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Fair Value Measures Fair Value Measures (Notes)
12 Months Ended
Jul. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Derivatives and Fair Value [Text Block]
10 – Fair Value Measures
The following table summarizes the fair value of the Company's financial assets and liabilities measured and recorded at fair value on a recurring basis based on inputs used to derive their fair values:
 
July 31, 2016
 
July 31, 2015
(In thousands)
Fair Value Total
 
Significant Observable Inputs
(Level II)
 
Fair Value Total
 
Significant Observable Inputs
(Level II)
Assets
 
 
 
 
 
 
 
Cash equivalents
$
8,422

 
$
8,422

 
$
2,121

 
$
2,121

Total Assets
$
8,422

 
$
8,422

 
$
2,121

 
$
2,121

Liabilities
 
 
 
 
 
 
 
Long-term variable rate debt, including current portion
$

 
$

 
$
243,750

 
$
243,750

Long-term fixed rate debt, including current portion
430,375

 
430,375

 
403,375

 
403,375

Revolving loan facility
238,000

 
238,000

 

 

Interest rate swap derivative

 

 
446

 
446

Total Liabilities
$
668,375

 
$
668,375

 
$
647,571

 
$
647,571



During the year ended July 31, 2016, no transfers were made between any levels within the fair value hierarchy. See Note 1 — Summary of Significant Accounting Policies, Note 2 — Acquisitions, Note 8 — Long-Term Debt, and Note 9 — Derivatives and Hedging.