Supplemental disclosure for statement of cash flows
|12 Months Ended|
Jul. 31, 2018
|Supplemental Cash Flow Elements [Abstract]|
|Cash Flow, Supplemental Disclosures [Text Block]||
Note 3 - Supplemental disclosure for statement of cash flows
In the years ended July 31, 2018, 2017, and 2016, income taxes paid by the Company approximated $65, $1,021, and $279 respectively.
In the years ended July 31, 2018, 2017, and 2016, interest paid by the Company approximated $76, $119, and $121 respectively.
During fiscal 2018, 2017 and 2016, the Company financed $0, $69 and $95, respectively, in machinery and transportation equipment under installment loans.
During fiscal 2018 and 2017, the Company did not enter into any capital lease agreements. During fiscal 2016, the Company entered into capital lease agreements for machinery and equipment with a cost basis of $1,280.
The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef