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Fair Value Measures
6 Months Ended
Jan. 31, 2019
Fair Value Disclosures [Abstract]  
Fair Value Measures NOTE 5 – 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:
 
 
January 31, 2019
 
July 31, 2018
(In thousands)
 
Fair Value Total
 
Significant Observable Inputs (Level II)
 
Fair Value Total
 
Significant Observable Inputs (Level II)
Assets
 
 
 
 
 
 
 
 
Cash equivalents
 
$
12,840

 
$
12,840

 
$
130,769

 
$
130,769

Total Assets
 
$
12,840

 
$
12,840

 
$
130,769

 
$
130,769

Liabilities
 
 
 
 
 
 
 
 
Long-term fixed rate debt, including current portion
 
$
391,961

 
$
391,961

 
$
381,230

 
$
381,320

Revolving loan facility
 
93,300

 
93,300

 

 

Total Liabilities
 
$
485,261

 
$
485,261

 
$
381,230

 
$
381,320



During the six months ended January 31, 2019, no transfers were made between any levels within the fair value hierarchy. See Note 1 – Summary of Significant Accounting Policies, and Note 3 – Long-Term Debt.