Inventories

12 Months Ended

Jul. 31, 2020

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consist of the following at July 31, 2020 and 2019:

	2020		2019
Raw materials and components	$	59,175,000	53,959,000
Work-in-process and finished goods	42,203,000		40,576,000
Total inventories	101,378,000		94,535,000
Less reserve for excess and obsolete inventories	19,076,000		19,696,000
Inventories, net	$	82,302,000	74,839,000

As of July 31, 2020 and 2019, the amount of inventory directly related to long-term contracts (including contracts-in-progress) was $7,215,000 and $4,053,000, respectively, and the amount of inventory related to contracts from third-party commercial customers who outsource their manufacturing to us was $1,387,000 and $1,513,000, respectively.