Subsequent Events

9 Months Ended

Apr. 30, 2011

Subsequent Events

Subsequent Events

13. SUBSEQUENT EVENTS

On June 7, 2011, the Company's Board of Directors approved the commencement of a regular quarterly dividend program and on that date authorized an annual cash dividend at a rate projected to be $0.60 per share, subject to quarterly declaration, with the first quarterly dividend of $0.15 per share declared and payable on July 18, 2011 to stockholders of record as of July 1, 2011.