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OTHER GAINS (LOSSES), NET
12 Months Ended
Jul. 31, 2019
Other Income and Expenses [Abstract]  
OTHER GAINS (LOSSES), NET
OTHER GAINS (LOSSES), NET
The following schedule reflects the components of "Other gains (losses), net":
 
Twelve Months Ended
July 31,
 
2019
 
2018
 
(In thousands)
Foreign currency exchange gains, net
$
337

 
$
1,055

Derecognition of accrued pricing liabilities
4,573

 

Gain, net on Trading Securities

 
1,876

Other, net
(307
)
 
(708
)
 
$
4,603

 
$
2,223


Other gains, net totaled approximately $4.6 million for the fiscal year ended July 31, 2019. During the fiscal year ended July 31, 2019, the Company recorded gains of $4.6 million from the derecognition of accrued pricing liabilities, as discussed in Note 6. The balance consists primarily of $0.3 million in net realized and unrealized foreign exchange gains, offset by $(0.3) million in other losses, net.
Other gains, net totaled approximately $2.2 million for the fiscal year ended July 31, 2018. The balance consists primarily of $1.9 million in net gains associated with the sale of publicly traded securities and $1.1 million in net realized and unrealized foreign exchange gains, offset by other gain and losses.