XML 15 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 31, 2021
Jul. 31, 2021
Current Assets    
Cash and cash equivalents $ 81,330 $ 96,931
Accounts receivable, trade, net of allowance for doubtful accounts of $44 and $49 at October 31, 2021 and July 31, 2021, respectively 74,841 69,805
Inventories, net 18,166 16,228
Funds held for clients 6,531 8,212
Prepaid expenses and other current assets 18,491 22,222
Total current assets 199,359 213,398
Property and equipment, net 54,710 58,862
Goodwill 231,470 231,470
Other intangible assets, net 110,823 115,005
Operating lease right-of-use assets 49,941 50,836
Other assets 6,851 6,810
Total assets 653,154 676,381
Current Liabilities    
Accounts payable 51,920 55,517
Accrued expenses 109,382 106,871
Funds held for clients 6,531 8,212
Current portion of long-term debt 5,611 5,602
Current lease obligations 13,259 13,690
Other current liabilities 29,366 28,101
Total current liabilities 216,069 217,993
Convertible note payable 9,729 9,343
Long-term debt, excluding current portion 356,783 358,189
Long-term lease obligations 38,338 38,927
Other long-term liabilities 10,486 10,537
Total long-term liabilities 415,336 416,996
Total liabilities 631,405 634,989
Contingently redeemable preferred stock, $0.01 par value per share. 35,000 shares authorized, issued and outstanding at October 31, 2021 and July 31, 2021 35,180 35,180
Stockholders' equity:    
Preferred stock, $0.01 par value per share. 4,965,000 shares authorized at October 31, 2021 and July 31, 2021; zero shares issued and outstanding at October 31, 2021 and July 31, 2021 0 0
Common stock, $0.01 par value per share. Authorized 1,400,000,000 shares; 60,437,654 issued and outstanding shares at October 31, 2021; 63,099,496 issued and outstanding shares at July 31, 2021 605 632
Additional paid-in capital 7,478,855 7,478,638
Accumulated deficit (7,500,251) (7,480,220)
Accumulated other comprehensive income 7,360 7,162
Total stockholders' (deficit) equity (13,431) 6,212
Total liabilities, contingently redeemable preferred stock and stockholders' (deficit) equity $ 653,154 $ 676,381