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Stock-Based Compensation (Tables)

12 Months Ended

Jul. 31, 2024

Share-Based Payment Arrangement [Abstract]

Summary of stock-based awards outstanding by award type

As of July 31, 2024, the following stock-based awards, by award type, were outstanding:

			July 31, 2024
Stock options			141,190
Performance shares			380,680
RSUs, restricted stock, share units and other stock-based awards			1,419,608
Total			1,941,478

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 Consolidated Statements of Operations:

						Fiscal Years Ended July 31,
						2024						2023						2022
Cost of sales						$	778,000					1,110,000						692,000
Selling, general and administrative expenses						4,777,000						7,960,000						6,312,000
Research and development expenses						541,000						1,037,000						763,000
Stock-based compensation expense before CEO transition      costs						6,096,000						10,107,000						7,767,000
CEO transition costs related to equity-classified stock-based      awards						—						3,764,000						7,388,000
Total stock-based compensation expense before income tax      benefit						6,096,000						13,871,000						15,155,000
Estimated income tax benefit						(1,298,000)						(2,552,000)						(2,260,000)
Net stock-based compensation expense						$	4,798,000					11,319,000						12,895,000

Summary of stock-based compensation expense by award type

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

						Fiscal Years Ended July 31,
						2024						2023						2022
Stock options						$	60,000					87,000						519,000
Performance shares						480,000						973,000						1,136,000
RSUs, restricted stock, share units and other stock-based awards						5,477,000						8,926,000						5,912,000
ESPP						79,000						121,000						200,000
Stock based compensation expense before CEO transition costs						6,096,000						10,107,000						7,767,000
CEO transition costs related to equity-classified stock-based     awards						—						3,764,000						7,388,000
Total stock-based compensation expense before income tax benefit						6,096,000						13,871,000						15,155,000
Estimated income tax benefit						(1,298,000)						(2,552,000)						(2,260,000)
Net stock-based compensation expense						$	4,798,000					11,319,000						12,895,000

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						(588,735)						26.86
Exercised						(1,220)						17.88
Outstanding at July 31, 2022						483,480						24.43
Expired/canceled						(242,970)						24.89
Outstanding at July 31, 2023						240,510						23.96
Expired/canceled						(99,320)						28.72
Outstanding at July 31, 2024						141,190						$	20.61					4.51						$	—
Exercisable at July 31, 2024						129,840						$	20.84					4.39						$	—
Vested and expected to vest at July 31, 2024						139,975						$	20.63					4.50						$	—

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, share units and other stock-based awards:

						Awards (in Shares)						Weighted Average Grant Date Fair Value						Aggregate Intrinsic Value
Outstanding at July 31, 2021						1,068,370						$	21.93
Granted						797,771						18.77
Settled						(641,747)						22.83
Canceled/Forfeited						(113,644)						22.78
Outstanding at July 31, 2022						1,110,750						19.05
Granted						1,550,951						10.79
Settled						(632,267)						16.69
Canceled/Forfeited						(153,204)						16.67
Outstanding at July 31, 2023						1,876,230						13.21
Granted						1,731,760						6.71
Settled						(1,042,860)						9.77
Canceled/Forfeited						(764,842)						9.28
Outstanding at July 31, 2024						1,800,288						$	10.61					$	5,833,000
Vested at July 31, 2024						583,209						$	12.30					$	1,890,000
Vested and expected to vest at July 31, 2024						1,739,662						$	10.61					$	5,637,000

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