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Valuation and Qualifying Accounts and Reserves
12 Months Ended
Jul. 31, 2011
Valuation and Qualifying Accounts [Abstract]  
Valuation and Qualifying Accounts and Reserves

Valuation and Qualifying Accounts and Reserves

 

Fiscal Years Ended July 31, 2011, 2010 and 2009

 

 

Column A

 

Column B

 

Column C Additions

 

Column D

 

Column E

Description

 

Balance at beginning of period

 

Charged to cost and expenses

 

Charged to other accounts - describe

 

Transfers (deductions)

- describe

 

Balance at

end of

period

Allowance for doubtful accounts -

 

 

 

 

 

 

 

 

 

 

accounts receivable:

 

 

 

 

 

 

 

 

 

 

Year ended July 31,

 

 

 

 

 

 

 

 

 

 

2011

 

$  1,127,000

 

 

               -

 

(151,000)  (B)

 

$   1,220,000

2010

 

    1,252,000

 

219,000  (A)

 

               -

 

(344,000)  (B)

 

     1,127,000

2009

 

    1,301,000

 

(864,000) (A)

 

               -

 

815,000    (B)

 

     1,252,000

 

 

 

 

 

 

 

 

 

 

 

Inventory reserves:

 

 

 

 

 

 

 

 

 

 

Year ended July 31,

 

 

 

 

 

 

 

 

 

 

2011

 

$ 13,791,000

 

4,091,000 (C)

 

              -

 

(4,566,000) (D)

 

$ 13,316,000

2010

 

   11,744,000

 

7,744,000 (C)

 

              -

 

(5,697,000) (D)

 

   13,791,000

2009

 

     8,201,000

 

5,692,000 (C)

 

              -

 

(2,149,000) (D)

 

   11,744,000

 

 

 

 

 

 

 

 

 

 

 

 

Valuation allowance for deferred

     tax assets:

 

 

 

 

 

 

 

 

 

 

Year ended July 31,

 

 

 

 

 

 

 

 

 

 

2011

 

$  1,162,000

 

            -

 

             -

 

         -

 

$  1,162,000

2010

 

    1,212,000

 

            -

 

             -

 

(50,000) (E)

 

    1,162,000

2009

 

    1,262,000

 

            -

 

             -

 

(50,000) (E)

 

    1,212,000

 

(A)Provision for (benefit from) doubtful accounts.

(B)(Write-off) recovery of uncollectible receivables.

(C)Provision for excess and obsolete inventory.

(D)Write-off of inventory.

(E)Change in valuation allowance.