Fair Value Measures

9 Months Ended

Apr. 30, 2020

Fair Value Disclosures [Abstract]

Fair Value Measures

NOTE 7 – Fair Value Measures

The following table summarizes the carrying values and fair values of financial instruments that were not carried at fair value in the consolidated balance sheets:

	April 30, 2020				July 31, 2019
(In thousands)	Fair Value Total		Significant Observable Inputs (Level II)		Fair Value Total		Significant Observable Inputs (Level II)
Assets
Cash equivalents	$	8,933	$	8,933	$	12,389	$	12,389
Total Assets	$	8,933	$	8,933	$	12,389	$	12,389
Liabilities
Long-term fixed rate debt, including current portion	$	447,908	$	447,908	$	411,510	$	411,510
Total Liabilities	$	447,908	$	447,908	$	411,510	$	411,510

During the nine months ended April 30, 2020, no transfers were made between any levels within the fair value hierarchy. See Note 1 – Summary of Significant Accounting Policies, and Note 6 – Long-Term Debt.