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Segment Information (Tables) | 3 Months Ended
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Oct. 31, 2022
Segment Reporting [Abstract] |
Segment Information | Operating segment information, along with a reconciliation of segment net income (loss) and consolidated net income (loss) to Adjusted EBITDA is presented in the tables below:
|  | Three months ended October 31, 2022
|  | Satellite and Space Communications |  | Terrestrial and Wireless Networks |  | Unallocated |  | Total
Net sales |  | $ | 80,873,000 |  |  | 50,266,000 |  |  | — |  |  | $ | 131,139,000 |
Operating income (loss) |  | $ | 5,016,000 |  |  | 744,000 |  |  | (15,484,000) |  |  | $ | (9,724,000) |
Net income (loss) |  | $ | 5,815,000 |  |  | 605,000 |  |  | (17,516,000) |  |  | $ | (11,096,000) |
Benefit from income taxes |  | (222,000) |  |  | (165,000) |  |  | (221,000) |  |  | (608,000) |
Interest (income) and other |  | (575,000) |  |  | 304,000 |  |  | 16,000 |  |  | (255,000) |
Interest expense |  | (2,000) |  |  | — |  |  | 2,237,000 |  |  | 2,235,000 |
Amortization of stock-based compensation |  | — |  |  | — |  |  | 904,000 |  |  | 904,000 |
Amortization of intangibles |  | 1,828,000 |  |  | 3,521,000 |  |  | — |  |  | 5,349,000 |
Depreciation |  | 1,020,000 |  |  | 1,737,000 |  |  | 41,000 |  |  | 2,798,000 |
Amortization of cost to fulfill assets |  | 240,000 |  |  | — |  |  | — |  |  | 240,000 |
CEO transition costs |  | — |  |  | — |  |  | 9,090,000 |  |  | 9,090,000 |
Restructuring costs |  | 1,056,000 |  |  | — |  |  | 269,000 |  |  | 1,325,000 |
Strategic emerging technology costs |  | 746,000 |  |  | — |  |  | — |  |  | 746,000 |
Adjusted EBITDA |  | $ | 9,906,000 |  |  | 6,002,000 |  |  | (5,180,000) |  |  | $ | 10,728,000 |
Purchases of property, plant and equipment |  | $ | 4,435,000 |  |  | 2,542,000 |  |  | 244,000 |  |  | $ | 7,221,000 |
Total assets at October 31, 2022 |  | $ | 486,636,000 |  |  | 467,594,000 |  |  | 23,595,000 |  |  | $ | 977,825,000 |
|  | Three months ended October 31, 2021
|  | Satellite and Space Communications |  | Terrestrial and Wireless Networks |  | Unallocated |  | Total
Net sales |  | $ | 64,560,000 |  |  | 52,199,000 |  |  |  |  | $ | 116,759,000 |
Operating (loss) income |  | $ | (5,313,000) |  |  | 6,102,000 |  |  | (7,304,000) |  |  | $ | (6,515,000) |
Net (loss) income |  | $ | (5,074,000) |  |  | 5,978,000 |  |  | (6,888,000) |  |  | $ | (5,984,000) |
(Benefit from) provision for income taxes |  | (599,000) |  |  | 141,000 |  |  | (1,595,000) |  |  | (2,053,000) |
Interest (income) and other |  | 247,000 |  |  | (18,000) |  |  | (10,000) |  |  | 219,000 |
Change in fair value of convertible preferred stock purchase option liability |  | — |  |  | — |  |  | (304,000) |  |  | (304,000) |
Interest expense |  | 114,000 |  |  | — |  |  | 1,493,000 |  |  | 1,607,000 |
Amortization of stock-based compensation |  | — |  |  | — |  |  | 921,000 |  |  | 921,000 |
Amortization of intangibles |  | 1,828,000 |  |  | 3,521,000 |  |  | — |  |  | 5,349,000 |
Depreciation |  | 825,000 |  |  | 1,364,000 |  |  | 52,000 |  |  | 2,241,000 |
Proxy solicitation costs |  | — |  |  | — |  |  | 2,162,000 |  |  | 2,162,000 |
Restructuring costs |  | 712,000 |  |  | — |  |  | — |  |  | 712,000 |
COVID-19 related costs |  | 674,000 |  |  | — |  |  | — |  |  | 674,000 |
Adjusted EBITDA |  | $ | (1,273,000) |  |  | 10,986,000 |  |  | (4,169,000) |  |  | $ | 5,544,000 |
Purchases of property, plant and equipment |  | $ | 1,037,000 |  |  | 2,601,000 |  |  | — |  |  | $ | 3,638,000 |
Total assets at October 31, 2021 |  | $ | 485,087,000 |  |  | 471,858,000 |  |  | 26,044,000 |  |  | $ | 982,989,000 |

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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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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