Quarterly results of operations (Tables)

12 Months Ended

Jul. 31, 2016

Summary of Unaudited Quarterly Results

The following is a summary of unaudited quarterly results of operations for fiscal years 2016 and 2015:

	Year 2016
(in millions, except per share data)	First Quarter		Second Quarter			Third Quarter		Fourth Quarter
Net revenue	$	114.9	$	127.9		$	128.0	$	138.1
Gross profit		50.9		58.8			54.9		63.4
Net income (loss)		1.4		(3.0	)		5.0		8.8
Basic net income (loss) per share	$	0.11	$	(0.24	)	$	0.40	$	0.71
Diluted net income (loss) per share	$	0.11	$	(0.24	)	$	0.40	$	0.70

	Year 2015
(in millions, except per share data)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Net revenue	$	118.3	$	133.9	$	133.6	$	154.5
Gross profit		52.0		57.5		56.0		64.0
Net income		3.7		9.8		9.1		10.9
Basic net income per share	$	0.29	$	0.79	$	0.73	$	0.88
Diluted net income per share	$	0.29	$	0.78	$	0.72	$	0.86