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Unaudited Quarterly Financial Data (Tables)
12 Months Ended
Jul. 31, 2018
Selected Quarterly Financial Information [Abstract]  
Unaudited Quarterly Financial Data
The following is a summary of unaudited quarterly operating results. Our historical results prior to February 23, 2016 do not include TCS; as such, you should not rely on period-to-period comparisons as an indicator of future performance as these comparisons may not be meaningful.
Fiscal 2018
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Total
 
 
Net sales
 
$
121,569,000

 
133,731,000

 
147,854,000

 
167,435,000

 
$
570,589,000

 
 
Gross profit
 
47,716,000

 
50,801,000

 
62,436,000

 
62,988,000

 
223,941,000

 
 
Net (loss) income
 
(1,660,000
)
 
15,761,000

 
8,210,000

 
7,458,000

 
29,769,000

 
 
Diluted (loss) income per share
 
(0.07
)
 
0.66

 
0.34

 
0.31

 
1.24

 
 

Fiscal 2017
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Total
 
 
Net sales
 
$
135,786,000

 
139,028,000

 
127,792,000

 
147,762,000

 
$
550,368,000

 
 
Gross profit
 
52,108,000

 
53,204,000

 
52,461,000

 
60,412,000

 
218,185,000

 
 
Net (loss) income
 
(2,489,000
)
 
6,585,000

 
4,417,000

 
7,314,000

 
15,827,000

 
 
Diluted (loss) income per share
 
(0.11
)
 
0.28

 
0.19

 
0.31

 
0.67

 
 

Fiscal 2016
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Total
 
 
Net sales
 
$
64,117,000

 
70,323,000

 
124,187,000

 
152,377,000

 
$
411,004,000

 
 
Gross profit
 
28,202,000

 
29,438,000

 
51,391,000

 
62,206,000

 
171,237,000

 
 
Net income (loss)
 
1,439,000

 
2,476,000

 
(14,355,000
)
 
2,702,000

 
(7,738,000
)
 
 
Diluted income (loss) per share
 
0.09

 
0.15

 
(0.89
)
 
0.14

 
(0.46
)
 
*


* The per share information is computed independently for each quarter and the full year based on the respective weighted average number of common shares outstanding. Therefore, income per share information for the full fiscal year may not equal the total of the quarters within the year.