Segment Information (Tables)

6 Months Ended

Jan. 31, 2021

Segment Reporting [Abstract]

Segment Information

Operating segment information, along with a reconciliation of segment net income and consolidated net (loss) income to Adjusted EBITDA is presented in the tables below:

	Three months ended January 31, 2021
	Commercial Solutions		Government Solutions	Unallocated	Total
Net sales	$	87,825,000	73,467,000	—	$	161,292,000
Operating income (loss)	$	9,371,000	5,460,000	(9,429,000)	$	5,402,000
Net income (loss)	$	9,283,000	5,695,000	(10,773,000)	$	4,205,000
Provision for (benefit from) income taxes	217,000		(286,000)	(86,000)	(155,000)
Interest (income) and other	(129,000)		47,000	16,000	(66,000)
Interest expense	—		4,000	1,414,000	1,418,000
Amortization of stock-based compensation	—		—	1,287,000	1,287,000
Amortization of intangibles	4,286,000		509,000	—	4,795,000
Depreciation	1,934,000		443,000	80,000	2,457,000
Acquisition plan expenses	—		—	3,357,000	3,357,000
Restructuring costs	601,000		—	—	601,000
COVID-19 related costs	—		160,000	—	160,000
Adjusted EBITDA	$	16,192,000	6,572,000	(4,705,000)	$	18,059,000
Purchases of property, plant and equipment	$	1,575,000	1,221,000	—	$	2,796,000
Total assets at January 31, 2021	$	672,209,000	240,618,000	33,768,000	$	946,595,000

	Three months ended January 31, 2020
	Commercial Solutions		Government Solutions	Unallocated	Total
Net sales	$	96,122,000	65,532,000	—	$	161,654,000
Operating income (loss)	$	12,619,000	5,003,000	(11,388,000)	$	6,234,000
Net income (loss)	$	12,702,000	5,016,000	(14,223,000)	$	3,495,000
(Benefit from) provision for income taxes	(112,000)		—	1,229,000	1,117,000
Interest (income) and other	20,000		(13,000)	(1,000)	6,000
Interest expense	9,000		—	1,607,000	1,616,000
Amortization of stock-based compensation	—		—	1,238,000	1,238,000
Amortization of intangibles	4,362,000		867,000	—	5,229,000
Depreciation	2,183,000		312,000	226,000	2,721,000
Estimated contract settlement costs	(262,000)		—	—	(262,000)
Acquisition plan expenses	—		—	6,025,000	6,025,000
Adjusted EBITDA	$	18,902,000	6,182,000	(3,899,000)	$	21,185,000
Purchases of property, plant and equipment	$	915,000	201,000	142,000	$	1,258,000
Long-lived assets acquired in connection with acquisitions	$	—	31,131,000	—	$	31,131,000
Total assets at January 31, 2020	$	672,336,000	233,221,000	44,385,000	$	949,942,000

	Six months ended January 31, 2021
	Commercial Solutions		Government Solutions	Unallocated	Total
Net sales	$	169,627,000	126,883,000	—	$	296,510,000
Operating income (loss)	$	18,121,000	8,045,000	(106,480,000)	$	(80,314,000)
Net income (loss)	$	17,598,000	8,386,000	(107,619,000)	$	(81,635,000)
Provision for (benefit from) income taxes	556,000		(412,000)	(2,538,000)	(2,394,000)
Interest (income) and other	(33,000)		7,000	26,000	—
Interest expense	—		64,000	3,651,000	3,715,000
Amortization of stock-based compensation	—		—	1,986,000	1,986,000
Amortization of intangibles	8,573,000		1,788,000	—	10,361,000
Depreciation	3,930,000		846,000	233,000	5,009,000
Acquisition plan expenses	(1,052,000)		—	95,592,000	94,540,000
Restructuring costs	601,000		—		601,000
COVID-19 related costs	—		160,000	—	160,000
Adjusted EBITDA	$	30,173,000	10,839,000	(8,669,000)	$	32,343,000
Purchases of property, plant and equipment	$	1,964,000	1,642,000	80,000	$	3,686,000
Total assets at January 31, 2021	$	672,209,000	240,618,000	33,768,000	$	946,595,000

	Six months ended January 31, 2020
	Commercial Solutions		Government Solutions	Unallocated	Total
Net sales	$	190,436,000	141,485,000	—	$	331,921,000
Operating income (loss)	$	22,460,000	12,086,000	(19,052,000)	$	15,494,000
Net income (loss)	$	22,569,000	12,111,000	(24,797,000)	$	9,883,000
(Benefit from) provision for income taxes	(99,000)		—	2,361,000	2,262,000
Interest (income) and other	(27,000)		(26,000)	(18,000)	(71,000)
Interest expense	17,000		1,000	3,402,000	3,420,000
Amortization of stock-based compensation	—		—	2,117,000	2,117,000
Amortization of intangibles	8,724,000		1,711,000	—	10,435,000
Depreciation	4,379,000		625,000	368,000	5,372,000
Estimated contract settlement costs	(32,000)		—	—	(32,000)
Acquisition plan expenses	—		—	8,414,000	8,414,000
Adjusted EBITDA	$	35,531,000	14,422,000	(8,153,000)	$	41,800,000
Purchases of property, plant and equipment	$	1,915,000	425,000	168,000	$	2,508,000
Long-lived assets acquired in connection with acquisitions	$	—	31,131,000	—	$	31,131,000
Total assets at January 31, 2020	$	672,336,000	233,221,000	44,385,000	$	949,942,000