REVENUE RECOGNITION (Tables)

9 Months Ended

Apr. 30, 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 April 30,		Three Months Ended April 30,		Nine Months Ended April 30,		Nine Months Ended April 30,
	2024		2023		2024		2023
	(in thousands)
Major Goods/Service Lines
Supply chain management services	$	43,456	$	45,826	$	127,157	$	147,185
Other	399		316		1,083		1,098
	$	43,855	$	46,142	$	128,240	$	148,283
Timing of Revenue Recognition
Services transferred over time	$	43,855	$	46,142	$	128,240	$	148,283
	$	43,855	$	46,142	$	128,240	$	148,283

Summary of Changes in Deferred Revenue

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

	Successor				Predecessor
	April 30, 2024		July 31, 2023		August 1, 2022
	(in thousands)
Accounts receivable, trade, net	$	31,873	$	28,616	$	40,083
Contract assets	283		439		369
Deferred revenue - current	$	2,762	$	2,574	$	2,705
Deferred revenue - long-term	68		144		134
Total deferred revenue	$	2,830	$	2,718	$	2,839

Remaining Performance Obligations

Remaining performance obligations are comprised of deferred revenue. Changes in deferred revenue during the nine months ended April 30, 2024 and April 30, 2023, were as follows:

	Successor		Predecessor
	Nine Months Ended April 30,		Nine Months Ended April 30,
	2024		2023
	(in thousands)
Balance at beginning of period	$	2,718	$	2,839
Deferral of revenue	1,456		1,595
Recognition of deferred amounts upon satisfaction of performance obligation	(1,344)		(1,361)
Balance at end of period	$	2,830	$	3,073