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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jan. 31, 2018
Jan. 31, 2017
Jan. 31, 2018
Jan. 31, 2017
Net product sales $ 104,913 $ 74,566 $ 219,490 $ 149,268
Net service sales 5,363 5,558 11,072 10,941
Net sales 110,276 80,124 230,562 160,209
Cost of sales 59,726 45,338 120,597 91,063
Gross profit 50,550 34,786 109,965 69,146
Engineering and product development expenses 16,592 15,013 33,731 30,309
Selling, general and administrative expenses 21,986 18,084 43,271 36,545
Amortization of purchased intangible assets 137 180 294 370
Restructuring 550 299 685 406
Income from operations 11,285 1,210 31,984 1,516
Other income (expense):        
Interest expense (969) (329) (1,198) (645)
Interest income 260 171 516 339
Other (expense) income, net (1,414) 1,281 (1,651) 1,749
Income before provision for (benefit from) income taxes 9,162 2,333 29,651 2,959
Provision for (benefit from) income taxes 1,388 (239) 4,176 369
Net income 7,774 2,572 25,475 2,590
Net (loss) income attributable to noncontrolling interest (157)   13  
Net income attributable to Xcerra $ 7,931 $ 2,572 $ 25,462 $ 2,590
Basic and diluted net income per share attributable to Xcerra:        
Basic net income per share $ 0.14 $ 0.05 $ 0.47 $ 0.05
Diluted net income per share $ 0.14 $ 0.05 $ 0.46 $ 0.05
Weighted-average common and common equivalent shares used in computing net income per share:        
Basic 54,836 54,120 54,720 53,993
Diluted 55,450 54,562 55,659 54,472
Comprehensive income (loss):        
Net income attributable to Xcerra $ 7,931 $ 2,572 $ 25,462 $ 2,590
Unrealized loss on marketable securities (164) (80) (207) (128)
Unrealized gain (loss) on currency translation 6,129 (1,571) 7,082 (2,584)
Comprehensive income (loss) attributable to Xcerra $ 13,896 $ 921 $ 32,337 $ (122)