Contingent Liabilities and Commitments (Tables)

3 Months Ended

Oct. 31, 2012

Principal Commercial Commitments Under Repurchase Agreements And Guarantees

The Company’s principal commercial commitments under repurchase agreements and dealer inventory financing guarantees at October 31, 2012 are summarized in the following chart:

Commitment	Total Amount       Committed		Term of Commitments
Guarantee on dealer inventory financing	$	900	Various
Standby repurchase obligations on dealer inventory financing	$	963,211	Up to eighteen months

Losses Due To Repurchases Under Repurchase Agreements

The table below reflects losses incurred under repurchase agreements in the periods noted. Management believes that any future losses under these agreements will not have a significant effect on the Company’s consolidated financial position, results of operations or cash flows.

	Three Months Ended October 31, 2012		Three Months Ended October 31, 2011
Cost of units repurchased	$	602	$	1,700
Realization of units resold		505		1,527
Losses due to repurchase	$	97	$	173