Inventories

3 Months Ended

Oct. 31, 2021

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consist of the following at:

	October 31, 2021		July 31, 2021
Raw materials and components	$	67,151,000	62,249,000
Work-in-process and finished goods	41,606,000		38,338,000
Total inventories	108,757,000		100,587,000
Less reserve for excess and obsolete inventories	21,061,000		20,229,000
Inventories, net	$	87,696,000	80,358,000

As of October 31, 2021 and July 31, 2021, the amount of inventory directly related to long-term contracts (including contracts-in-progress) was $7,392,000 and $7,028,000, respectively, and the amount of inventory related to contracts from third-party commercial customers who outsource their manufacturing to us was $1,632,000 and $1,509,000, respectively.