Quarterly report pursuant to Section 13 or 15(d)

Supplemental disclosure for statement of cash flows

v3.19.1
Supplemental disclosure for statement of cash flows
6 Months Ended
Jan. 31, 2019
Supplemental Cash Flow Elements [Abstract]  
Cash Flow, Supplemental Disclosures [Text Block]

Note 4 - Supplemental disclosure for statement of cash flows


For the six months ended January 31, 2019 and 2018, income taxes paid by the Company were $80 and $15, respectively. 


For the six months ended January 31, 2019 and 2018, interest paid by the Company was $66 and $45, respectively.


For the six months ended January 31, 2019 and 2018, the Company did not finance any machinery or transportation equipment under installment loans. 


During the six months ended January 31, 2019, there was a total of $381 in capital lease agreements. During the six months ended January 31, 2018, the Company did not enter into any capital lease agreements.


During the three months ended January 31, 2019 certain directors and officers of the Company exercised 203,511 stock options in a non-cash transaction. The officers and directors received 23,376 net shares of common stock. The Company did not receive any proceeds from this exercise. The net shares issued represent the difference between the fair market value of the options on the date of exercise less the strike price cost to exercise the options.