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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jan. 31, 2016
Jan. 31, 2015
Jan. 31, 2016
Jan. 31, 2015
Net Revenue:        
Product $ 125,938 $ 131,272 $ 240,067 $ 248,207
Engineering 1,931 2,673 2,750 4,054
Total net revenue 127,869 133,945 242,817 252,261
Cost of sales:        
Product 68,123 74,077 131,070 139,215
Engineering 967 2,375 2,029 3,554
Total cost of sales 69,090 76,452 133,099 142,769
Gross profit 58,779 57,493 109,718 109,492
Operating expenses:        
Research and product development 16,566 16,425 33,805 33,794
Selling and marketing 15,249 15,846 30,482 31,355
General and administrative 22,308 13,073 35,504 27,295
Restructuring 3,147 (152) 6,430 (210)
Total operating expenses 57,270 45,192 106,221 92,234
Income from operations 1,509 12,301 3,497 17,258
Other (expense), net (3,507) (169) (3,965) (51)
(Loss) Income before income taxes (1,998) 12,132 (468) 17,207
Provision for income taxes 987 2,302 1,141 3,723
Net (loss) income $ (2,985) $ 9,830 $ (1,609) $ 13,484
Net (loss) income per common share:        
Basic $ (0.24) $ 0.79 $ (0.13) $ 1.09
Diluted $ (0.24) $ 0.78 $ (0.13) $ 1.07
Weighted average shares outstanding:        
Basic 12,418 12,378 12,422 12,393
Diluted 12,418 12,558 12,422 12,588
Dividends declared and paid per share $ 0.10 $ 0.10 $ 0.20 $ 0.20