STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Jul. 31, 2015

Schedule of Stock Option Activity

A summary of option activity under the 1999 Plan, the 2010 Equity and Incentive Plan and the 2006 Equity Incentive Plan is as follows:

	2015				2014				2013
	Shares		Weighted- Average Exercise Price		Shares		Weighted- Average Exercise Price		Shares		Weighted- Average Exercise Price
Outstanding at beginning of year		5,000	$	28.23		106,313	$	31.48		732,725	$	28.89
Exercised		(5,000)		28.23		(101,313)		31.64		(498,412)		28.62
Forfeited		–		–		–		–		(120,000)		27.84
Expired		–		–		–		–		(8,000)		26.91
Granted		–		–		–		–		–		–
Outstanding at end of year		–	$	–		5,000	$	28.23		106,313	$	31.48
Vested and expected to vest at end of year		–	$	–		5,000	$	28.23		106,313	$	31.48
Exercisable at end of year		–	$	–		5,000	$	28.23		106,313	$	31.48

Schedule of Aggregate Intrinsic Value of Options

The aggregate intrinsic value of options outstanding and exercisable as of July 31, 2015, 2014 and 2013 is as follows:

	2015		2014		2013
Aggregate intrinsic value of options outstanding and expected to vest	$	–	$	124	$	2,399
Aggregate intrinsic value of options exercisable	$	–	$	124	$	2,399

Restricted Stock Awards

Summary of Stock Award Activity

A summary of restricted stock award activity under the 2010 Equity and Incentive Plan for fiscal 2015, 2014 and 2013 is as follows:

	2015				2014				2013
	Shares		Weighted- Average Grant Date  Fair Value		Shares		Weighted- Average Grant Date  Fair Value		Shares		Weighted- Average Grant Date  Fair Value
Nonvested, beginning of year		13,620	$	31.08		17,530	$	31.03		10,041	$	29.46
Granted		–		–		–		–		9,498		32.36
Vested		(3,907)		30.87		(3,910)		30.87		(2,009)		29.46
Forfeited		–		–		–		–		–		–
Nonvested, end of year		9,713	$	31.16		13,620	$	31.08		17,530	$	31.03

Restricted Stock Units (RSUs)

Summary of Stock Award Activity

A summary of restricted stock unit activity during fiscal 2015, 2014 and 2013 is included below:

	2015				2014				2013
	Restricted Stock Units		Weighted- Average Grant Date  Fair Value		Restricted Stock Units		Weighted- Average Grant Date  Fair Value		Restricted Stock Units		Weighted- Average Grant Date  Fair Value
Nonvested, beginning of year		212,073	$	49.21		139,275	$	38.06		–	$	–
Granted		162,967		50.95		151,168		54.26		143,069		38.01
Vested		(90,608)		48.14		(63,852)		38.68		–		–
Forfeited		(4,079)		50.54		(14,518)		47.26		(3,794)		36.32
Nonvested, end of year		280,353	$	50.55		212,073	$	49.21		139,275	$	38.06