Inventories

6 Months Ended

Jan. 31, 2021

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consist of the following at:

	January 31, 2021		July 31, 2020
Raw materials and components	$	62,194,000	59,175,000
Work-in-process and finished goods	39,569,000		42,203,000
Total inventories	101,763,000		101,378,000
Less reserve for excess and obsolete inventories	20,133,000		19,076,000
Inventories, net	$	81,630,000	82,302,000

As of January 31, 2021 and July 31, 2020, the amount of inventory directly related to long-term contracts (including contracts-in-progress) was $5,535,000 and $7,215,000, respectively, and the amount of inventory related to contracts from third-party commercial customers who outsource their manufacturing to us was $1,597,000 and $1,387,000, respectively.