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Property and Equipment
12 Months Ended
Jul. 31, 2014
Property and Equipment
5. Property and Equipment

Depreciation expense for the eight months ended March 23, 2013 was $0.93 million.

The Company owns approximately 102 acres of land in Tyngsborough, Massachusetts. This land was recorded at its estimated realizable value of $2.5 million as of July 31, 2014. For additional information concerning this land, see Note 1. “Description of Business.”