REVENUE RECOGNITION (Tables)

6 Months Ended

Jan. 31, 2024

Revenue from Contract with Customer [Abstract]

Summary of Reconciliation of the Disaggregated Revenue

The following table presents the Company's revenues from contracts with customers disaggregated by major good or service line and timing of revenue recognition. The table also includes a reconciliation of the disaggregated revenue with the reportable segments.

	Successor		Predecessor		Successor		Predecessor
	Three Months Ended January 31,		Three Months Ended January 31,		Six Months Ended January 31,		Six Months Ended January 31,
	2024		2023		2024		2023
	(in thousands)
Major Goods/Service Lines
Supply chain management services	$	42,697	$	50,427	$	83,702	$	101,358
Other	348		354		684		782
	$	43,045	$	50,781	$	84,386	$	102,140
Timing of Revenue Recognition
Services transferred over time	$	43,045	$	50,781	$	84,386	$	102,140
	$	43,045	$	50,781	$	84,386	$	102,140

Summary of Changes in Deferred Revenue

The table below presents information for the Company's contract balances:

	Successor				Predecessor
	January 31, 2024		July 31, 2023		August 1, 2022
	(in thousands)
Accounts receivable, trade, net	$	29,179	$	28,616	$	40,083
Contract assets	369		439		369
Deferred revenue - current	$	2,947	$	2,574	$	2,705
Deferred revenue - long-term	303		144		134
Total deferred revenue	$	3,250	$	2,718	$	2,839

Remaining Performance Obligations

Remaining performance obligations are comprised of deferred revenue. Changes in deferred revenue during the six months ended January 31, 2024 and January 31, 2023, were as follows:

	Successor		Predecessor
	Six Months Ended January 31,		Six Months Ended January 31,
	2024		2023
	(in thousands)
Balance at beginning of period	$	2,718	$	2,839
Deferral of revenue	1,271		1,483
Recognition of deferred amounts upon satisfaction of performance obligation	(739)		(745)
Balance at end of period	$	3,250	$	3,577