XML 49 R36.htm IDEA: XBRL DOCUMENT v3.22.0.1

Stock-Based Compensation (Tables)

6 Months Ended

Jan. 31, 2022

Share-based Payment Arrangement [Abstract]

Summary of stock-based awards outstanding by award type

As of January 31, 2022, the following stock-based awards, by award type, were outstanding:

			January 31, 2022
Stock options			1,005,935
Performance shares			341,652
RSUs, restricted stock and share units			704,953
Total			2,052,540

Stock-based compensation for awards detailing where recorded in Consolidated Statement of Operations

Stock-based compensation for awards issued is reflected in the following line items in our Condensed Consolidated Statements of Operations:

						Three months ended January 31,												Six months ended January 31,
						2022						2021						2022						2021
Cost of sales						$	76,000					59,000						$	149,000					132,000
Selling, general and administrative expenses						1,836,000						1,158,000						2,608,000						1,700,000
Research and development expenses						71,000						70,000						147,000						154,000
Stock-based compensation expense						1,983,000						1,287,000						2,904,000						1,986,000
CEO transition costs related to equity-classified stock-based awards						7,388,000						—						7,388,000						—
Total stock-based compensation expense before income tax benefit						9,371,000						1,287,000						10,292,000						1,986,000
Estimated income tax benefit						(1,030,000)						(280,000)						(1,223,000)						(424,000)
Net stock-based compensation expense						$	8,341,000					1,007,000						$	9,069,000					1,562,000

Summary of stock-based compensation expense by award type

Stock-based compensation expense, by award type, is summarized as follows:

						Three months ended January 31,												Six months ended January 31,
						2022						2021						2022						2021
Stock options						$	364,000					97,000						$	442,000					217,000
Performance shares						364,000						443,000						713,000						665,000
RSUs, restricted stock and share units						1,200,000						699,000						1,639,000						1,005,000
ESPP						55,000						48,000						110,000						99,000
Stock-based compensation expense						1,983,000						1,287,000						2,904,000						1,986,000
CEO transition costs related to equity-classified stock-based awards						7,388,000						—						7,388,000						—
Total stock-based compensation expense before income tax benefit						9,371,000						1,287,000						10,292,000						1,986,000
Estimated income tax benefit						(1,030,000)						(280,000)						(1,223,000)						(424,000)
Net stock-based compensation expense						$	8,341,000					1,007,000						$	9,069,000					1,562,000

Summary of the Plan's activity relating to stock options

The following table summarizes the Plan's activity:

						Awards (in Shares)						Weighted Average Exercise Price						Weighted Average Remaining Contractual Term (Years)						Aggregate Intrinsic Value
Outstanding at July 31, 2021						1,073,435						$	25.76
Expired/canceled						(56,250)						27.59
Exercised						(1,220)						17.88
Outstanding at October 31, 2021						1,015,965						25.66
Expired/canceled						(10,030)						27.14
Outstanding at January 31, 2022						1,005,935						$	25.65					2.46						$	716,000
Exercisable at January 31, 2022						888,575						$	26.68					1.68						$	429,000
Vested and expected to vest at January 31, 2022						999,147						$	25.70					2.42						$	699,000

Summary of the Plan's activity relating to performance shares, RSUs, restricted stock and share units

The following table summarizes the Plan's activity relating to performance shares, RSUs, restricted stock and share units:

						Awards (in Shares)						Weighted Average Grant Date Fair Value						Aggregate Intrinsic Value
Outstanding at July 31, 2021						1,068,370						$	21.93
Granted						228,161						26.81
Settled						(190,310)						23.97
Canceled/Forfeited						(40,880)						23.15
Outstanding at October 31, 2021						1,065,341						22.56
Granted						187,658						23.35
Settled						(191,238)						22.47
Canceled/Forfeited						(15,156)						21.88
Outstanding at January 31, 2022						1,046,605						$	22.73					$	21,277,000
Vested at January 31, 2022						444,490						$	22.12					$	9,036,000
Vested and expected to vest at January 31, 2022						1,009,648						$	22.71					$	20,526,000

X

- Definition

Tabular disclosure of stock-based awards outstanding by award type at period end.

+ References

No definition available.

+ Details

Name:	cmtl_ScheduleofStockBasedAwardsOutstandingbyAwardTypeTableTextBlock
Namespace Prefix:	cmtl_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of share-based payment arrangement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 14.F)
-URI http://asc.fasb.org/extlink&oid=122041274&loc=d3e301413-122809

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901

+ Details

Name:	us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock options and stock appreciation rights that were outstanding at the beginning and end of the year, exercisable at the end of the year, and the number of stock options and stock appreciation rights that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsAndStockAppreciationRightsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration