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OTHER GAINS, NET
 12 Months Ended
Jul. 31, 2024
Other Income and Expenses [Abstract]  
OTHER GAINS, NET OTHER GAINS, NET
The following table presents the components of "Other gains, net":
Successor Predecessor
Fiscal Year Ended July 31,May 1 to July 31,August 1, 2022 to April 30,
202420232023
(In thousands)
Foreign currency exchange (losses) gains, net$(154)$446 $(510)
Other gains, net930 5,242 4,471 
$776 $5,688 $3,961 

Other gains, net for the fiscal year ended July 31, 2024 is primarily made up of $1.4 million grant income, offset partially by net realized/unrealized losses on investments and the SPHG Note.

Other gains, net for the May 1 to July 31, 2023 Successor Period is primarily made up of $5.1 million net realized gains recognized on the disposition of the Aerojet shares. See Note 4 - "Prepaid Expenses and Other Current Assets" 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 and (2) $1.4 million settlement with a client.