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v3.21.2

Segment Information (Tables) | 12 Months Ended
--- | ---
Jul. 31, 2021
Segment Reporting [Abstract] |
Segment reconciliation | Operating segment information, along with a reconciliation of segment net income (loss) and consolidated net income to Adjusted EBITDA is presented in the tables below:
|  | Fiscal Year Ended July 31, 2021
|  | Commercial Solutions |  | Government Solutions |  | Unallocated |  | Total
Net sales |  | $ | 360,146,000 |  |  | 221,549,000 |  |  | — |  |  | $ | 581,695,000 |
Operating income (loss) |  | $ | 41,064,000 |  |  | 8,402,000 |  |  | (117,764,000) |  |  | $ | (68,298,000) |
Net income (loss) |  | $ | 39,200,000 |  |  | 9,553,000 |  |  | (122,233,000) |  |  | $ | (73,480,000) |
Provision for (benefit from) income taxes |  | 1,794,000 |  |  | (1,376,000) |  |  | (1,918,000) |  |  | (1,500,000) |
Interest (income) and other |  | 68,000 |  |  | 161,000 |  |  | (368,000) |  |  | (139,000) |
Interest expense |  | 2,000 |  |  | 64,000 |  |  | 6,755,000 |  |  | 6,821,000 |
Amortization of stock-based compensation |  | — |  |  | — |  |  | 9,983,000 |  |  | 9,983,000 |
Amortization of intangibles |  | 17,054,000 |  |  | 3,966,000 |  |  | — |  |  | 21,020,000 |
Depreciation |  | 7,451,000 |  |  | 1,586,000 |  |  | 342,000 |  |  | 9,379,000 |
Acquisition plan expenses |  | (1,052,000) |  |  | — |  |  | 101,344,000 |  |  | 100,292,000 |
Restructuring costs |  | 1,804,000 |  |  | 978,000 |  |  | — |  |  | 2,782,000 |
COVID-19 related costs |  | — |  |  | 1,046,000 |  |  | — |  |  | 1,046,000 |
Strategic emerging technology costs |  | — |  |  | 315,000 |  |  | — |  |  | 315,000 |
Adjusted EBITDA |  | $ | 66,321,000 |  |  | 16,293,000 |  |  | (6,095,000) |  |  | $ | 76,519,000 |
Purchases of property, plant and equipment |  | $ | 10,899,000 |  |  | 5,055,000 |  |  | 83,000 |  |  | $ | 16,037,000 |
Long-lived assets acquired in connection with acquisitions |  | $ | 45,515,000 |  |  | 2,443,000 |  |  | — |  |  | $ | 47,958,000 |
Total assets at July 31, 2021 |  | $ | 738,095,000 |  |  | 232,763,000 |  |  | 22,253,000 |  |  | $ | 993,111,000 |
|  | Fiscal Year Ended July 31, 2020
|  | Commercial Solutions |  | Government Solutions |  | Unallocated |  | Total
Net sales |  | $ | 353,730,000 |  |  | 262,985,000 |  |  | — |  |  | $ | 616,715,000 |
Operating income (loss) |  | $ | 34,820,000 |  |  | 19,988,000 |  |  | (39,634,000) |  |  | $ | 15,174,000 |
Net income (loss) |  | $ | 34,414,000 |  |  | 20,232,000 |  |  | (47,626,000) |  |  | $ | 7,020,000 |
Provision for (benefit from) income taxes |  | 410,000 |  |  | (100,000) |  |  | 1,980,000 |  |  | 2,290,000 |
Interest (income) and other |  | (31,000) |  |  | (169,000) |  |  | 10,000 |  |  | (190,000) |
Interest expense |  | 27,000 |  |  | 25,000 |  |  | 6,002,000 |  |  | 6,054,000 |
Amortization of stock-based compensation |  | — |  |  | — |  |  | 9,275,000 |  |  | 9,275,000 |
Amortization of intangibles |  | 17,325,000 |  |  | 4,270,000 |  |  | — |  |  | 21,595,000 |
Depreciation |  | 8,347,000 |  |  | 1,446,000 |  |  | 768,000 |  |  | 10,561,000 |
Estimated contract settlement costs |  | 444,000 |  |  | — |  |  | — |  |  | 444,000 |
Acquisition plan expenses |  | 751,000 |  |  | — |  |  | 20,003,000 |  |  | 20,754,000 |
Adjusted EBITDA |  | $ | 61,687,000 |  |  | $ | 25,704,000 |  |  | $ | (9,588,000) |  |  | $ | 77,803,000 |
Purchases of property, plant and equipment |  | $ | 5,281,000 |  |  | 1,617,000 |  |  | 327,000 |  |  | $ | 7,225,000 |
Long-lived assets acquired in connection with acquisitions |  | $ | 6,060,000 |  |  | 32,391,000 |  |  | — |  |  | $ | 38,451,000 |
Total assets at July 31, 2020 |  | $ | 647,964,000 |  |  | 232,052,000 |  |  | 49,631,000 |  |  | $ | 929,647,000 |
|  | Fiscal Year Ended July 31, 2019
|  | Commercial Solutions |  | Government Solutions |  | Unallocated |  | Total
Net sales |  | $ | 357,293,000 |  |  | 314,504,000 |  |  | — |  |  | $ | 671,797,000 |
Operating income (loss) |  | $ | 36,053,000 |  |  | 28,997,000 |  |  | (23,643,000) |  |  | $ | 41,407,000 |
Net income (loss) |  | $ | 35,888,000 |  |  | 29,029,000 |  |  | (39,876,000) |  |  | $ | 25,041,000 |
Provision for income taxes |  | 19,000 |  |  | — |  |  | 3,850,000 |  |  | 3,869,000 |
Interest (income) and other |  | 75,000 |  |  | (41,000) |  |  | 1,000 |  |  | 35,000 |
Write-off of deferred financing costs |  | — |  |  | — |  |  | 3,217,000 |  |  | 3,217,000 |
Interest expense |  | 71,000 |  |  | 9,000 |  |  | 9,165,000 |  |  | 9,245,000 |
Amortization of stock-based compensation |  | — |  |  | — |  |  | 11,427,000 |  |  | 11,427,000 |
Amortization of intangibles |  | 14,944,000 |  |  | 3,376,000 |  |  | — |  |  | 18,320,000 |
Depreciation |  | 9,265,000 |  |  | 1,891,000 |  |  | 771,000 |  |  | 11,927,000 |
Estimated contract settlement costs |  | 6,351,000 |  |  | — |  |  | — |  |  | 6,351,000 |
Settlement of intellectual property litigation |  | — |  |  | — |  |  | (3,204,000) |  |  | (3,204,000) |
Acquisition plan expenses |  | — |  |  | — |  |  | 5,871,000 |  |  | 5,871,000 |
Facility exit costs |  | — |  |  | 1,373,000 |  |  | — |  |  | 1,373,000 |
Adjusted EBITDA |  | $ | 66,613,000 |  |  | 35,637,000 |  |  | (8,778,000) |  |  | $ | 93,472,000 |
Purchases of property, plant and equipment |  | $ | 6,293,000 |  |  | 1,902,000 |  |  | 590,000 |  |  | $ | 8,785,000 |
Long-lived assets acquired in connection with acquisitions |  | $ | 60,693,000 |  |  | — |  |  | — |  |  | $ | 60,693,000 |
Total assets at July 31, 2019 |  | $ | 662,580,000 |  |  | 186,438,000 |  |  | 38,693,000 |  |  | $ | 887,711,000 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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