(7) ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

The following table reflects the components of “Accrued expenses” and “Other current liabilities”:


	October 31,		July 31,
	2018		2018
	(In thousands)
Accrued sales taxes	$	21,418	$	21,390
Accrued other taxes		7,318		8,414
Accrued compensation		21,947		25,603
Accrued interest		450		1,437
Accrued audit, tax and legal		2,829		3,264
Accrued contract labor		3,773		1,932
Accrued worker’s compensation		6,148		6,126
Accrued other		21,046		20,164

	$	84,929	$	88,330


	October 31,		July 31,
	2018		2018
	(In thousands)
Accrued pricing liabilities	$	18,882	$	18,882
Customer postage deposits		11,006		12,638
Other		8,520		10,605

	$	38,408	$	42,125

As of October 31, 2018 and July 31, 2018, the Company had accrued pricing liabilities of approximately $18.9 million. As previously reported by the Company, several principal adjustments were made to its historic financial statements for periods ending on or before January 31, 2012, the most significant of which related to the treatment of vendor rebates in its pricing policies. Where the retention of a rebate or a mark-up was determined to have been inconsistent with a client contract (collectively referred to as “pricing adjustments”), the Company concluded that these amounts were not properly recorded as revenue. Accordingly, revenue was reduced by an equivalent amount for the period that the rebate was estimated to have been affected. A corresponding liability for the same amount was recorded in that period (referred to as accrued pricing liabilities). The Company believes that it may not ultimately be required to pay all of the accrued pricing liabilities based upon the expiration of statutes of limitations, and due in part to the nature of the interactions with its clients. The remaining accrued pricing liabilities at October 31, 2018 will be derecognized when there is sufficient information for the Company to conclude that such liabilities are not subject to escheatment and have been extinguished, which may occur through payment, legal release, or other legal or factual determination. The Company has not provided for any provision for interest and or penalties related to escheatment as it has concluded that such is not probable to occur and any potential interest and penalties cannot be reasonably estimated.