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Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jan. 31, 2017
Jan. 31, 2016
Cash flows from operating activities:    
Net income $ 4,096,000 $ 3,915,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property, plant and equipment 7,317,000 2,996,000
Amortization of intangible assets with finite lives 12,087,000 2,572,000
Amortization of stock-based compensation 1,989,000 2,125,000
Amortization of deferred financing costs 968,000 0
Settlement of intellectual property litigation (9,979,000) 0
Gain on disposal of property, plant and equipment (146,000) (2,000)
Provision for allowance for doubtful accounts 433,000 520,000
Provision for excess and obsolete inventory 1,061,000 1,294,000
Excess income tax benefit from stock-based award exercises (61,000) (5,000)
Deferred income tax expense (benefit) 4,307,000 (2,479,000)
Changes in assets and liabilities, net of effects of business acquisition:    
Accounts receivable 24,989,000 14,986,000
Inventories (875,000) 2,369,000
Prepaid expenses and other current assets 409,000 1,836,000
Other assets 201,000 11,000
Accounts payable (8,572,000) 2,555,000
Accrued expenses and other current liabilities (4,126,000) (484,000)
Customer advances and deposits (2,989,000) (8,112,000)
Other liabilities, non-current (749,000) (269,000)
Interest payable (471,000) 0
Income taxes payable (4,525,000) (436,000)
Net cash provided by operating activities 25,364,000 23,392,000
Cash flows from investing activities:    
Purchases of property, plant and equipment (4,147,000) (1,463,000)
Net cash used in investing activities (4,147,000) (1,463,000)
Cash flows from financing activities:    
Repayment of long-term debt under Term Loan Facility (4,427,000) 0
Net payments under Revolving Loan Facility (4,100,000) 0
Repayment of principal amounts under capital lease obligations (1,853,000) 0
Cash dividends paid (14,177,000) (9,691,000)
Payment of issuance costs related to equity offering (626,000) (78,000)
Payment of deferred financing costs (104,000) 0
Proceeds from issuance of employee stock purchase plan shares 348,000 348,000
Excess income tax benefit from stock-based award exercises 61,000 5,000
Net cash used in financing activities (24,878,000) (9,416,000)
Net (decrease) increase in cash and cash equivalents (3,661,000) 12,513,000
Cash and cash equivalents at beginning of period 66,805,000 150,953,000
Cash and cash equivalents at end of period 63,144,000 163,466,000
Cash paid during the period for:    
Interest 5,538,000 0
Income taxes 2,143,000 4,431,000
Non-cash investing and financing activities:    
Cash dividends declared but unpaid (including accrual of dividend equivalents) 2,522,000 5,206,000
Accrued additions to property, plant and equipment 1,147,000 0
Issuance of restricted stock 15,000 0
Accrued Deferred Financing Costs 0 759,000
Accrued Shelf Registration Costs $ 0 $ 235,000