Supplemental Balance Sheet Information (Tables)

3 Months Ended

Oct. 31, 2013

Supplemental Balance Sheet Information [Abstract]

Inventories

Inventories: Inventories as of October 31, 2013 and July 31, 2013, respectively, were as follows (dollars in thousands):

	October 31,2013		July 31, 2013
Raw material and component parts	$	6,786	$	7,418
Work in progress		1,829		1,133
Finished goods		7,414		6,274
	$	16,029	$	14,825

Property and equipment

Property and Equipment: Property and equipment as of October 31, 2013 and July 31, 2013, respectively, were as follows:

	October 31, 2013		July 31, 2013
Land	$	730	$	730
Building and improvements		6,515		6,365
Machinery and equipment		8,799		8,665
Furniture and fixtures		1,040		1,058
Software		1,108		1,107
Construction in progress		275		177
		18,467		18,102
Less accumulated depreciation		9,469		9,140
	$	8,998	$	8,962

Information regarding other intangible assets

Other Intangible Assets:  Information regarding the Company’s other intangible assets as of October 31, 2013 and July 31, 2013, respectively, were as follows:

	Gross Carrying Value		Accumulated Amortization		Net
	October 31, 2013
Proprietary know-how	$	4,057	$	2,348	$	1,709
Trademark		5,940		--		5,940
Licensing agreement		5,834		2,834		3,000
Customer relationships		557		17		540
Other intangibles		427		13		414
Patents		2,350		910		1,440
	$	19,165	$	6,122	$	13,043
	July 31, 2013
Proprietary know-how	$	4,057	$	2,286	$	1,771
Trademark		5,938		--		5,938
Licensing agreement		5,834		2,766		3,068
Customer relationships		531		--		531
Other intangibles		407		--		407
Patents		2,270		859		1,411
	$	19,037	$	5,911	$	13,126

Deferred revenue

Deferred Revenue: Deferred revenue as of October 31, 2013 and July 31, 2013, respectively, consisted of the following:

	October 31, 2013		July 31, 2013
Deferred revenue – Alcon settlement	$	15,496	$	15,818
Less:  Short-term portion		1,288		1,288
Long-term portion	$	14,208	$	14,530