STOCKHOLDERS' EQUITY |
6 Months Ended | |
|---|---|---|
Jan. 31, 2016 | ||
| Stockholders' Equity Note [Abstract] | ||
| Stockholders' Equity Note Disclosure [Text Block] | NOTE 5 – STOCKHOLDERS’ EQUITY (in thousands, except per share amounts) The Company has 5,000 shares of preferred stock authorized at $0.01 par value. No preferred shares were issued or outstanding as of January 31, 2016. On March 9, 2010, the Company announced a $2,000 stock repurchase program. The program authorizes the repurchase of shares in open market purchases or privately negotiated transactions, has no expiration date and may be modified or discontinued by the Board of Directors at any time. During the six-month period ended January 31, 2016, the Company repurchased 6 shares of common stock for $20. During the six-month period ended January 31, 2015, the Company repurchased 14 shares of common stock for $42. |