Supplemental disclosure for statement of cash flows
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12 Months Ended |
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Jul. 31, 2014
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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, 2014, 2013, and 2012, income taxes paid by the Company approximated $44, $46, and $70 respectively. In the years ended July 31, 2014, 2013, and 2012, interest paid by the Company approximated $208, $69, and $5 respectively. During fiscal 2014 and 2013, the Company financed $392 and $365, respectively, in machinery and transportation equipment under installment loans. During fiscal 2014, the Company did not enter into any capital lease agreements. During fiscal 2013, the Company entered into a capital lease for machinery and equipment with a cost basis of $765. During fiscal 2014, the Company recorded $136 in additional paid in capital and reduced accrued liabilities by the same amount for options issued in lieu of cash payment of certain incentive compensation awards. |
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- Definition
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://www.xbrl.org/2003/role/presentationRef
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- Details
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