XML 76 R55.htm IDEA: XBRL DOCUMENT v3.10.0.1
Secured Credit Facility (Details)
12 Months Ended
Jun. 06, 2017
USD ($)
$ / shares
Jul. 31, 2018
USD ($)
Jul. 31, 2017
USD ($)
Jul. 31, 2016
USD ($)
Feb. 23, 2016
USD ($)
Line of Credit Facility [Line Items]          
Repayment of long-term debt under Term Loan Facility   $ 18,960,000 $ 33,567,000 $ 77,353,000  
Current portion of long-term debt   17,211,000 15,494,000    
Non-current portion of long-term debt, net   148,087,000 176,228,000    
Outstanding standby letters of credit at period end   3,166,000      
Outstanding commercial letters of credit at period end   0      
Targeted quarterly dividend per share (in usd per share) | $ / shares $ 0.10        
Secured Credit Facility          
Line of Credit Facility [Line Items]          
Line of credit facility, maximum borrowing capacity         $ 400,000,000
Long-term Debt   165,298,000 191,722,000    
Current portion of long-term debt   17,211,000 15,494,000    
Non-current portion of long-term debt, net   148,087,000 176,228,000    
Interest expense related to credit facility   $ 9,614,000 $ 11,106,000 $ 6,933,000  
Weighted average interest rate   5.40% 4.90% 5.00%  
Maximum amount of available cash on hand in leverage ratio calculation prior to the June 2017 amendment $ 50,000,000        
Term Loan Facility | Secured Credit Facility          
Line of Credit Facility [Line Items]          
Line of credit facility, maximum borrowing capacity         250,000,000
Repayment of long-term debt under Term Loan Facility   $ 18,960,000 $ 33,567,000    
Balloon payment paid $ 22,500,000        
Long-term debt, gross   120,121,000 139,080,000    
Net deferred financing cost recorded as a direct deduction of non-current portion of debt   3,427,000 4,763,000    
Long-term Debt   116,694,000 134,317,000    
Revolving Loan Facility | Secured Credit Facility          
Line of Credit Facility [Line Items]          
Line of credit facility, maximum borrowing capacity         150,000,000
Long-term Debt   $ 48,604,000 $ 57,405,000    
Revolving Loan Facility | Letter of Credit          
Line of Credit Facility [Line Items]          
Line of credit facility, maximum borrowing capacity         $ 25,000,000
June 2017 Amendment To Credit Facility | Secured Credit Facility          
Line of Credit Facility [Line Items]          
Fixed coverage ratio   2.33      
Leverage ratio   2.19      
Maximum leverage ratio   3.0      
Federal Funds Effective Swap Rate | Revolving Loan Facility | Secured Credit Facility          
Line of Credit Facility [Line Items]          
Basis spread on variable rate   0.50%      
Adjusted LIBO Rate | Revolving Loan Facility | Secured Credit Facility          
Line of Credit Facility [Line Items]          
Basis spread on variable rate   1.00%      
Minimum | Revolving Loan Facility | Secured Credit Facility          
Line of Credit Facility [Line Items]          
Long-term Debt   $ 34,904,000      
Minimum | June 2017 Amendment To Credit Facility | Secured Credit Facility          
Line of Credit Facility [Line Items]          
Fixed coverage ratio   1.25      
Maximum | Revolving Loan Facility | Secured Credit Facility          
Line of Credit Facility [Line Items]          
Long-term Debt   $ 66,804,000