(LOSS) EARNINGS PER SHARE (Tables)

3 Months Ended

Oct. 31, 2020

Earnings Per Share [Abstract]

Reconciliation of (loss) earnings per share

The following table reconciles (loss) earnings per share for the three months ended October 31, 2020 and 2019:

	Three Months Ended October 31,
	2020		2019
	(In thousands, except per share data)
Net (loss) income	$	(3,551)	$	4,792
Less: Preferred dividends on redeemable preferred stock	(537)		(536)
Net (loss) income attributable to common stockholders	(4,088)		4,256
7.50% Convertible Senior Note	—		592
Redeemable preferred stock	—		536
Net (loss) income attributable to common stockholders after assumed conversions	$	(4,088)	$	5,384
Weighted average common shares outstanding	61,893		61,401
Weighted average common equivalent shares arising from dilutive stock options, restricted stock, convertible note and convertible preferred stock	—		24,605
Weighted average number of common and potential common shares	61,893		86,006
Basic net (loss) income per share attributable to common stockholders	$	(0.07)	$	0.07
Diluted net (loss) income per share attributable to common stockholders	$	(0.07)	$	0.06