Leases (Tables)

3 Months Ended

Oct. 31, 2020

Leases [Abstract]

Components of lease expense and additional information

The components of lease expense are as follows:

	Three months ended October 31,
	2020		2019
Finance lease expense:
Amortization of ROU assets	$	12,000	108,000
Interest on lease liabilities	1,000		2,000
Operating lease expense	2,488,000		2,637,000
Short-term lease expense	247,000		863,000
Variable lease expense	964,000		993,000
Sublease income	(17,000)		—
Total lease expense	$	3,695,000	4,603,000

Additional information related to leases is as follows:

	Three months ended October 31,
	2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating leases - Operating cash outflows	$	2,543,000	2,843,000
Finance leases - Operating cash outflows	1,000		2,000
Finance leases - Financing cash outflows	12,000		198,000
ROU assets obtained in the exchange for lease liabilities (non-cash):
Operating leases	$	478,000	598,000

Future cash flows relating to operating lease liabilities

The following table is a reconciliation of future cash flows relating to operating and financing lease liabilities presented on our Condensed Consolidated Balance Sheet as of October 31, 2020:

	Operating		Finance	Total
Remainder of fiscal 2021	$	6,915,000	23,000	$	6,938,000
Fiscal 2022	8,056,000		16,000	8,072,000
Fiscal 2023	6,327,000		5,000	6,332,000
Fiscal 2024	4,982,000		—	4,982,000
Fiscal 2025	4,319,000		—	4,319,000
Thereafter	2,807,000		—	2,807,000
Total future undiscounted cash flows	33,406,000		44,000	33,450,000
Less: Present value discount	2,790,000		2,000	2,792,000
Lease liabilities	$	30,616,000	42,000	$	30,658,000
Weighted-average remaining lease terms (in years)	4.39		2.00
Weighted-average discount rate	4.04%		6.34%

Future minimum lease payments for finance lease liabilities

The following table is a reconciliation of future cash flows relating to operating and financing lease liabilities presented on our Condensed Consolidated Balance Sheet as of October 31, 2020:

	Operating		Finance	Total
Remainder of fiscal 2021	$	6,915,000	23,000	$	6,938,000
Fiscal 2022	8,056,000		16,000	8,072,000
Fiscal 2023	6,327,000		5,000	6,332,000
Fiscal 2024	4,982,000		—	4,982,000
Fiscal 2025	4,319,000		—	4,319,000
Thereafter	2,807,000		—	2,807,000
Total future undiscounted cash flows	33,406,000		44,000	33,450,000
Less: Present value discount	2,790,000		2,000	2,792,000
Lease liabilities	$	30,616,000	42,000	$	30,658,000
Weighted-average remaining lease terms (in years)	4.39		2.00
Weighted-average discount rate	4.04%		6.34%