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Acquisitions (Tables)
9 Months Ended
Apr. 30, 2021
Business Acquisition [Line Items]  
Schedule of Acquisition Date Fair Value of Consideration

The acquisition date fair value of the consideration consisted of the following (in thousands):

 

    December 03 2020 
Cash paid  $2,732 
Cash acquired   (344)
Cash paid, net of cash acquired   2,388 
Contingent consideration   393 
Total fair value of consideration, net of cash acquired  $2,781 
Schedule of Impact of Acquisition's Purchase Price Allocations on Consolidated Balance Sheet

The impact of the acquisition’s purchase price allocations on the Company’s consolidated balance sheet was as follows (in thousands):

 

    April 30, 2020 
Trade accounts receivable  $656 
Prepaid expenses   1,644 
Property, plant and equipment   75 
Goodwill   

2,025

 
Customer relationships (15-year useful lives)   1,960 
Tradenames (20-year useful lives)   440 
Deferred income tax assets   197 
Other assets   30 
Trade accounts payable   (1,306)
Accrued expenses   (423)
Other current liabilities   (329)
Noncontrolling interests   (2,188)
Net assets excluding cash acquired  $2,781 
Ringsouth Europa SL [Member]  
Business Acquisition [Line Items]  
Schedule of Acquisition Date Fair Value of Consideration

 

    December 11, 2019 
Cash paid  $450 
Contingent consideration   375 
Total fair value of consideration  $825