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Restructuring

12 Months Ended

Jul. 31, 2012

Restructuring and Related Activities [Abstract]

(19)

Restructuring

The Company relocated its corporate headquarters to Dallas, Texas in 2012. The Company recognized $2.2 million and $1.4 million for the year ended July 31, 2012 and 2011, respectively, in general and administrative expense. The Company also recognized restructuring-related costs of $1.1 million in impairment of long-lived assets and $0.8 million in yard operations expense for the year ended July 31, 2012. Restructuring-related costs for the year ended July 31, 2012 are $1.7 million for severance and $2.4 million for the costs of relocating employees to Texas. Restructuring-related costs for the year ended July 31, 2011 are $1.2 million for severance and $0.2 million for the costs of relocating employees to Texas.

				Balance at July 31, 2011 (in 000’s)				Expense (in 000’s)				Payments (in 000’s)				Balance at July 31, 2012 (in 000’s)
Severance				$	1,051				1,675				926			$	1,800

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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