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SHARE-BASED PAYMENTS (Tables)
12 Months Ended
Jul. 31, 2021
Share-based Payment Arrangement [Abstract]  
Summary of Share-Based Compensation Expense Related to Employee Stock Options, Employee Stock Purchases and Nonvested Shares The following table summarizes share-based compensation expense for the fiscal years ended July 31, 2021 and 2020: 
Fiscal Year Ended
July 31,
20212020
(In thousands)
Selling, general and administrative591 720 
$591 $720 
Summary of Option Activity
A summary of option activity for the fiscal year ended July 31, 2021 is as follows:
Number of
Shares
Weighted
Average
Exercise
Price
Weighted Average
Remaining
Contractual Term
(Years)
(In thousands, except exercise price and years)
Stock options outstanding, July 31, 2020174 $4.30 
Granted— — 
Exercised— — 
Forfeited or expired(162)4.37 
Stock options outstanding, July 31, 202112 3.41 0.2
Stock options exercisable, July 31, 202112 $3.41 0.2
Summary of Activity of Nonvested Stock
A summary of the activity of the Company's restricted stock for the fiscal year ended July 31, 2021, is as follows:
Number of SharesWeighted Average
Grant Date Fair
Value
(Share amounts in thousands)
Nonvested stock outstanding, July 31, 20201,345 $0.95 
Granted416 1.32 
Vested(645)0.94 
Forfeited— — 
Nonvested stock outstanding, July 31, 20211,116 $1.09