XML 18 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Oct. 31, 2017
Oct. 31, 2016
Income Statement [Abstract]    
Net sales $ 121,569,000 $ 135,786,000
Cost of sales 73,853,000 83,678,000
Gross profit 47,716,000 52,108,000
Expenses:    
Selling, general and administrative 28,475,000 32,685,000
Research and development 13,750,000 14,096,000
Amortization of intangibles 5,269,000 6,055,000
Total operating expenses 47,494,000 52,836,000
Operating income (loss) 222,000 (728,000)
Other expenses (income):    
Interest expense 2,588,000 3,325,000
Interest (income) and other 39,000 (2,000)
Loss before benefit from income taxes (2,405,000) (4,051,000)
Benefit from income taxes (745,000) (1,562,000)
Net loss $ (1,660,000) $ (2,489,000)
Net loss per share (See Note 4):    
Basic (in dollars per share) $ (0.07) $ (0.11)
Diluted (in dollars per share) $ (0.07) $ (0.11)
Weighted average number of common shares outstanding – basic (in shares) 23,797,000 23,385,000
Weighted average number of common and common equivalent shares outstanding – diluted (in shares) 23,797,000 23,385,000
Dividends declared per issued and outstanding common share as of the applicable dividend record date (in dollars per share) $ 0.10 $ 0.3