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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jan. 31, 2016
Jan. 31, 2015
Operating activities    
Net income $ 9,240 $ 83,111
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 10,025 8,845
Deferred income taxes 4,708 2,441
Provision for doubtful accounts receivable $ 486 35
Gain on sale of interest in Fabrix Systems Ltd. (75,629)
Realized (gain) loss on marketable securities $ (543) 54
Interest in the equity of investments (79) (1,459)
Stock-based compensation 1,644 3,020
Change in assets and liabilities:    
Restricted cash and cash equivalents (5,360) (7,912)
Trade accounts receivable (1,366) 3,285
Prepaid expenses, other current assets and other assets 7,644 5,787
Trade accounts payable, accrued expenses, other current liabilities and other liabilities (10,814) (7,478)
Customer deposits 8,200 8,193
Income taxes payable 159 (292)
Deferred revenue 1,202 (1,047)
Net cash provided by operating activities 25,146 20,954
Investing activities    
Capital expenditures (9,223) (13,946)
Proceeds from sale of interest in Fabrix Systems Ltd., net of cash and cash equivalents sold. 4,769 36,039
Purchase of investments (350) (125)
Proceeds from sale and redemption of investments 626 43
Purchases of marketable securities (24,480) (18,382)
Proceeds from maturities and sales of marketable securities 18,720 12,104
Net cash (used in) provided by investing activities (9,938) 15,733
Financing activities    
Dividends paid (8,626) (38,891)
Distributions to noncontrolling interests $ (1,220) (750)
Proceeds from exercise of stock options. 2,896
Repayments of revolving credit loan payable and other borrowings $ (6,353) (13,132)
Repurchases of Class B common stock (4,773) (703)
Net cash used in financing activities (20,972) (50,580)
Effect of exchange rate changes on cash and cash equivalents (5,083) (6,789)
Net (decrease) increase in cash and cash equivalents (10,847) (20,682)
Cash and cash equivalents at beginning of period 110,361 153,823
Cash and cash equivalents at end of period $ 99,514 133,141
Supplemental schedule of non-cash investing and financing activities    
Net liabilities excluding cash and cash equivalents of Fabrix Systems Ltd. sold $ 14,333