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Income Taxes (Tables) | 12 Months Ended
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Jul. 31, 2020
Income Tax Disclosure [Abstract] |
Schedule of income before income taxes |
Year ended July 31 (in thousands) |  | 2020 |  |  | 2019 |
Domestic |  | $ | 13,380 |  |  | $ | 6,827 |
Foreign |  |  | 4,338 |  |  |  | (6,374 | )
INCOME BEFORE INCOME TAXES |  | $ | 17,718 |  |  | $ | 453 |
Schedule of deferred income tax assets |
July 31 (in thousands) |  | 2020 |  |  | 2019 |
Deferred income tax assets: |  |  |  |  |  |
Bad debt reserve |  | $ | 854 |  |  | $ | 540 |
Accrued expenses |  |  | 2,963 |  |  |  | 3,134 |
Stock options and restricted stock |  |  | 1,226 |  |  |  | 866 |
Charitable contributions |  |  | 659 |  |  |  | 734 |
Depreciation |  |  | (71 | ) |  |  | 151 |
Unrealized gain |  |  | (302 | ) |  |  | (231 | )
Net operating loss |  |  | 62,588 |  |  |  | 72,625 |
Transaction taxes |  |  | — |  |  |  | 2,000 |
Deferred revenue |  |  | (705 | ) |  |  | (1,060 | )
Total deferred income tax assets |  |  | 67,212 |  |  |  | 78,759 |
Valuation allowance |  |  | (58,700 | ) |  |  | (74,170 | )
NET DEFERRED INCOME TAX ASSETS |  | $ | 8,512 |  |  | $ | 4,589 |
Schedule of benefit from (provision for) income taxes |
Year ended July 31 (in thousands) |  | 2020 |  |  | 2019 |
Current: |  |  |  |  |  |
Federal |  | $ | — |  |  | $ | — |
State and local |  |  | (46 | ) |  |  | (15 | )
Foreign |  |  | (177 | ) |  |  | 971 |
|  |  | (223 | ) |  |  | 956 |
Deferred: |  |  |  |  |  |  |  |
Federal |  |  | 8,345 |  |  |  | — |
State and local |  |  | 12 |  |  |  | 1 |
Foreign |  |  | (4,434 | ) |  |  | (1,080 | )
|  |  | 3,923 |  |  |  | (1,079 | )
BENEFIT FROM (PROVISION FOR) INCOME TAXES |  | $ | 3,700 |  |  | $ | (123 | )
Schedule of U.S. federal statutory income tax rate and income taxes provided |
Year ended July 31 (in thousands) |  | 2020 |  |  | 2019 |
U.S. federal income tax at statutory rate |  | $ | (3,721 | ) |  | $ | (95 | )
Transition tax on foreign earnings |  |  | — |  |  |  | 92 |
Valuation allowance |  |  | 15,470 |  |  |  | 2,008 |
Foreign tax rate differential |  |  | (3,702 | ) |  |  | (2,835 | )
Nondeductible expenses |  |  | (813 | ) |  |  | (657 | )
Other |  |  | 88 |  |  |  | 1 |
Foreign restructuring |  |  | (3,266 | ) |  |  | 2,271 |
Tax law changes |  |  | — |  |  |  | (896 | )
State and local income tax, net of federal benefit |  |  | (356 | ) |  |  | (12 | )
BENEFIT FROM (PROVISION FOR) INCOME TAXES |  | $ | 3,700 |  |  | $ | (123 | )
Schedule of change in the valuation allowance |
Year ended July 31 (in thousands) |  | Balance at beginning of year |  |  | Additions charged to costs and expenses |  |  | Deductions |  |  | Balance at end of year |
2020 |  |  |  |  |  |  |  |  |  |  |  |
Reserves deducted from deferred income taxes, net: |  |  |  |  |  |  |  |  |  |  |  |
Valuation allowance |  | $ | 74,170 |  |  | $ | — |  |  | $ | (15,470 | ) |  | $ | 58,700 |
2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Reserves deducted from deferred income taxes, net: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Valuation allowance |  | $ | 76,020 |  |  | $ | — |  |  | $ | (1,850 | ) |  | $ | 74,170 |

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