivalents and Restricted Cash

6 Months Ended

Jan. 28, 2017

Cash, Cash Equivalents and Restricted Cash [Abstract]

Cash, Cash Equivalents and Restricted Cash

3.	Cash, Cash Equivalents and Restricted Cash

Cash, cash equivalents and restricted cash are summarized in the following table.

	Balance at
	January 28, 2017		July 31, 2016
	(in thousands)
Cash and cash equivalents	$	11,542	$	9,902
Restricted cash		318		259
Total cash, cash equivalents and restricted cash	$	11,860	$	10,161

The Company considers all highly liquid instruments purchased with a maturity of three months or less to be cash equivalents. The Company invests cash in excess of operating requirements in income-producing short-term investments. Money market funds of $0.2 million and $0.3 million were included in cash and cash equivalents in the table above at January 28, 2017 and July 31, 2016, respectively.

The Company is required to maintain restricted cash on deposit in Brazil as collateral for pending lawsuits.

- Definition

The entire disclosure for cash and cash equivalent footnotes, which may include the types of deposits and money market instruments, applicable carrying amounts, restricted amounts and compensating balance arrangements. Cash and equivalents include: (1) currency on hand (2) demand deposits with banks or financial institutions (3) other kinds of accounts that have the general characteristics of demand deposits (4) short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments maturing within three months from the date of acquisition qualify.

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