STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Jul. 31, 2014

A summary of option activity under the 1999 Plan, the 2010 Equity and Incentive Plan and the 2006 Equity Incentive Plan is as follows:


	2014				2013				2012
	Shares		Weighted- Average Exercise Price		Shares		Weighted- Average Exercise Price		Shares		Weighted- Average Exercise Price
Outstanding at beginning of year		106,313	$	31.48		732,725	$	28.89		1,433,225	$	30.90
Exercised		(101,313)		31.64		(498,412)		28.62		(80,500)		17.74
Forfeited		–		–		(120,000)		27.84		(600,000)		35.18
Expired		–		–		(8,000)		26.91		(20,000)		29.25
Granted		–		–		–		–		–		–

Outstanding at end of year		5,000	$	28.23		106,313	$	31.48		732,725	$	28.89

Vested and expected to vest at end of year		5,000	$	28.23		106,313	$	31.48		712,725	$	28.82

Exercisable at end of year		5,000	$	28.23		106,313	$	31.48		566,059	$	29.24

The aggregate intrinsic value of options outstanding and exercisable as of July 31, 2014, 2013 and 2012 is as follows:


	2014		2013		2012
Aggregate intrinsic value of options outstanding and expected to vest	$	124	$	2,399	$	966
Aggregate intrinsic value of options exercisable	$	124	$	2,399	$	738

Restricted Stock Awards

A summary of restricted stock award activity under the 2010 Equity and Incentive Plan for fiscal 2014, 2013 and 2012 is as follows:


	2014				2013				2012
	Shares		Weighted- Average Grant Date Fair Value		Shares		Weighted- Average Grant Date Fair Value		Shares		Weighted- Average Grant Date Fair Value
Nonvested, beginning of year		17,530	$	31.03		10,041	$	29.46		–	$	–
Granted		–		–		9,498		32.36		10,041		29.46
Vested		(3,910)		30.87		(2,009)		29.46		–		–
Forfeited		–		–		–		–		–		–

Nonvested, end of year		13,620	$	31.08		17,530	$	31.03		10,041	$	29.46

Restricted Stock Units (RSUs)

A summary of restricted stock unit activity during fiscal 2014 and 2013 is included below:


	2014				2013
	Restricted Stock Units		Weighted- Average Grant Date Fair Value		Restricted Stock Units		Weighted- Average Grant Date Fair Value
Nonvested, beginning of year		139,275	$	38.06		–	$	–
Granted		151,168		54.26		143,069		38.01
Vested		(63,852)		38.68		–		–
Forfeited		(14,518)		47.26		(3,794)		36.32

Nonvested, end of year		212,073	$	49.21		139,275	$	38.06