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Other Operating Gains, Net
9 Months Ended
Apr. 30, 2015
Other (Expense) Income, Net [Abstract]  
Other Operating Gains, Net

Note 13—Other Operating Gains, Net

 

The following table summarizes the other operating gains, net by business segment:

 

  Three Months Ended
April 30,
  Nine Months Ended
April 30,
 
  2015  2014  2015  2014 
  (in thousands) 
Telecom Platform Services-gain related to legal matters $  $  $  $650 
All Other-gain on insurance claim (a)           571 
All Other-other           67 
Corporate-loss related to settlement (b)           (79)
Total other operating gains, net $  $  $  $1,209 

 

(a) In the nine months ended April 30, 2014, the Company received proceeds from insurance of $0.6 million related to water damage to portions of the Company’s building and improvements at 520 Broad Street, Newark, New Jersey. The damage occurred in a prior period. The Company recorded a gain of $0.6 million from this insurance claim.

 

(b) In the nine months ended April 30, 2014, the Company incurred a loss of $0.1 million in connection with the June 2013 settlement of outstanding claims and disputes with the former Chief Executive Officer of Straight Path Spectrum, Inc. and his related parties.