Other liabilities

12 Months Ended

Jul. 31, 2014

Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]

Other Liabilities Disclosure [Text Block]

Note 9 - Other liabilities

At July 31 Other liabilities consist of:

	2014		2013
Accrued legal settlement – see Note 14	$	1,600		—
Capital lease obligation	$	344	$	505
Installment loans		369		269
	$	2,313	$	774

The capital lease obligation and installment loans are for machinery and equipment used in the Clinical Labs segment. Amortization of the asset recorded under the capital lease is included in depreciation expense. At July 31, 2014, the accumulated amortization on the capital lease was $330.

Future minimum lease and loan payments are as follows:

	Capital lease			Installment loans
2015		149			241
2016		200			200
2017		191			160
2018		—			9
Total payments		540			610
Less: imputed interest		(47	)		—
Payments net of interest		493			610
Less: current portion		(149	)		(241	)
Other liabilities - net	$	344		$	369

The weighted average interest rate on our short term borrowings during fiscal 2014 was 2.87%. The weighted average interest rate on our short term borrowings during fiscal 2013 was 4.5%.