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Acquisitions (Tables) | 9 Months Ended
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Apr. 30, 2021
Business Acquisition [Line Items] |
Schedule of Acquisition Date Fair Value of Consideration | The acquisition date fair value of the consideration consisted of the following (in thousands): Schedule of Acquisition Date Fair Value of Consideration
|  |  | December 03 2020 |
Cash paid |  | $ | 2,732 |
Cash acquired |  |  | (344 | )
Cash paid, net of cash acquired |  |  | 2,388 |
Contingent consideration |  |  | 393 |
Total fair value of consideration, net of cash acquired |  | $ | 2,781 |
Schedule of Impact of Acquisition's Purchase Price Allocations on Consolidated Balance Sheet | The impact of the acquisition’s purchase price allocations on the Company’s consolidated balance sheet was as follows (in thousands): Schedule of Impact of Acquisition's Purchase Price Allocations on Consolidated Balance Sheet
|  |  | April 30, 2020 |
Trade accounts receivable |  | $ | 656 |
Prepaid expenses |  |  | 1,644 |
Property, plant and equipment |  |  | 75 |
Goodwill |  |  | 2,025 |
Customer relationships (15-year useful lives) |  |  | 1,960 |
Tradenames (20-year useful lives) |  |  | 440 |
Deferred income tax assets |  |  | 197 |
Other assets |  |  | 30 |
Trade accounts payable |  |  | (1,306 | )
Accrued expenses |  |  | (423 | )
Other current liabilities |  |  | (329 | )
Noncontrolling interests |  |  | (2,188 | )
Net assets excluding cash acquired |  | $ | 2,781 |
Ringsouth Europa SL [Member] |
Business Acquisition [Line Items] |
Schedule of Acquisition Date Fair Value of Consideration | Schedule of Acquisition Date Fair Value of Consideration
|  |  | December 11, 2019 |
Cash paid |  | $ | 450 |
Contingent consideration |  |  | 375 |
Total fair value of consideration |  | $ | 825 |

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- Definition Tabular disclosure of contingent payment arrangements including the terms that will result in payment and the accounting treatment that will be followed if such contingencies occur, including the potential impact on earnings per share if contingencies are to be settled in common stock of the entity. The description also may include the period over which amounts are expected to be paid, and changes in the amount since the previous reporting period. This also includes contingent options and commitments. + References No definition available. + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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