Acquisition of Versature Corp (Tables)

3 Months Ended

Oct. 31, 2018

Acquisition of Versature Corp [Abstract]

Schedule of consolidated balance sheet and acquisition date fair value of total consideration transferred

Trade accounts receivable	$	370
Prepaid expenses		65
Property, plant and equipment		1,826
Non-compete agreement		600
Customer relationships		2,930
Tradename		490
Other assets		486
Trade accounts payable		(81	)
Accrued expenses		(523	)
Other liabilities		(710	)
Net assets excluding cash acquired	$	5,453
Supplemental information:
Cash paid	$	5,870
Cash acquired		(417	)
Total consideration, net of cash acquired	$	5,453

Schedule of business acquisition pro forma information

	Three Months Ended October 31,
	2018			2017
	(in thousands)
Revenues	$	363,200		$	399,875
Net income (loss)	$	(1,356	)	$	(1,411	)