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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Oct. 31, 2016
Oct. 31, 2015
Cash flows from operating activities:    
Net (loss) income $ (2,489,000) $ 1,439,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization of property, plant and equipment 3,749,000 1,530,000
Amortization of intangible assets with finite lives 6,055,000 1,376,000
Amortization of stock-based compensation 970,000 1,051,000
Amortization of deferred financing costs 484,000 0
Loss (gain) on disposal of property, plant and equipment 1,000 (1,000)
Provision for allowance for doubtful accounts 339,000 630,000
Provision for excess and obsolete inventory 637,000 696,000
Excess income tax benefit from stock-based award exercises (50,000) (4,000)
Deferred income tax benefit (120,000) (1,641,000)
Changes in assets and liabilities:    
Accounts receivable 13,680,000 9,275,000
Inventories (4,942,000) (1,498,000)
Prepaid expenses and other current assets 473,000 1,342,000
Other assets 86,000 43,000
Accounts payable (3,348,000) (3,017,000)
Accrued expenses and other current liabilities (2,268,000) (4,069,000)
Customer advances and deposits (1,691,000) (4,106,000)
Other liabilities, non-current (420,000) 119,000
Interest payable (77,000) 0
Income taxes payable (3,446,000) 1,908,000
Net cash provided by operating activities 7,623,000 5,073,000
Cash flows from investing activities:    
Purchases of property, plant and equipment (2,075,000) (636,000)
Net cash used in investing activities (2,075,000) (636,000)
Cash flows from financing activities:    
Repayment of long-term debt under Term Loan Facility (2,212,000) 0
Net borrowings under Revolving Loan Facility 1,000,000 0
Repayment of principal amounts under capital lease obligations (943,000) 0
Cash dividends paid (7,123,000) (4,844,000)
Payment of issuance costs related to equity offering (492,000) 0
Payment of deferred financing costs (105,000) 0
Proceeds from issuance of employee stock purchase plan shares 183,000 175,000
Excess income tax benefit from stock-based award exercises 50,000 4,000
Net cash used in financing activities (9,642,000) (4,665,000)
Net decrease in cash and cash equivalents (4,094,000) (228,000)
Cash and cash equivalents at beginning of period 66,805,000 150,953,000
Cash and cash equivalents at end of period 62,711,000 150,725,000
Cash paid during the period for:    
Interest 2,849,000 0
Income taxes 2,004,000 500,000
Non-cash investing and financing activities:    
Cash dividends declared but unpaid (including accrual of dividend equivalents) 7,137,000 5,154,000
Accrued additions to property, plant and equipment 1,225,000 0
Issuance of restricted stock $ 14,000 $ 0