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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Apr. 30, 2020
Jul. 31, 2019
Assets    
Cash and cash equivalents $ 115,766 $ 44,535
Accounts receivable, net of allowance for doubtful accounts of $3,077 and $2,322 147,558 146,910
Inventories, net 185,493 138,234
Prepaid expenses and other current assets 21,790 20,920
Income taxes receivable 15,422 1,197
Total current assets 486,029 351,796
Property and equipment, net 224,233 185,242
Right-of-use assets, net 50,005  
Intangible assets, net 486,325 141,513
Goodwill 653,626 378,109
Other long-term assets 6,722 9,425
Deferred income taxes 5,432 4,281
Total assets 1,912,372 1,070,366
Liabilities and stockholders’ equity    
Accounts payable 52,986 39,450
Compensation payable 32,520 32,762
Accrued expenses 37,564 38,545
Deferred revenue 26,884 27,840
Current portion of long-term debt 31,414 10,000
Income taxes payable 6,298 2,803
Current portion of lease liabilities 10,269  
Total current liabilities 197,935 151,400
Long-term debt 944,011 220,851
Deferred income taxes 27,607 29,278
Long-term lease liabilities 41,701  
Other long-term liabilities 12,649 7,300
Total liabilities 1,223,903 408,829
Commitments and contingencies (Note 12)
Preferred Stock, par value $1.00 per share; authorized 1,000,000 shares; none issued 0 0
Common Stock, par value $0.10 per share; authorized 75,000,000 shares; issued 47,229,396 shares and outstanding 42,145,737 shares at April 30, 2020; issued 46,362,902 shares and outstanding 41,771,228 shares at July 31, 2019 4,679 4,636
Additional paid-in capital 240,625 204,795
Retained earnings 553,917 539,097
Accumulated other comprehensive loss (42,092) (22,197)
Treasury Stock; 4,645,300 shares at April 30, 2020; 4,591,674 shares at July 31, 2019 (68,660) (64,794)
Total stockholders’ equity 688,469 661,537
Total liabilities and stockholders’ equity $ 1,912,372 $ 1,070,366