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Income Taxes (Tables)
12 Months Ended
Jul. 31, 2015
Net Deferred Tax Assets

The components of the Company’s net deferred tax assets at July 31, 2015 and 2014 are as follows (in thousands):

 

     July 31,  
     2015      2014  

Deferred tax assets:

     

Net operating loss carryforwards

   $ 298,924       $ 298,426   

Credit carryforwards

     21,301         21,301   

Restructuring and related accruals

     3,502         3,502   

Capital loss carryforwards

     672         672   

Depreciation

     971         971   

Other, net

     695         695   
  

 

 

    

 

 

 

Total net deferred tax assets

     326,065         325,567   

Valuation allowance

     (326,065      (325,567
  

 

 

    

 

 

 

Net deferred tax assets

   $ —         $ —     
  

 

 

    

 

 

 
Reconciliation of Beginning and Ending Amount of Gross Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows (in thousands):

 

     2015      2014  

Beginning balance

   $ 1,786       $ 1,742   

Increase for current year

     82         83   

Reductions related to expiration of statute of limitations

     (281      (39
  

 

 

    

 

 

 

Ending balance

   $ 1,587       $ 1,786