Discontinued Operations

12 Months Ended

Jul. 31, 2012

Discontinued Operations [Abstract]

Discontinued Operations

Note 2.  Discontinued Operations

In September 2011, the Company adopted a plan to close its plastic injection molding operations and has transitioned this production to an outside vendor.  During the Company's first quarter of fiscal 2012, substantially all operational activities of this unit were discontinued and the Company classified them as discontinued operations.  The Company completed the sale of these assets prior to the end of its fiscal second quarter.  The assets included in the disposal group were primarily equipment.  The following table summarizes the results of the discontinued operations fiscal years ended July 31, 2012, 2011 and 2010 (dollars in thousands):

	Year Ended July 31
	2012			2011			2010
Net Sales	$	23		$	188		$	65
Operating costs		(191	)		(248	)		(116	)
Impairment, restructuring and other charges		(253	)		--			--
Write-off of goodwill		(29	)		--			--
Loss on sale of fixed assets		(125	)		--			--
Loss from discontinued operations before benefit for income taxes		(575	)		(60	)		(51	)
Income tax benefit		193			24			17
Loss from discontinued operations	$	(382	)	$	(36	)	$	(34	)