XML 28 R18.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Other Operating Gain (Expense), Net | 3 Months Ended
--- | ---
Oct. 31, 2022
Other Income and Expenses [Abstract] |
Other Operating Gain (Expense), Net | Note 10—Other Operating Gain (Expense), Net The following table summarizes the other operating gain (expense), net by business segment: Schedule of Other Operating Expense, Net
|  | 2022 |  |  | 2021 |
|  | Three Months Ended October 31,
|  | 2022 |  |  | 2021 |
|  | (in thousands)
Corporate—Straight Path Communications Inc. class action legal fees |  | $ | (2,512 | ) |  | $ | (978 | )
Corporate—Straight Path Communications Inc. class action insurance claims |  |  | 1,725 |  |  |  | 915 |
Fintech—write-off of contingent consideration liability |  |  | 1,565 |  |  |  | — |
Fintech—other |  |  | 33 |  |  |  | — |
Traditional Communications—cable telephony customer indemnification claim |  |  | (11 | ) |  |  | (25 | )
Total other operating gain (expense), net |  | $ | 800 |  |  | $ | (88 | )
Straight Path Communications Inc. Class Action As discussed in Note 16, 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 the three months ended October 31, 2022 and 2021. Write-off of Contingent Consideration Liability In September 2022, the Company determined that the requirements for a portion of the contingent consideration payments related to the Leaf acquisition would not be met. The Company recognized a gain on the write-off of this contingent consideration payment obligation. Indemnification Claim Beginning in June 2019, as part of a commercial resolution, the Company indemnified a cable telephony customer related to patent infringement claims brought against the customer.

X
- References No definition available. + Details
Name: | us-gaap_OtherIncomeAndExpensesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other operating income and other operating expense items. + References No definition available. + Details
Name: | us-gaap_OtherOperatingIncomeAndExpenseTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration