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EARNINGS (LOSS) PER SHARE (Tables)
9 Months Ended
Apr. 30, 2020
Earnings Per Share [Abstract]  
Reconciliation of earnings per share
The following table reconciles earnings (loss) per share for the three and nine months ended months ended April 30, 2020 and 2019:
 
Three Months Ended
April 30,
 
Nine Months Ended
April 30,
 
2020
 
2019
 
2020
 
2019
 
(In thousands, except per share data)
Net loss
$
(6,159
)
 
$
(9,627
)
 
$
(4,924
)
 
$
(28,745
)
Less: Preferred dividends on redeemable preferred stock
(525
)
 
(525
)
 
(1,592
)
 
(1,598
)
Net loss attributable to common stockholders
$
(6,684
)
 
$
(10,152
)
 
$
(6,516
)
 
$
(30,343
)
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
61,815

 
61,393

 
61,583

 
61,111

Weighted average common equivalent shares arising from restricted stock
—

 
—

 
—

 
—

Weighted average number of common and potential common shares
61,815

 
61,393

 
61,583

 
61,111

Basic net loss per share attributable to common stockholders
$
(0.11
)
 
$
(0.17
)
 
$
(0.11
)
 
$
(0.50
)
Diluted net loss per share attributable to common stockholders
$
(0.11
)
 
$
(0.17
)
 
$
(0.11
)
 
$
(0.50
)