DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Jul. 31, 2023

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations

A summary of the results of the discontinued operations is as follows:

	Fiscal Year Ended July 31,
	2022
Net revenue	$	165,542
Cost of revenue	156,697
Gross profit	8,845
Operating expenses:
Selling, general and administrative	30,744
Amortization of intangible assets(a)	9,303
Total operating expenses	40,047
Operating loss	(31,202)
Other income (expense):
Gain upon deconsolidation of IWCO Direct	35,457
Interest expense	(16,111)
Total other income (expense), net	19,346
Loss from discontinued operations before income taxes	(11,856)
Income tax benefit	10,144
Loss from discontinued operations, net of tax	$	(1,712)

(a) During the fiscal year ended July 31, 2022, the Company recorded $9.3 million of amortization expense for the former Direct Marketing reporting unit.