OTHER GAINS (LOSSES), NET

3 Months Ended

Oct. 31, 2012

OTHER GAINS (LOSSES), NET

(7) OTHER GAINS (LOSSES), NET

The following table reflects the components of “Other gains (losses), net”:

	Three Months Ended October 31,
	2012			2011
Foreign currency exchange gain (losses)	$	(1,026	)	$	1,197
Gain (loss) on disposal of assets		(4	)		25
Other, net		(289	)		3
	$	(1,319	)	$	1,225

The Company recorded foreign exchange losses of approximately $1.0 million during the three months ended October 31, 2012. These net losses primarily related to realized and unrealized losses from foreign currency exposures and settled transactions of approximately $1.3 million and $0.5 million in Europe and Asia, respectively, offset by realized and unrealized gains of approximately $0.8 million in the Americas.

The Company recorded foreign exchange gains of approximately $1.2 million during the three months ended October 31, 2011. These net gains primarily related to realized and unrealized gains from foreign currency exposures and settled transactions of approximately $0.1 million, $0.3 million and $0.8 million in the Americas, Asia and Europe, respectively.