Operating Leases

12 Months Ended

Jul. 31, 2015

Operating Leases [Abstract]

Operating Leases

Note 12. Operating Leases

The Company leases various equipment, a portion of its facilities in O’Fallon, Missouri, the facility in California and the facility in King of Prussia, Pennsylvania under operating leases.  The O’Fallon, Missouri lease expires in February 2016, the California lease expires in November 2017 and the King of Prussia, Pennsylvania lease expires in October 2015.

The approximate minimum rental commitment under non-cancelable operating leases as of July 31, 2015 is due as follows (dollars in thousands):

Year Ending July 31,	Amount
2016	$	267
2017		122
2018		67
2019		41
2020		10
	$	507

Rent expense incurred and charged to cost of sales and selling, general and administrative expenses was approximately $491,000, $457,000 and $364,000 for the years ended July 31, 2014, 2013 and 2012, respectively.