OTHER GAINS (LOSSES), NET

3 Months Ended

Oct. 31, 2018

OTHER GAINS (LOSSES), NET

(11) OTHER GAINS (LOSSES), NET

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

	Three Months Ended
	October 31,
	2018		2017
	(In thousands)
Foreign currency exchange gains (losses)	$	916	$	(635	)
Gains, net on Trading Securities		—		1,876
Other, net		28		181
	$	944	$	1,422

The Company recorded foreign exchange gains of approximately $0.9 million during the three months ended October 31, 2018. For the three months ended October 31, 2018, the net gains primarily related to realized and unrealized gains (losses) from foreign currency exposures and settled transactions of approximately $0.4 million, $(1.0) million and $1.7 million in Asia, Europe, and Corporate, respectively. The Company recorded foreign exchange losses of approximately $(0.6) million during the three months ended October 31, 2017. For the three months ended October 31, 2017, the net losses primarily related to realized and unrealized losses from foreign currency exposures and settled transactions of approximately $(0.4) million and $(0.3) million in Asia and Europe, respectively.

During the three months ended October 31, 2017, the Company recognized $1.9 million in net gains associated with its trading securities.