CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Jan. 31, 2017	Jul. 31, 2016
Current assets
Cash and cash equivalents		$ 30,587	$ 12,428
Restricted cash		1,000
Accounts receivable
Trade, net of allowances of $118 at January 31, 2017 and $210 at July 31, 2016		35,309	33,324
Other		4,465	5,572
Inventories, net		35,870	37,401
Prepaid expenses and other		6,260	6,623
Total current assets		113,491	95,348
Property, plant and equipment, net	[1]	76,863	79,739
Goodwill		22,013	22,228
Intangible assets, net		32,542	33,906
Restricted cash			1,000
Other assets, net		5,010	4,807
Total assets		249,919	237,028
Current liabilities
Accounts payable		26,734	26,418
Accrued liabilities		10,680	11,252
Employee incentive accrual		3,150	5,999
Total current liabilities		40,564	43,669
Long-term debt		41,000	35,800
Deferred tax liabilities		9,058	9,948
Other long-term liabilities		4,450	4,422
Total liabilities		95,072	93,839
Commitments and contingencies
Stockholders’ equity
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none issued
Common stock, $0.01 par value, 40,000,000 shares authorized, 11,887,513 shares issued and outstanding at January 31, 2017 and 11,877,282 shares issued and outstanding at July 31, 2016		119	119
Additional paid-in capital		39,364	36,553
Accumulated other comprehensive loss		(14,718)	(12,047)
Retained earnings		130,082	118,564
Total stockholders’ equity		154,847	143,189
Total liabilities and stockholders’ equity		$ 249,919	$ 237,028

[1] In fiscal year 2016, as part of the Company’s ongoing review of its Milan production facilities, the Company determined that certain other facilities had excess capacity sufficient to absorb the manufacturing operations of one of its Milan plants. As a result, the Company committed to sell properties with a total estimated fair value, less costs to sell, of approximately $4.3 million at July 31, 2016 and January 31, 2017. Assets held for sale are included in prepaid expenses and other in current assets. The Company expects the sale of the properties to be completed during fiscal year 2017. The fair value measurements were based on recent valuation appraisals.