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Quarterly results of operations (Tables)
12 Months Ended
Jul. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Summary of Unaudited Quarterly Results

The following is a summary of unaudited quarterly results of operations for fiscal years 2017 and 2016:

 

 

 

Year 2017

 

(in millions, except per share data)

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

Net revenue

 

$

121.1

 

 

$

131.5

 

 

$

122.2

 

 

$

111.6

 

Gross profit

 

 

51.6

 

 

 

57.7

 

 

 

52.2

 

 

 

37.8

 

Net income (loss)

 

 

2.5

 

 

 

7.5

 

 

 

(59.7

)

 

$

(24.6

)

Basic net income (loss) per share

 

$

0.20

 

 

$

0.60

 

 

$

(4.78

)

 

$

(1.98

)

Diluted net income (loss) per share

 

$

0.20

 

 

$

0.59

 

 

$

(4.78

)

 

$

(1.98

)

 

 

 

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