EARNINGS (LOSS) PER SHARE (Tables)

6 Months Ended

Jan. 31, 2023

Earnings Per Share [Abstract]

Reconciliation of (loss) earnings per share

The following table reconciles net earnings (loss) per share for the three and six months ended January 31, 2023 and 2022:

	Three Months Ended January 31,				Six Months Ended January 31,
	2023		2022		2023		2022
	(In thousands, except per share data)
Reconciliation of net (loss) income to net (loss) income attributable to common stockholders after assumed conversions:
Net (loss) income from continuing operations	$	(526)	$	(1,486)	$	4,431	$	(2,469)
Loss from discontinued operations	—		(21,491)		—		(40,002)
Net (loss) income	(526)		(22,977)		4,431		(42,471)
Less: Preferred dividends on redeemable preferred stock	(537)		(537)		(1,074)		(1,074)
Net (loss) income attributable to common stockholders	$	(1,063)	$	(23,514)	$	3,357	$	(43,545)
Net (loss) income per common share - basic
Net (loss) income from continuing operations	$	(0.02)	$	(0.03)	$	0.06	$	(0.06)
Net loss from discontinued operations	—		(0.36)		—		(0.67)
Net (loss) income attributable to common stockholders	$	(0.02)	$	(0.39)	$	0.06	$	(0.73)
Net (loss) income per common share - diluted
Net (loss) income from continuing operations	$	(0.02)	$	(0.03)	$	0.06	$	(0.06)
Net loss from discontinued operations	—		(0.36)		—		(0.67)
Net (loss) income attributable to common stockholders	$	(0.02)	$	(0.39)	$	0.06	$	(0.73)
Weighted average common shares outstanding - basic	60,178		59,748		60,129		60,027
Effect of dilutive securities:
Common stock equivalents - Restricted stock and restricted stock shares	—		—		508		—
Weighted average common shares outstanding - diluted	60,178		59,748		60,637		60,027