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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jan. 31, 2018
Jan. 31, 2017
Jan. 31, 2018
Jan. 31, 2017
Net revenue:        
Product $ 126,691 $ 130,330 $ 232,444 $ 250,582
Engineering 2,481 1,204 3,604 2,077
Total net revenue 129,172 131,534 236,048 252,659
Cost of sales:        
Product 70,356 72,721 128,329 141,482
Engineering 1,952 1,123 3,088 1,846
Total cost of sales 72,308 73,844 131,417 143,328
Gross profit 56,864 57,690 104,631 109,331
Operating expenses:        
Research and product development 15,631 16,213 30,642 32,063
Selling and marketing 13,195 17,358 25,601 35,538
General and administrative 12,098 3,979 24,039 17,600
Restructuring 197 267 731 299
Asset impairment charges   10,423   10,423
Total operating expenses 41,121 48,240 81,013 95,923
Income from operations 15,743 9,450 23,618 13,408
Other income (expense), net 939 28 1,175 (414)
Income before income taxes 16,682 9,478 24,793 12,994
Provision for income taxes 10,133 1,968 12,586 2,948
Net income $ 6,549 $ 7,510 $ 12,207 $ 10,046
Net income per common share:        
Basic $ 0.52 $ 0.60 $ 0.98 $ 0.81
Diluted $ 0.52 $ 0.59 $ 0.97 $ 0.79
Weighted average shares outstanding:        
Basic 12,490 12,466 12,482 12,442
Diluted 12,601 12,680 12,606 12,712
Dividends declared and paid per share $ 0.10 $ 0.10 $ 0.20 $ 0.20