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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2020
Jul. 31, 2019
Current assets:    
Cash and cash equivalents $ 75,887 $ 32,548
Accounts receivable, trade, net of allowance for doubtful accounts of $134 and $1,804 at July 31, 2020 and 2019, respectively 93,072 112,141
Inventories, net 15,354 23,674
Funds held for clients 18,755 13,516
Prepaid expenses and other current assets 20,475 31,445
Total current assets 223,543 213,324
Property and equipment, net 79,678 91,268
Goodwill 257,128 257,128
Other intangible assets, net 135,263 162,518
Operating right-of-use assets 56,140  
Other assets 7,420 7,325
Total assets 759,172 731,563
Current liabilities:    
Accounts payable 70,002 85,898
Accrued expenses 111,380 112,658
Funds held for clients 18,755 13,516
Current portion of long-term debt 5,527 5,732
Current lease obligations 14,318 127
Other current liabilities 29,950 38,919
Total current liabilities 249,932 256,850
Convertible note payable 8,054 7,432
Long-term debt, excluding current portion 365,468 368,505
Long-term lease obligations 43,211  
Other long-term liabilities 8,509 10,898
Total long-term liabilities 425,242 386,835
Total liabilities 675,174 643,685
Commitments and contingencies (Note 9)
Contingently redeemable preferred stock, $0.01 par value per share. 35,000 shares authorized, issued and outstanding at July 31, 2020 and 2019 35,180 35,186
Stockholders' equity:    
Preferred stock, $0.01 par value per share. 4,965,000 shares authorized at July 31, 2020 and 2019; zero shares issued and outstanding at July 31, 2020 and 2019 0 0
Common stock, $0.01 par value per share. Authorized 1,400,000,000 shares; 62,787,919 issued and outstanding shares at July 31, 2020; 61,805,856 issued and outstanding shares at July 31, 2019 628 618
Additional paid-in capital 7,478,047 7,477,327
Accumulated deficit (7,433,700) (7,426,287)
Accumulated other comprehensive income 3,843 1,034
Total stockholders' equity 48,818 52,692
Total liabilities, contingently redeemable preferred stock and stockholders' equity $ 759,172 $ 731,563