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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Apr. 30, 2016
Apr. 30, 2015
Net Revenue:        
Product $ 126,376 $ 130,479 $ 366,443 $ 378,686
Engineering 1,604 3,080 4,354 7,134
Total net revenue 127,980 133,559 370,797 385,820
Cost of sales:        
Product 71,340 75,046 202,410 214,261
Engineering 1,707 2,560 3,736 6,114
Total cost of sales 73,047 77,606 206,146 220,375
Gross profit 54,933 55,953 164,651 165,445
Operating expenses:        
Research and product development 16,464 17,156 50,269 50,950
Selling and marketing 15,796 15,928 46,278 47,283
General and administrative 13,208 15,339 48,712 42,634
Restructuring 1,839 (107) 8,269 (317)
Total operating expenses 47,307 48,316 153,528 140,550
Income from operations 7,626 7,637 11,123 24,895
Other (expense) income, net (934) 201 (4,899) 150
Income before income taxes 6,692 7,838 6,224 25,045
Provision for (benefit from) income taxes 1,722 (1,286) 2,863 2,437
Net income $ 4,970 $ 9,124 $ 3,361 $ 22,608
Net income per common share:        
Basic $ 0.40 $ 0.73 $ 0.27 $ 1.82
Diluted $ 0.40 $ 0.72 $ 0.27 $ 1.79
Weighted average shares outstanding:        
Basic 12,392 12,419 12,412 12,401
Diluted 12,553 12,603 12,623 12,601
Dividends declared and paid per share $ 0.10 $ 0.10 $ 0.30 $ 0.30