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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Cash flows from operating activities:    
Net loss $ (10,968) $ (44,391)
Net loss from discontinued operations 1,712 32,556
Loss from continuing operations (9,256) (11,835)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 2,220 3,403
Amortization of deferred financing costs 102 137
Accretion of debt discount 1,704 1,289
Share-based compensation 701 591
Deferred taxes 9,041 7,230
Non-cash lease expense 9,425 9,953
Other (gains) losses, net (4,087) 439
Changes in operating assets and liabilities:    
Accounts receivable, net (5,256) 13,548
Inventories, net 323 1,628
Prepaid expenses and other current assets 1,065 (484)
Accounts payable and accrued expenses 801 (18,726)
Refundable and accrued income taxes, net (471) 15,667
Other assets and liabilities (9,446) (30,950)
Net cash used in operating activities (3,134) (8,110)
Cash flows from investing activities:    
Additions to property and equipment (1,485) (1,217)
Proceeds from the disposition of property and equipment 0 182
Net cash used in investing activities (1,485) (1,035)
Cash flows from financing activities:    
Payments of preferred dividends (2,129) (2,129)
Payment of deferred financing costs (95)
Repayments on capital lease obligations (73) (70)
Proceeds from issuance of common stock 0 4
Net cash used in financing activities (2,297) (2,195)
Net effect of exchange rate changes on cash and cash equivalents (1,368) 597
Net increase in cash, cash equivalents and restricted cash (8,284) (10,743)
Cash, cash equivalents and restricted cash, beginning of period 66,329 77,072
Cash, cash equivalents and restricted cash, end of period 58,045 66,329
Cash flows from discontinued operations:    
Operating activities (6,738) 31,176
Investing activities 625 (2,291)
Financing activities 4,230 (7,642)
Net cash (used in) provided by discontinued operations $ (1,883) $ 21,243