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Condensed Consolidated Balance Sheets - USD ($)
Oct. 31, 2020
Jul. 31, 2020
Current assets:    
Cash and cash equivalents $ 32,468,000 $ 47,878,000
Accounts receivable, net 132,070,000 126,816,000
Inventories, net 81,400,000 82,302,000
Prepaid expenses and other current assets 28,609,000 20,101,000
Total current assets 274,547,000 277,097,000
Property, plant and equipment, net 26,043,000 27,037,000
Operating lease, right-of-use assets 28,340,000 30,033,000
Goodwill 331,487,000 330,519,000
Intangibles with finite lives, net 252,453,000 258,019,000
Deferred financing costs, net 2,207,000 2,391,000
Other assets, net 3,434,000 4,551,000
Total assets 918,511,000 929,647,000
Current liabilities:    
Accounts payable 25,887,000 23,423,000
Accrued expenses and other current liabilities 89,911,000 85,161,000
Operating lease liabilities, current 8,055,000 8,247,000
Dividends payable 0 2,468,000
Contract liabilities 44,229,000 40,250,000
Interest payable 1,470,000 163,000
Total current liabilities 169,552,000 159,712,000
Non-current portion of long-term debt, net 217,000,000 149,500,000
Operating lease liabilities, non-current 22,561,000 24,109,000
Income taxes payable 2,147,000 1,963,000
Deferred tax liability, net 18,143,000 17,637,000
Long-term contract liabilities 9,891,000 9,596,000
Other liabilities 19,065,000 17,831,000
Total liabilities 458,359,000 380,348,000
Commitments and contingencies (See Note 18)
Stockholders’ equity:    
Preferred stock, par value $0.10 per share; shares authorized and unissued 2,000,000 0 0
Common stock, par value $0.10 per share; authorized 100,000,000 shares; issued 40,043,753 shares and 39,924,439 shares at October 31, 2020 and July 31, 2020, respectively 4,004,000 3,992,000
Additional paid-in capital 569,422,000 569,891,000
Retained earnings 328,575,000 417,265,000
Stockholders' equity before treasury stock 902,001,000 991,148,000
Treasury stock, at cost (15,033,317 shares at October 31, 2020 and July 31, 2020) (441,849,000) (441,849,000)
Total stockholders’ equity 460,152,000 549,299,000
Total liabilities and stockholders’ equity $ 918,511,000 $ 929,647,000