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STATEMENT OF CASH FLOWS SUPPLEMENTAL INFORMATION (Tables)
12 Months Ended
Jul. 31, 2019
Supplemental Cash Flow Elements [Abstract]  
Cash and Cash Equivalents
Cash and cash equivalents consisted of the following:
 
July 31,
2019
 
July 31,
2018
 
(In thousands)
Cash and bank deposits
$
32,183

 
$
44,952

Money market funds
365

 
47,186

 
$
32,548

 
$
92,138

The amount of cash, cash equivalents and restricted cash as of July 31, 2019 and 2018 in the consolidated statements of cash flows is reconciled to the Company's consolidated balance sheets as follows:
 
July 31,
 
2019
 
2018
 
(In thousands)
Cash and cash equivalents
$
32,548

 
$
92,138

Funds held for clients
13,516

 
11,688

Cash, cash equivalents and restricted cash
$
46,064

 
$
103,826

Schedule of Restrictions on Cash and Cash Equivalents
The amount of cash, cash equivalents and restricted cash as of July 31, 2019 and 2018 in the consolidated statements of cash flows is reconciled to the Company's consolidated balance sheets as follows:
 
July 31,
 
2019
 
2018
 
(In thousands)
Cash and cash equivalents
$
32,548

 
$
92,138

Funds held for clients
13,516

 
11,688

Cash, cash equivalents and restricted cash
$
46,064

 
$
103,826



Schedule of Cash Flow, Supplemental Disclosure
Cash used for operating activities reflect cash payments for interest and income taxes as follows:
 
Years Ended July 31,
 
2019
 
2018
 
(In thousands)
Cash paid for interest
$
38,525

 
$
24,642

Cash paid for income taxes
$
5,451

 
$
2,567