EARNINGS (LOSS) PER SHARE (Tables)

3 Months Ended

Oct. 31, 2022

Earnings Per Share [Abstract]

Reconciliation of (loss) earnings per share

The following table reconciles net earnings (loss) per share for the three months ended October 31, 2022 and 2021:

	Three Months Ended October 31,
	2022		2021
	(In thousands, except per share data)
Reconciliation of net income (loss) to net income (loss) attributable to common stockholders after assumed conversions:
Net income (loss) from continuing operations	$	4,957	$	(983)
Loss from discontinued operations	—		(18,511)
Net income (loss)	4,957		(19,494)
Less: Preferred dividends on redeemable preferred stock	(537)		(537)
Net income (loss) attributable to common stockholders	$	4,420	$	(20,031)
Effect of dilutive securities:
Dividends on preferred stock	537		—
Net income (loss) attributable to common stockholders - assuming dilution	$	4,957	$	(20,031)
Net income (loss) per common share - basic
Net income (loss) from continuing operations	$	0.07	$	(0.02)
Net loss from discontinued operations	—		(0.31)
Net income (loss) attributable to common stockholders	$	0.07	$	(0.33)
Net income (loss) per common share - diluted
Net income (loss) from continuing operations	$	0.06	$	(0.02)
Net loss from discontinued operations	—		(0.31)
Net income attributable to common stockholders	$	0.06	$	(0.33)
Weighted average common shares outstanding - basic	60,050		60,307
Effect of dilutive securities:
Common stock equivalents - Restricted stock and restricted stock shares	523		—
Common stock equivalents - Preferred stock	17,857		—
Weighted average common shares outstanding - diluted	78,430		60,307