CONTINGENT LIABILITIES AND COMMITMENTS (Tables)

12 Months Ended

Jul. 31, 2016

Losses Due to Repurchases Related to Repurchase Agreements

The following table reflects losses incurred related to repurchase agreements that were settled in the past three fiscal years. The Company 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.

	2016		2015		2014
Cost of units repurchased	$	4,650	$	7,171	$	1,386
Realization of units resold		3,832		5,906		1,098
Losses due to repurchase	$	818	$	1,265	$	288