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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jan. 31, 2017
Jan. 31, 2016
Jan. 31, 2017
Jan. 31, 2016
Income Statement [Abstract]        
Net sales $ 139,028,000 $ 70,323,000 $ 274,814,000 $ 134,440,000
Cost of sales 85,824,000 40,885,000 169,502,000 76,800,000
Gross profit 53,204,000 29,438,000 105,312,000 57,640,000
Expenses:        
Selling, general and administrative 30,988,000 17,390,000 63,673,000 34,108,000
Research and development 13,314,000 7,663,000 27,410,000 15,603,000
Settlement of intellectual property litigation (9,979,000) 0 (9,979,000) 0
Amortization of intangibles 6,032,000 1,196,000 12,087,000 2,572,000
Total operating expenses 40,355,000 26,249,000 93,191,000 52,283,000
Operating income 12,849,000 3,189,000 12,121,000 5,357,000
Other expenses (income):        
Interest expense and other 2,852,000 73,000 6,177,000 148,000
Interest income and other (74,000) (110,000) (76,000) (222,000)
Income before provision for income taxes 10,071,000 3,226,000 6,020,000 5,431,000
Provision for income taxes 3,486,000 750,000 1,924,000 1,516,000
Net income $ 6,585,000 $ 2,476,000 $ 4,096,000 $ 3,915,000
Net income per share (See Note 5):        
Basic (in dollars per share) $ 0.28 $ 0.15 $ 0.17 $ 0.24
Diluted (in dollars per share) $ 0.28 $ 0.15 $ 0.17 $ 0.24
Weighted average number of common shares outstanding – basic (in shares) 23,428,000 16,186,000 23,406,000 16,178,000
Weighted average number of common and common equivalent shares outstanding – diluted (in shares) 23,445,000 16,205,000 23,427,000 16,201,000
Dividends declared per issued and outstanding common share as of the applicable dividend record date (in dollars per share) $ 0.1 $ 0.3 $ 0.4 $ 0.6