Fair Value (Tables)

12 Months Ended

Jul. 31, 2013

Fair Value [Abstract]

Fair Value Of Outstanding Derivatives In Consolidated Balance Sheets

	Significant Other Observable Inputs
	(Level 2)*
	At July 31,
	2013		2012
		(thousands of dollars)
Asset derivatives recorded under the caption Prepaids and other current assets
Foreign exchange contracts	$	734	$	526
Liability derivatives recorded under the caption Other current liabilities
Foreign exchange contracts		(845)		(1,424)
Forward exchange contracts - net liablity position	$	(111)	$	(898)

*Inputs to the valuation methodology of level 2 assets include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in inactive markets; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data by correlation or other means.