Defined Benefit Pension Plans (Tables)

12 Months Ended

Jul. 31, 2014

Aggregate Change in Benefit Obligation and Plan Assets

The aggregate change in benefit obligation and plan assets related to these plans was as follows:

	July 31,
	2014			2013
	(In thousands)
Change in benefit obligation
Benefit obligation at beginning of year	$	20,095		$	17,159
Service cost		521			644
Interest cost		743			728
Actuarial (gain) loss		5,291			2,564
Employee contributions		182			296
Amendments		(187	)		—
Benefits and administrative expenses paid		(445	)		(260	)
Adjustments		310			—
Effect of curtailment		(371	)		(2,258	)
Currency translation		187			1,222
Benefit obligation at end of year		26,326			20,095
Change in plan assets
Fair value of plan assets at beginning of year		16,498			14,151
Actual return on plan assets		5,316			172
Employee contributions		175			296
Employer contributions		844			1,079
Benefits and administrative expenses paid		(445	)		(260	)
Currency translation		155			1,060
Fair value of plan assets at end of year		22,543			16,498
Funded status
Assets		—			—
Current liability		—			(1	)
Noncurrent liability		(3,783	)		(3,596	)
Net amount recognized in statement of financial position as a noncurrent asset (liability)	$	(3,783	)	$	(3,597	)

Information for Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Assets

Information for pension plans with an accumulated benefit obligation in excess of plan assets was as follows:

	July 31,
	2014		2013
	(In thousands)
Projected benefit obligation	$	24,352	$	18,664
Accumulated benefit obligation	$	21,675	$	16,454
Fair value of plan assets	$	21,425	$	15,423

Components of Net Periodic Pension Cost

Components of net periodic pension cost were as follows:

	Years Ended
	July 31,
	2014			2013			2012
	(In thousands)
Service cost	$	521		$	644		$	368
Interest costs		743			728			589
Expected return on plan assets		(577	)		(538	)		(473	)
Amortization of net actuarial (gain) loss		62			38			(88	)
Curtailment gain		—			(504	)		—
Net periodic pension costs	$	749		$	368		$	396

Weighted Average Assumptions Used to Determine Benefit Obligations and Net Periodic Pension Cost

Weighted-average assumptions used to determine benefit obligations was as follows:

	July 31,
	2014			2013			2012
Discount rate		2.95	%		3.61	%		3.95	%
Rate of compensation increase		2.05	%		2.07	%		2.12	%

Weighted-average assumptions used to determine net periodic pension cost was as follows:

	Years Ended July 31,
	2014			2013			2012
Discount rate		3.73	%		4.13	%		5.50	%
Expected long-term rate of return on plan assets		3.54	%		3.43	%		3.34	%
Rate of compensation increase		2.01	%		2.05	%		2.00	%

Summary of Expected Benefit Payments from the Plans through Fiscal 2023

The following table summarizes expected benefit payments from the plans through fiscal year 2023.  

	Pension
	Benefit
	Payments
	(in thousands)
For the fiscal years ended July 31:
2015		102
2016		123
2017		164
2018		185
2019		214
Next 5 years		1,588