OTHER GAINS, NET

12 Months Ended

Jul. 31, 2020

Other Income and Expenses [Abstract]

The following schedule reflects the components of "Other gains (losses), net":



	Fiscal Year Ended July 31,
	2020		2019
	(In thousands)
Foreign currency exchange gains, net	$	890	$	337
Derecognition of accrued pricing liabilities	810		4,573
Other, net	398		(307		)
	$	2,098	$	4,603

Other gains, net totaled approximately $2.1 million for the fiscal year ended July 31, 2020. During the fiscal year ended July 31, 2020, the Company recorded gains of $0.8 million from the derecognition of accrued pricing liabilities, as discussed in Note 6 - "Accrued Expenses and Other Current Liabilities." The balance also consists of $0.9 million in net realized and unrealized foreign exchange gains, as well as $0.4 million in other gains, net.

Other gains, net totaled approximately $4.6 million for the fiscal year ended July 31, 2019. The balance consists primarily of gains of $4.6 million from the derecognition of accrued pricing liabilities and $0.3 million in net realized and unrealized foreign exchange gains, offset by other gain and losses.