(10) OTHER GAINS (LOSSES), NET

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


	Three Months Ended January 31,						Six Months Ended January 31,
	2017			2016			2017		2016
	(In thousands)
Foreign currency exchange gain (losses)	$	29		$	(179	)	$	426	$	(753	)
Gains (losses) on Trading Securities		1,011			1,115			94		(8,348	)
Other, net		(21	)		(611	)		11		(245	)

	$	1,019		$	325		$	531	$	(9,346	)

The Company recorded foreign exchange gains (losses) of approximately $29 thousand and $(0.2) million during the three months ended January 31, 2017 and 2016, respectively. For the three months ended January 31, 2017, the net gains primarily related to realized and unrealized gains (losses) from foreign currency exposures and settled transactions of approximately $0.6 million, $(0.5) million and $(0.1) million in Corporate, Asia and Europe, respectively. For the three months ended January 31, 2016, the net losses primarily related to realized and unrealized losses from foreign currency exposures and settled transactions of approximately $0.4 million and $0.2 million in the Asia and Europe, respectively, offset by net gains of $0.4 million in Corporate.

During the three months ended January 31, 2017 and 2016, the Company recognized $1.0 million and $1.1 million in net gains associated with its Trading Securities. During the three months ended January 31, 2016, the Company recognized $0.4 million in net losses associated with short-term foreign currency contracts.

The Company recorded foreign exchange gains (losses) of approximately $0.4 million and $(0.8) million during the six months ended January 31, 2017 and 2016, respectively. For the six months ended January 31, 2017, the net gains primarily related to realized and unrealized gains (losses) from foreign currency exposures and settled transactions of approximately $1.3 million, $(0.4) million and $(0.4) million in Corporate, Asia and Europe, respectively. For the six months ended January 31, 2016, the net gains primarily related to realized and unrealized losses from foreign currency exposures and settled transactions of approximately $1.1 million and $0.5 million in the Asia and Europe, respectively, offset by net gains of $0.8 million in Corporate.

During the six months ended January 31, 2017 and 2016, the Company recognized $0.1 million and $(8.3) million in net gains (losses) associated with its Trading Securities. During the six months ended January 31, 2016, the Company recognized $0.1 million in net losses associated with short-term foreign currency contracts.