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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Oct. 31, 2017
Oct. 31, 2016
Net revenue:    
Product $ 105,752 $ 120,245
Engineering 1,123 873
Total net revenue 106,875 121,118
Cost of sales:    
Product 57,972 68,759
Engineering 1,136 723
Total cost of sales 59,108 69,482
Gross profit 47,767 51,636
Operating expenses:    
Research and product development 15,012 15,850
Selling and marketing 12,405 18,180
General and administrative 11,941 13,621
Restructuring 535 32
Total operating expenses 39,893 47,683
Income from operations 7,874 3,953
Other income (expense), net 238 (442)
Income before income taxes 8,112 3,511
Provision for income taxes 2,453 980
Net income $ 5,659 $ 2,531
Net income per common share:    
Basic $ 0.45 $ 0.20
Diluted $ 0.45 $ 0.20
Weighted average shares outstanding:    
Basic 12,473 12,419
Diluted 12,599 12,616
Dividends declared and paid per share $ 0.10 $ 0.10