Note 4 - Supplemental disclosure for statement of cash flows

In the years ended July 31, 2020, 2019, and 2018, interest paid by the Company approximated $266, $138 and $76, respectively.

For the year ended July 31, 2020, the net reductions in the measurement of right of use assets and liabilities included in cash flows from operating activities was approximately $884. The changes are included in changes in accrued liabilities, other current liabilities, and other liabilities in the statement of cash flows.

For the years ended July 31, 2020, 2019 and 2018, tax on capital paid by the Company was $90, $94 and $65, respectively.

During the years ended July 31, 2020 and 2019, the Company issued common stock in connection with its share-based 401(k) employer match in the amount of $839 and $832, respectively. During the year ended July 31, 2018, the Company issued common and treasury stock in connection with its share-based 401(k) employer match in the amount of $1,218. During the year ended July 31, 2020, the Company issued common stock as employee compensation in the amount of $10.

For the year ended July 31, 2020, non-cash activities related to the adoption of the new accounting standard for leases are detailed in Note 1.

During fiscal 2019, the Company entered into capital lease agreements totaling $381 and none during fiscal years 2020 or 2018.