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Comprehensive Income
3 Months Ended
Oct. 31, 2011
Comprehensive Income [Abstract]  
Comprehensive Income

NOTE 8 - Comprehensive Income

 

The following table reconciles net income to comprehensive income (in thousands):

 

  Three Months Ended October 31,
  2011   2010
Net income, as reported $41,149   $37,823
Other comprehensive income:      
Cash flow hedge (614)   -
Foreign currency translation adjustments, net of tax effects (3,500)   4,258
Comprehensive income $37,035   $42,081