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Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Cash flows from operating activities:    
Net loss $ (27,858,000) $ (81,635,000)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization of property, plant and equipment 4,575,000 5,009,000
Amortization of intangible assets with finite lives 10,698,000 10,361,000
Amortization of stock-based compensation 2,904,000 1,986,000
CEO transition costs related to equity-classified stock-based awards 7,388,000 0
Amortization of deferred financing costs 405,000 368,000
Change in fair value of convertible preferred stock purchase option liability (702,000) 0
Changes in other liabilities (2,066,000) (3,756,000)
(Gain) / loss on disposal of property, plant and equipment (147,000) 29,000
Provision for allowance for doubtful accounts 12,000 204,000
Provision for excess and obsolete inventory 2,241,000 2,444,000
Deferred income tax benefit (2,049,000) (287,000)
Other 0 (225,000)
Changes in assets and liabilities, net of effects of business acquisitions:    
Accounts receivable 19,337,000 (23,736,000)
Inventories (12,157,000) (1,772,000)
Prepaid expenses and other current assets 602,000 2,124,000
Other assets (765,000) (115,000)
Accounts payable (4,501,000) 14,481,000
Accrued expenses and other current liabilities 7,028,000 (6,734,000)
Contract liabilities 12,617,000 15,210,000
Other liabilities, non-current (3,443,000) 3,687,000
Interest payable (56,000) 102,000
Income taxes payable (4,512,000) (1,117,000)
Net cash provided by (used in) operating activities 9,551,000 (63,372,000)
Cash flows from investing activities:    
Purchases of property, plant and equipment (8,811,000) (3,686,000)
Net cash used in investing activities (8,811,000) (4,436,000)
Cash flows from financing activities:    
Proceeds from issuance of convertible preferred stock 100,000,000 0
Net (payments) borrowings of long-term debt under Credit Facility (86,500,000) 58,500,000
Remittance of employees' statutory tax withholding for stock awards (4,724,000) (2,740,000)
Cash dividends paid on common stock (5,755,000) (5,237,000)
Payment of convertible preferred stock issuance costs (4,007,000) 0
Payment of deferred financing costs (140,000) 0
Repayment of principal amounts under finance lease liabilities (11,000) (28,000)
Proceeds from issuance of employee stock purchase plan shares 454,000 369,000
Net cash (used in) provided by financing activities (683,000) 50,864,000
Net increase (decrease) in cash and cash equivalents 57,000 (16,944,000)
Cash and cash equivalents at beginning of period 30,861,000 47,878,000
Cash and cash equivalents at end of period 30,918,000 30,934,000
Cash paid (received) during the period for:    
Interest 2,101,000 3,208,000
Income taxes, net 1,205,000 (991,000)
Non-cash investing and financing activities:    
Unpaid additions to property, plant and equipment 2,904,000 1,132,000
Cash dividends declared on common stock but unpaid (including accrual of dividend equivalents) 2,857,000 2,686,000
Issuance of restricted stock 13,000 4,000
Accrued remittance of employees' statutory tax withholdings 1,250,000 0
Establishment of initial convertible preferred stock purchase option liability 1,005,000 0
Adjustment to reflect redemption value of convertible preferred stock 6,879,000 0
CGC    
Cash flows from investing activities:    
Payment for acquisition of CGC, net of cash acquired $ 0 $ (750,000)