Earnings Per Share (Tables)

9 Months Ended

Apr. 30, 2020

Earnings Per Share [Abstract]

Schedule of numerators and denominators used in basic and diluted EPS calculations

The following table reconciles the numerators and denominators used in the basic and diluted EPS calculations:

	Three months ended April 30,				Nine months ended April 30,
	2020			2019	2020		2019
Numerator:
Net (loss) income for basic calculation	$	(3,989,000	)	7,612,000	$	5,894,000	18,906,000
Numerator for diluted calculation	$	(3,989,000	)	7,612,000	$	5,894,000	18,906,000
Denominator:
Denominator for basic calculation	24,982,000			24,192,000	24,730,000		24,074,000
Effect of dilutive securities:
Stock-based awards	—			138,000	162,000		189,000
Denominator for diluted calculation	24,982,000			24,330,000	24,892,000		24,263,000