Long-Term Debt (Tables)

6 Months Ended

Jan. 31, 2018

Long Term Debt

Long-term debt consists of the following:

	January 31, 2018			July 31, 2017
	(in thousands)
Bank Term Loan under Credit Agreement	$	—		$	19,375
Bank Term Loan—Commerzbank		2,638			2,791
Total debt		2,638			22,166
Less: financing fees		—			(840	)
Less: current portion		(362	)		(3,779	)
Total long-term debt	$	2,276		$	17,547

Debt Principal Payments

The debt principal payments for the next five years and thereafter are as follows:

Payments due by fiscal year	Debt Principal Payments
	(in thousands)
Remainder of 2018	$	211
2019		422
2020		422
2021		422
2022		422
Thereafter		739
Total	$	2,638