(10) OTHER GAINS (LOSSES), NET

The following table reflects the components of “Other Gains (Losses), Net”:


	Three Months Ended April 30,					Nine Months Ended April 30,
	2016		2015			2016			2015
			(In thousands)
Foreign currency exchange gain (losses)	$	137	$	(84	)	$	(616	)	$	2,346
Gain on disposal of assets		1		15			973			44
Gains (losses) on Trading Securities		1,860		3,227			(6,488	)		5,328
Other, net		241		365			262			(957	)

	$	2,239	$	3,523		$	(5,869	)	$	6,761

The Company recorded foreign exchange gains (losses) of approximately $0.1 million and $(0.1) million during the three months ended April 30, 2016 and 2015, respectively. For the three months ended April 30, 2016, the net losses primarily related to realized and unrealized gains from foreign currency exposures and settled transactions of approximately $0.5 million, $0.5 million $0.1 million in the Asia, Europe and e-Business, respectively, offset by net losses of $1.1 million in Corporate. For the three months ended April 30, 2015, the net losses primarily related to realized and unrealized gains (losses) from foreign currency exposures and settled transactions of approximately $0.1 million, 0.5 million, ($0.4 million) and ($0.3 million) in the Americas, Asia, Europe and e-Business, respectively.

During the three months ended April 30, 2016 and 2015, the Company recognized $1.9 million and $3.2 million in net gains associated with its Trading Securities. During the three months ended April 30, 2016 and 2015, the Company recognized $0.2 million and $0.5 million, respectively, in net gains associated with short-term foreign currency contracts.

The Company recorded foreign exchange gains (losses) of approximately $(0.6) million and $2.3 million during the nine months ended April 30, 2016 and 2015, respectively. For the nine months ended April 30, 2016, the net gains primarily related to realized and unrealized losses from foreign currency exposures and settled transactions of approximately $0.5 million and $0.2 million in the Asia and Corporate, respectively, offset by net gains of $0.1 million in e-Business. For the nine months ended April 30, 2015, the net gains primarily related to realized and unrealized gains (losses) from foreign currency exposures and settled transactions of approximately $0.5 million, $0.4 million, $1.6 million and ($0.2 million) in the Americas, Asia, Europe and e-Business, respectively.

During the nine months ended April 30, 2016 and 2015, the Company recognized $(6.5) million and $5.3 million in net gains (losses) associated with its Trading Securities. During the nine months ended April 30, 2016 and 2015, the Company recognized $0.1 million and $(0.6) million, respectively, in net gains (losses) associated with short-term foreign currency contracts.