XML 67 R55.htm IDEA: XBRL DOCUMENT v3.3.1.900
Fair Value of Option Granted Valuation Assumption (Detail) - Stock Options - $ / shares
3 Months Ended 6 Months Ended
Jan. 31, 2015
Jan. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Expected option term in years [1] 5 years 3 months 22 days 5 years 3 months 22 days
Expected volatility [2] 28.20% 29.30%
Risk-free interest rate [3] 1.65% 1.82%
Expected annual dividend yield [4] 0.54% 0.56%
Weighted average grant date fair value $ 19.89 $ 19.95
[1] The expected option term was estimated using historical data.
[2] The expected volatility for each grant is determined based on the review of the average of historical daily price changes of our common stock over the expected option term.
[3] The risk-free interest rate is determined based on the yield of zero-coupon U.S. Treasury securities for a period that is commensurate with the expected term assumption.
[4] The expected annual dividend yield is calculated by dividing the expected annual dividends by the stock price on the date of grant.