Stock Based Compensation (Tables)

6 Months Ended

Jan. 31, 2013

Summary of Share-Based Compensation Activity

Activity in the Company’s stock option plans since July 31, 2012 is as follows:

	Shares Available for Grant		Options Outstanding			Weighted Average Exercise Price
Options at August 1, 2012		307,344		68,933		$	11.19
Granted		—		—			—
Exercised		—		—			—
Cancelled		—		(800	)		1.40
Options at January 31, 2013		307,344		68,133		$	11.30