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Other Operating (Expense) Gain, Net | 12 Months Ended
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Jul. 31, 2022
Other Income and Expenses [Abstract] |
Other Operating (Expense) Gain, Net | Note 14—Other Operating (Expense) Gain, Net The following table summarizes the other operating (expense) gain, net by business segment: Schedule of Other Operating (Expense) Gain, Net
Year ended July 31 (in thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |
Corporate —Straight Path Communications Inc. class action legal fees |  | $ | (7,671 | ) |  | $ | (2,876 | ) |  | $ | (3,658 | )
Corporate —Straight Path Communications Inc. class action insurance claims |  |  | 6,635 |  |  |  | 3,101 |  |  |  | 3,127 |
Fintech—other |  |  | 20 |  |  |  | 45 |  |  |  | — |
net2phone—write-off of contingent consideration liability |  |  | 303 |  |  |  | — |  |  |  | — |
net2phone—other |  |  | (10 | ) |  |  | (100 | ) |  |  | (638 | )
Traditional Communications—gain from sale of rights under class action lawsuit |  |  | — |  |  |  | 2,000 |  |  |  | — |
Traditional Communications—net2phone indemnification claim |  |  | (96 | ) |  |  | (472 | ) |  |  | (1,244 | )
Traditional Communications— accrual for non-income related taxes related to a foreign subsidiary |  |  | — |  |  |  | — |  |  |  | (2,150 | )
Traditional Communications—other |  |  | (7 | ) |  |  | (967 | ) |  |  | (500 | )
TOTAL |  | $ | (826 | ) |  | $ | 731 |  |  | $ | (5,063 | )
Straight Path Communications Inc. Class Action As discussed in Note 23, the Company (as well as other defendants) has been named in a pending putative class action on behalf of the stockholders of the Company’s former subsidiary, Straight Path Communications Inc. (“Straight Path”), and a derivative complaint. The Company incurred legal fees and recorded offsetting gains from insurance claims related to this action in fiscal 2022, fiscal 2021, and fiscal 2020. Write-off of Contingent Consideration In fiscal 2022, the Company determined that the requirements for a contingent consideration payment related to an acquisition consummated in December 2019 would not be met before the expiration date for such contingency. The Company recognized a gain on the write-off of the contingent consideration payment obligation. Gain from Sale of Rights under Class Action Lawsuit On December 21, 2020, the Company received $2.0 million from the sale to a third party of all its rights under the Payment Card Interchange Fee and Merchant Discount Antitrust Litigation related to claims that merchants paid excessive fees to accept Visa and Mastercard cards between January 1, 2004 and January 25, 2019. Indemnification Claim Beginning in June 2019, as part of a commercial resolution, the Company indemnified a net2phone cable telephony customer related to patent infringement claims brought against the customer. Accrual for Non-Income Related Taxes In fiscal 2020, the Company recorded an accrual for non-income related taxes related to one of its foreign subsidiaries.

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