Acquisition of Versature Corp. (Tables)

12 Months Ended

Jul. 31, 2019

Business Combinations [Abstract]

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

(in thousands)
Trade accounts receivable	$	370
Prepaid expenses		65
Property, plant and equipment		1,826
Non-compete agreement		600
Customer relationships		3,003
Tradename		490
Other assets		486
Trade accounts payable		(81	)
Accrued expenses		(523	)
Other liabilities		(710	)
Net assets excluding cash acquired	$	5,526
Supplemental information:
Cash paid	$	5,943
Cash acquired		(417	)
Total consideration, net of cash acquired	$	5,526

Schedule of business acquisition pro forma information

Year ended July 31 (in thousands)	2019		2018		2017
Revenues	$	1,410,056	$	1,553,815	$	1,506,758
Net income	$	121	$	5,148	$	9,185