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Fire At Bus Production Facility (Tables) | 12 Months Ended
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Jul. 31, 2011
Fire At Bus Production Facility |
Schedule Of Gain On Involuntary Conversion |
|  | Year Ended July 31, 2011 |  |  |  |  | Year Ended July 31, 2010 |  |  |  |  | Cumulative Total Since Fire |
Insurance recoveries recognized |  |  | $ 10,437 |  |  |  |  |  | $ 18,079 |  |  |  |  |  | $ 28,516 |
Deductible |  |  | – |  |  |  |  |  | (5,000) |  |  |  |  |  | (5,000) |
Work in process and raw material destroyed |  |  | – |  |  |  |  |  | (4,305) |  |  |  |  |  | (4,305) |
Property and equipment destroyed |  |  | (165) |  |  |  |  |  | (578) |  |  |  |  |  | (743) |
Clean-up and other costs |  |  | (855) |  |  |  |  |  | (603) |  |  |  |  |  | (1,458) |
Gain on Involuntary Conversion |  |  | $ 9,417 |  |  |  |  |  | $ 7,593 |  |  |  |  |  | $ 17,010 |

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