SEGMENT INFORMATION

3 Months Ended

Oct. 31, 2020

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATIONThe Company has two operating segments which are the same as its reportable segments: Direct Marketing and Supply Chain. The Company also has Corporate-level activity, which consists primarily of costs associated with certain corporate administrative functions such as legal, finance, share-based compensation and acquisition costs, which are not allocated to the Company's reportable segments. The Corporate-level balance sheet information includes cash and cash equivalents, debt and other assets and liabilities which are not identifiable to the operations of the Company's operating segments. All significant intra-segment amounts have been eliminated. Management evaluates segment performance based on segment net revenue and operating income (loss).

Summarized financial information by operating segment is as follows:

	Three Months Ended October 31,
	2020		2019
	(In thousands)
Net revenue:
Direct Marketing	$	105,708	$	133,003
Supply Chain	64,226		92,150
	$	169,934	$	225,153
Operating income:
Direct Marketing	$	4,937	$	11,203
Supply Chain	5,151		6,510
Total segment operating income	10,088		17,713
Corporate-level activity	(3,013)		(2,971)
Total operating income	7,075		14,742
Total other expense	(9,822)		(8,595)
(Loss) income before income taxes	$	(2,747)	$	6,147

	October 31, 2020		July 31, 2020
	(In thousands)
Total assets:
Direct Marketing	$	590,449	$	584,477
Supply Chain	114,386		138,773
Sub-total—segment assets	704,835		723,250
Corporate	51,522		35,922
	$	756,357	$	759,172

Summarized financial information of the Company's net revenue from external customers by group of services is as follows:

	Three Months Ended October 31,
	2020		2019
	(In thousands)
Products:
Direct Marketing	$	105,708	$	133,003
Services:
Supply Chain	64,226		92,150
	$	169,934	$	225,153

Summarized financial information of the Company's net revenue by geographic location is as follows:

	Three Months Ended October 31,
	2020		2019
	(In thousands)
United States	$	121,483	$	153,046
China	19,640		39,389
Netherlands	7,795		10,648
Other	21,016		22,070
	$	169,934	$	225,153