SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jul. 31, 2016

Summary of Allowance for Doubtful Accounts Activity

A summary of allowance for doubtful accounts activity is as follows:

	2016		2015		2014
Beginning balance	$	1,283	$	348	$	157
Net recorded expense (income)		(9)		359		63
Write-offs, net of recoveries/payments		(679)		(67)		(72)
Acquisitions		30		643		200
Ending balance	$	625	$	1,283	$	348

Schedule of Difference Between Basic and Diluted EPS as Result of Outstanding Stock Options, Unvested Restricted Stock and Restricted Stock Units

The difference between basic EPS and diluted EPS is the result of outstanding stock options, unvested restricted stock and restricted stock units as follows:

	2016		2015		2014
Weighted-average shares outstanding for basic earnings per share		52,458,789		53,166,206		53,270,076
Stock options, unvested restricted stock and restricted stock units		131,727		109,304		91,614
Weighted-average shares outstanding assuming dilution		52,590,516		53,275,510		53,361,690