SEGMENT INFORMATION

3 Months Ended

Oct. 31, 2023

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

The Company has one reportable segment: Supply Chain. The Company also has Corporate-level activity, which consists primarily of costs associated with certain corporate administrative functions such as legal, finance and share-based compensation, which are not allocated to the Company's reportable segment. The Corporate-level balance sheet information includes cash and cash equivalents, debt and other assets and liabilities which are not allocated to the operations of the Company's operating segment. All significant intra-segment amounts have been eliminated. Management evaluates segment performance based on segment net revenue and operating income (loss).

Summarized financial information of the Company's continuing operations by operating segment is as follows:

	Successor		Predecessor
	Three Months Ended October 31,		Three Months Ended October 31,
	2023		2022
	(In thousands)
Net revenue:
Supply Chain	$	41,341	$	51,359
Total segment net revenue	41,341		51,359
Operating income:
Supply Chain	2,675		5,851
Total segment operating income	2,675		5,851
Corporate-level activity	(870)		(1,972)
Total operating income	1,805		3,879
Total other income, net	3,302		2,204
Income before income taxes	$	5,107	$	6,083

	Successor
	October 31, 2023		July 31, 2023
	(In thousands)
Total assets:
Supply Chain	$	143,654	$	146,614
Corporate	266,941		264,567
Total assets	$	410,595	$	411,181

Summarized financial information of the Company's capital expenditures and depreciation expense for the Supply Chain reportable segment is as follows:

	Successor		Predecessor
	Three Months Ended October 31,		Three Months Ended October 31,
	2023		2022
	(In thousands)
Capital expenditures	$	552	$	548
Depreciation expense	$	435	$	459

Summarized financial information of the Company's net revenue by geographic location is as follows:

	Successor		Predecessor
	Three Months Ended October 31,		Three Months Ended October 31,
	2023		2022
	(In thousands)
United States	$	15,197	$	12,172
Mainland China	14,384		17,965
Netherlands	5,298		5,351
Czech Republic	2,630		5,760
Singapore	1,460		5,132
Other	2,372		4,979
Total consolidated net revenue	$	41,341	$	51,359