Related Party Transactions

12 Months Ended

Jul. 31, 2018

22.	Related Party Transactions

Assets, liabilities and expenses associated with related party transactions are summarized in the following tables.

	July 31,
	2018		2017 (Restated)
	(in thousands)
Related party assets:
Loans to minority shareholders of E&E Brazil	$	276	$	276

Related party liabilities:
Notes payable	$	---	$	85
Accounts payable		22		56
Total related party liabilities	$	22	$	141

	Fiscal Year Ended July 31,
	2018		2017 (Restated)		2016 (Restated)
	(in thousands)

Rent expense	$	234	$	251	$	250
Interest expense		2		7		15
Total related party expenses	$	236	$	258	$	265

Loans to minority shareholders of E&E Brazil consist of loans to senior managers of E&E Brazil, which were used to acquire noncontrolling financial interests in E&E Brazil. These loans are classified as long-term and are included in other assets on the consolidated balance sheets. Notes payable and interest expense relate to prior year acquisitions of minority interests of a U.S. subsidiary. Accounts payable and rent expense relate to obligations for rental of office space owned by employees of South American subsidiaries, which are also minority shareholders of the subsidiaries.