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Other Operating Income, Net
 3 Months Ended
Oct. 31, 2025
Other Income and Expenses [Abstract]  
Other Operating Income, Net

Note 10—Other Operating Income, Net

 

The following table summarizes the other operating income, net by business segment:

  

    2025    2024 
    

Three Months Ended

October 31,

 
    2025    2024 
    (in thousands) 
Corporate—Straight Path Communications Inc. class action legal fees  $(524)  $— 
Corporate—Straight Path Communications Inc. class action insurance claims   

1,237

    — 
Corporate—NRS legal fees   (176)   — 
Telecom - other   52      
           
Total  $

589

   $— 

 

Straight Path Communications Inc. Class Action

 

As disclosed in Note 16, the Company and other parties were named in a putative class action and derivative complaint related to Straight Path Communications Inc. filed in the Court of Chancery of the State of Delaware. The Court dismissed all claims against the Company, and found that, contrary to the plaintiffs’ allegations, the class suffered no damages. The plaintiffs filed an appeal to which the Company answered. Oral argument was held on October 22, 2025 and on December 3, 2025, the Delaware Supreme Court affirmed the favorable decision of the Court of Chancery that dismissed all claims against the Company and found that Plaintiff and the class suffered no damages.