Annual report pursuant to Section 13 and 15(d)

Other liabilities

v3.10.0.1
Other liabilities
 12 Months Ended
Jul. 31, 2018
Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]  
Other Liabilities Disclosure [Text Block]

Note 9 - Other liabilities


At July 31 Other liabilities consist of:


    2018     2017  
Settlement   $ —     $ 410  
Capital lease obligation     351       551  
Installment loans     2       22  
    $ 353     $ 983  

The capital lease obligation and installment loans are for machinery and equipment used in the Clinical Laboratory Services segment. Amortization of the assets recorded under the capital lease is included in depreciation expense. At July 31, 2018, the accumulated amortization on the capital lease was $782 and the imputed interest rate ranges from 2.99% to 9.5%.


Future minimum lease and loan payments are as follows:   Capital lease     Installment
loans		  
2019   $ 173     $ 24  
2020     244       2  
2021     126       —  
2022     —       —  
Total payments     543       26  
Less: interest     (19 )     (1 )
Total net of interest     524       25  
Less: current portion     (173 )     (23 )
Other liabilities - net   $ 351     $ 2  

The weighted average interest rate on our short term borrowings during fiscal 2018 and 2017 was 7.2% and 7.5%, respectively.