OTHER GAINS, NET

12 Months Ended

Jul. 31, 2023

Other Income and Expenses [Abstract]

OTHER GAINS, NET

OTHER GAINS, NET

The following table presents the components of "Other gains, net":

	Successor		Predecessor
	May 1 to July 31,		August 1, 2022 to April 30,		Fiscal Year Ended July 31,
	2023		2023		2022
	(In thousands)
Foreign currency exchange gains (losses), net	$	446	$	(510)	$	2,389
Derecognition of accrued pricing liabilities(a)	—		—		860
Other gains, net	5,242		4,471		782
	$	5,688	$	3,961	$	4,031

(a) Refer to Note 3 - "Exchange Transaction" and Note 9 - "Accrued Expenses and Other Current Liabilities" for information on the derecognition of the accrued pricing liabilities.

Other gains, net for the May 1 to July 31, 2023 Successor Period is primarily made up of $5.1 million realized gains recognized on the disposition of the Aerojet shares. See Note 3 - "Exchange Transaction" for more information. Other gains, net for the August 1, 2022 to April 30, 2023 Predecessor Period was primarily due to: (1) $1.9 million gain from proceeds received from the sale of an investment in Tallan, Inc., (2) $1.4 million settlement with a client, and (3) $0.9 million interest income.