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Stock-Based Compensation (Tables)
12 Months Ended
Jul. 31, 2016
Stock-Based Compensation [Abstract]  
Schedule of risk free rate based on U.S. Treasury yield curve effect at time of grant

Year ended July 31

 

2015

 

ASSUMPTIONS

 

 

 

 

Average risk-free interest rate          

 

 

1.63

%

Expected dividend yield    

 

 

 

Expected volatility             

 

 

51.4

%

Expected term     

 

 

6.0 years

 

Summary of stock option activity

 

 

 

Number of
Options
(in thousands)

 

 

Weighted-
Average
Exercise
Price

 

 

Weighted-
Average
Remaining
Contractual
Term (in years)

 

 

Aggregate
Intrinsic Value
(in thousands)

 

Outstanding at July 31, 2015           

 

 

424

 

 

$

14.58

 

 

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised              

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cancelled / Forfeited         

 

 

(64

)

 

 

14.59

 

 

 

 

 

 

 

 

 

OUTSTANDING AT JULY 31, 2016           

 

 

360

 

 

$

11.98

 

 

 

6.3

 

 

$

1,267

 

EXERCISABLE AT JULY 31, 2016           

 

 

193

 

 

$

13.55

 

 

 

4.7

 

 

$

415

 

Summary of grants of restricted shares of class B common stock

(in thousands)

 

Number of
Non-vested
Shares

 

 

Weighted-
Average
Grant-
Date Fair
Value

 

Non-vested shares at July 31, 2015

 

 

420

 

 

$

17.50

 

Granted

 

 

18

 

 

 

12.97

 

Vested   

 

 

(73

)

 

 

18.41

 

Forfeited               

 

 

(6

)

 

 

17.61

 

NON-VESTED SHARES AT JULY 31, 2016             

 

 

359

 

 

$

17.10