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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ (12,271) $ (33,376)
Loss from discontinued operations, net of tax 108 21,895
Loss from continuing operations (12,163) (11,481)
Adjustments to reconcile net loss to cash flows from operating activities:    
Depreciation 1,698 2,620
Amortization of deferred financing costs 102 103
Accretion of debt discount 1,229 930
Share-based compensation 519 443
Non-cash lease expense 7,083 7,505
Other (gains) losses, net (1,605) 5,605
Changes in operating assets and liabilities:    
Accounts receivable, net (8,786) 14,247
Inventories, net (1,291) 1,671
Prepaid expenses and other current assets 240 37
Accounts payable and accrued expenses 2,076 (20,556)
Refundable and accrued income taxes, net 142 11,458
Other assets and liabilities 5,489 (17,545)
Net cash used in operating activities of continuing operations (5,267) (4,963)
Cash flows from investing activities:    
Additions of property and equipment (1,142) (902)
Proceeds from the disposition of property and equipment 0 69
Net cash used in investing activities of continuing operations (1,142) (833)
Cash flows from financing activities:    
Preferred dividend payments (1,598) (1,586)
Repayments on capital lease obligations (54) (52)
Proceeds from issuance of common stock 0 4
Net cash used in financing activities of continuing operations (1,652) (1,634)
Net effect of exchange rate changes on cash, cash equivalents and restricted cash (774) 746
Cash flows from discontinued operations:    
Operating activities (6,738) 25,975
Investing activities 625 (1,812)
Financing activities 4,230 (6,142)
Net cash (used in) provided by discontinued operations (1,883) 18,021
Net decrease in cash, cash equivalents and restricted cash (8,835) (6,684)
Cash, cash equivalents and restricted cash, beginning of period 66,329 77,071
Cash, cash equivalents and restricted cash, end of period 57,494 70,387
Cash and cash equivalents of continuing operations, end of period 49,914 61,990
Funds held for clients, end of period $ 7,580 $ 8,397