STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Jul. 31, 2016

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:

2016

2015

2014

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

Exercised

–

–

(5,000)

28.23

(101,313)

31.64

Forfeited

–

–

–

–

–

–

Expired

–

–

–

–

–

–

Granted

–

–

–

–

–

–

Outstanding at end of year

–

$

–

–

$

–

5,000

$

28.23

Vested and expected to vest at end of year

–

$

–

–

$

–

5,000

$

28.23

Exercisable at end of year

–

$

–

–

$

–

5,000

$

28.23

Schedule of Aggregate Intrinsic Value of Options

The aggregate intrinsic value of options outstanding and exercisable as of July 31, 2016, 2015 and 2014 is as follows:

	2016		2015		2014
Aggregate intrinsic value of options outstanding and expected to vest	$	–	$	–	$	124
Aggregate intrinsic value of options exercisable	$	–	$	–	$	124

Restricted Stock Awards

Summary of Restricted Stock Award Activity

A summary of restricted stock award activity under the 2010 Equity and Incentive Plan for fiscal 2016, 2015 and 2014 is as follows:

	2016				2015				2014
	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		9,713	$	31.16		13,620	$	31.08		17,530	$	31.03
Granted		–		–		–		–		–		–
Vested		(3,907)		30.87		(3,907)		30.87		(3,910)		30.87
Forfeited		–		–		–		–		–		–
Nonvested, end of year		5,806	$	31.36		9,713	$	31.16		13,620	$	31.08

Restricted Stock Units (RSUs)

Summary of Restricted Stock Award Activity

A summary of restricted stock unit activity during fiscal 2016, 2015 and 2014 is included below:

	2016				2015				2014
	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		280,353	$	50.55		212,073	$	49.21		139,275	$	38.06
Granted		181,872		55.37		162,967		50.95		151,168		54.26
Vested		(133,758)		48.73		(90,608)		48.14		(63,852)		38.68
Forfeited		(3,331)		54.18		(4,079)		50.54		(14,518)		47.26
Nonvested, end of year		325,136	$	53.95		280,353	$	50.55		212,073	$	49.21