Other Gains (Losses), Net

12 Months Ended

Jul. 31, 2014

Other Gains (Losses), Net

(12) OTHER GAINS (LOSSES), NET

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

	Years Ended
	July 31,
	2014			2013			2012
	(In thousands)
Derecognition of accrued pricing liabilities	$	—		$	—		$	11,811
Foreign currency exchange gain (losses)		(480	)		(2,050	)		2,948
Gain on disposal of assets		475			97			—
Other, net		(45	)		(689	)		(369	)
	$	(50	)	$	(2,642	)	$	14,390

During the fiscal years ended July 31, 2012 the Company recorded gains from the derecognition of accrued pricing liabilities of $11.8 million (see Note (8)). The Company recorded foreign exchange gains (losses) of $0.5 million, $(2.1) million and $2.9 million during the fiscal year ended July 31, 2014, 2013, and 2012, respectively. These net gains and losses related primarily to realized and unrealized gains losses from foreign currency exposures and settled transactions in the Americas, Asia and Europe.