SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jul. 31, 2020

Accounting Policies [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

The allowance for doubtful accounts consisted of the following:

	July 31, 2020			July 31, 2019
	(In thousands)
Balance at beginning of year	$	1,804		$	480
Provisions charged to expense	111			1,418
Accounts written off	(1,781		)	(94		)
	$	134		$	1,804

Cash and Cash Equivalents

Cash and cash equivalents consisted of the following:

	July 31, 2020		July 31, 2019
	(In thousands)
Cash and bank deposits	$	70,770	$	32,183
Money market funds	5,117		365
	$	75,887	$	32,548

The amount of cash, cash equivalents and restricted cash as of July 31, 2020 and 2019 in the consolidated statements of cash flows is reconciled to the Company's consolidated balance sheets as follows:

	July 31,
	2020		2019
	(In thousands)
Cash and cash equivalents	$	75,887	$	32,548
Funds held for clients	18,755		13,516
Cash, cash equivalents and restricted cash	$	94,642	$	46,064

Estimated Useful Lives of Property and Equipment

The estimated useful lives are as follows:

Category	Useful Lives
Buildings	32 years
Machinery and equipment	3 to 7 years
Furniture and fixtures	5 to 7 years
Automobiles	5 years
Software	3 to 8 years
Leasehold improvements	Shorter of the lease term or the estimated useful life of the asset