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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2019
Jul. 31, 2018
ASSETS    
Cash and cash equivalents $ 32,548 $ 92,138
Accounts receivable, trade, net of allowance for doubtful accounts of $1,804 and $480 at July 31, 2019 and July 31, 2018, respectively 112,141 99,254
Inventories, net 23,674 47,786
Funds held for clients 13,516 11,688
Prepaid expenses and other current assets 31,445 13,415
Total current assets 213,324 264,281
Property and equipment, net 91,268 106,632
Goodwill 257,128 254,352
Other intangible assets, net 162,518 192,964
Other assets 7,325 8,821
Total assets 731,563 827,050
LIABILITIES, CONTINGENTLY REDEEMABLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY    
Accounts payable 85,898 78,212
Accrued expenses 112,658 88,426
Funds held for clients 13,516 11,688
Current portion of long-term debt 5,732 5,727
Other current liabilities 39,046 42,029
Convertible Notes payable 0 50,274
Total current liabilities 256,850 276,356
Convertible Notes payable 7,432 14,256
Long-term debt, excluding current portion 368,505 383,111
Other long-term liabilities 10,898 10,507
Total long-term liabilities 386,835 407,874
Total liabilities 643,685 684,230
Commitments and contingencies (Note 8)
Contingently redeemable preferred stock, $0.01 par value per share. 35,000 shares authorized, issued and outstanding at July 31, 2019 and 2018 35,186 35,192
Stockholders' equity:    
Preferred stock, $0.01 par value per share. 4,965,000 shares authorized at July 31, 2019 and July 31, 2018; zero shares issued and outstanding at July 31, 2019 and July 31, 2018 0 0
Common stock, $0.01 par value per share. Authorized 1,400,000,000 shares; 61,805,856 issued and outstanding shares at July 31, 2019; 60,742,859 issued and outstanding shares at July 31, 2018 618 608
Additional paid-in capital 7,477,327 7,467,855
Accumulated deficit (7,426,287) (7,363,569)
Accumulated other comprehensive income 1,034 2,734
Total stockholders' equity 52,692 107,628
Total liabilities, contingently redeemable preferred stock and stockholders' equity $ 731,563 $ 827,050