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ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
3 Months Ended
Oct. 31, 2020
Payables and Accruals [Abstract]  
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
The following tables reflect the components of "Accrued expenses" and "Other current liabilities":
October 31,
2020
July 31,
2020
Accrued Expenses(In thousands)
Accrued taxes$62,207 $60,744 
Accrued compensation25,791 25,439 
Accrued worker's compensation3,949 3,949 
Accrued audit, tax and legal2,917 3,399 
Accrued contract labor1,105 981 
Accrued interest2,516 476 
Accrued other18,509 16,392 
$116,994 $111,380 
October 31,
2020
July 31,
2020
Other Current Liabilities(In thousands)
Accrued pricing liabilities$13,499 $13,499 
Customer postage deposits9,160 8,551 
Other6,529 7,900 
$29,188 $29,950 
As of October 31, 2020 and July 31, 2020, the Company had accrued taxes of $62.2 million and $60.7 million, respectively, which reflected the Company's estimate for certain tax related liabilities. As of both October 31, 2020 and July 31, 2020, the Company had accrued pricing liabilities of approximately $13.5 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, 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 or any 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 as of October 31, 2020 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.