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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Net revenue:    
Total net revenue $ 819,830 $ 645,258
Cost of revenue 670,100 543,999
Gross profit 149,730 101,259
Operating expenses:    
Selling, general and administrative 144,078 101,972
Amortization of intangible assets 30,446 20,285
(Gain) loss on sale of property 485 (12,692)
Total operating expenses 175,009 109,565
Operating loss (25,279) (8,306)
Other income (expense):    
Interest income 528 679
Interest expense (41,951) (29,884)
Other gains, net 4,603 2,223
Total other expense (36,820) (26,982)
Loss before income taxes (62,099) (35,288)
Income tax expense (benefit) 4,670 (71,202)
Gains on investments in affiliates, net of tax (42) (801)
Net income (loss) (66,727) 36,715
Less: Preferred dividends on redeemable preferred stock (2,129) (1,335)
Net income (loss) attributable to common stockholders $ (68,856) $ 35,380
Basic net earnings (loss) per share attributable to common stockholders (in usd per share) $ (1.13) $ 0.60
Diluted net earnings (loss) per share attributable to common stockholders (in usd per share) $ (1.13) $ 0.53
Weighted average common shares used in:    
Basic earnings (loss) per share (in shares) 61,180 59,179
Diluted earnings (loss) per share (in shares) 61,180 81,899
Services    
Net revenue:    
Total net revenue $ 332,928 $ 345,900
Products    
Net revenue:    
Total net revenue $ 486,902 $ 299,358