XML 94 R42.htm IDEA: XBRL DOCUMENT v3.20.2
EARNINGS (LOSS) PER SHARE (Tables)
 12 Months Ended
Jul. 31, 2020
Earnings Per Share [Abstract]  
Reconciliation of earnings per share
The following table reconciles loss per share for the fiscal years ended July 31, 2020 and 2019.
 
Fiscal Year Ended
July 31,
 
2020
 
2019
 
(In thousands, except per share data)
Net loss
$
(5,284
)
 
$
(66,727
)
Less: Preferred dividends on redeemable preferred stock
(2,129
)
 
(2,129
)
Net loss attributable to common stockholders
(7,413
)
 
(68,856
)
Effect of dilutive securities:
 
 
 
7.50% Convertible Senior Note
—

 
—

Redeemable preferred stock
—

 
—

Net loss attributable to common stockholders after assumed conversions
$
(7,413
)
 
$
(68,856
)
Weighted average common shares outstanding
61,644

 
61,180

Weighted average common equivalent shares arising from dilutive stock options, restricted stock, convertible notes and convertible preferred stock
—

 
—

Weighted average number of common and potential common shares
61,644

 
61,180

Basic and diluted net loss per share attributable to common stockholders
$
(0.12
)
 
$
(1.13
)