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Stock Option Plans (Tables)
12 Months Ended
Jul. 31, 2013
Stock Option Plans [Abstract]  
Weighted Average Assumptions For Recognized Fair Value Of Stock-Based Employee Compensation Cost

 

 

 

 

 

 

 

2013

 

2012

 

2011

Risk - free interest rate

<0.03 - 1.7%

 

<0.11 - 1.8%

 

<0.12 - 3.1%

Expected volatility

22.5 - 29.7%

 

25.8 - 31.9%

 

25.5 - 34.7%

Expected dividend yield

1.0 - 1.4%

 

1.0% 

 

1.0% 

Expected life

 

 

 

 

 

Director original grants without reloads

8 years

 

8 years

 

8 years

Non - officer original grants

7 years

 

7 years

 

8 years

Reload grants

<5 years

 

<8 years

 

<8 years

Officer original grants without reloads

8 years

 

8 years

 

8 years

 

Stock Option Activity

 

 

 

 

 

 

 

 

Weighted

 

Options

 

Average Exercise

 

Outstanding

 

Price

Outstanding at July 31, 2010

9,543,624 

 

$

15.02 

Granted

1,103,202 

 

 

28.61 

Exercised

(2,243,502)

 

 

11.55 

Canceled

(15,330)

 

 

23.60 

Outstanding at July 31, 2011

8,387,994 

 

 

17.72 

Granted

1,082,979 

 

 

34.76 

Exercised

(1,379,827)

 

 

11.90 

Canceled

(34,819)

 

 

27.45 

Outstanding at July 31, 2012

8,056,327 

 

 

20.97 

Granted

965,050 

 

 

33.91 

Exercised

(1,607,081)

 

 

14.79 

Canceled

(84,476)

 

 

33.94 

Outstanding at July 31, 2013

7,329,820 

 

 

23.88 

 

Outstanding And Exercisable Options

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

Weighted

 

 

 

Weighted

 

 

 

 

Remaining

 

Average

 

 

 

Average

 

 

Number

 

Contractual

 

Exercise

 

Number

 

Exercise

Range of Exercise Prices

 

Outstanding

 

Life (Years)

 

Price

 

Exercisable

 

Price

$0.00 to $15.89

 

1,156,373 

 

1.26 

 

$

15.29 

 

1,156,373 

 

$

15.29 

$15.90 to $20.89

 

1,935,678 

 

3.79 

 

 

17.44 

 

1,935,678 

 

 

17.44 

$20.90 to $25.89

 

1,375,689 

 

5.73 

 

 

21.79 

 

1,375,689 

 

 

21.79 

$25.90 to $30.89

 

909,199 

 

7.36 

 

 

29.15 

 

599,727 

 

 

29.16 

$30.90 and above

 

1,952,881 

 

8.36 

 

 

34.35 

 

456,550 

 

 

34.88 

 

 

7,329,820 

 

5.42 

 

 

23.88 

 

5,524,017 

 

 

20.79 

 

Status For Options Which Contain Vesting Provisions

 

 

 

 

 

 

 

 

Weighted

 

 

 

Average Grant

 

 

 

Date Fair

 

Options

 

Value

Non - vested at July 31, 2012

1,805,397 

 

$

9.22 

Granted

850,500 

 

 

8.80 

Vested

(822,350)

 

 

8.90 

Canceled

(27,744)

 

 

8.98 

Non - vested at July 31, 2013

1,805,803 

 

 

9.18