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Commitments

12 Months Ended

Jul. 31, 2012

5. Commitments

Operating Leases

Rent expense under operating leases was $2.0 million, $1.9 million and $2.0 million for the years ended July 31, 2012, 2011 and 2010, respectively. As of July 31, 2012, future minimum lease payments under all non-cancelable operating leases are as follows (in thousands):


2013 .	$	1,607
2014 .		1,006
2015 .		1,026
2016 .		88
Thereafter .		—

Total future minimum lease payments .	$	3,727

There is also $5.5 million in inventory and other purchase commitments which apply to fiscal year 2013.

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

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