Unaudited Quarterly Financial Data (Tables)

12 Months Ended

Jul. 31, 2021

Selected Quarterly Financial Information [Abstract]

Unaudited Quarterly Financial Data

The following is a summary of unaudited quarterly operating results:

Fiscal 2021	First Quarter		Second Quarter	Third Quarter	Fourth Quarter	Total
Net sales	$	135,218,000	161,292,000	139,376,000	145,809,000	$	581,695,000
Gross profit	50,208,000		55,680,000	53,016,000	55,054,000	213,958,000
Net (loss) income	(85,840,000)		4,205,000	792,000	7,363,000	(73,480,000)
Diluted (loss) income per share	(3.39)		0.17	0.03	0.28	(2.86)		*

Fiscal 2020	First Quarter		Second Quarter	Third Quarter	Fourth Quarter	Total
Net sales	$	170,267,000	161,654,000	135,121,000	149,673,000	$	616,715,000
Gross profit	63,567,000		60,602,000	53,001,000	49,663,000	226,833,000
Net income (loss)	6,388,000		3,495,000	(3,989,000)	1,126,000	7,020,000
Diluted income (loss) per share	0.26		0.14	(0.16)	0.04	0.28		*

Fiscal 2019	First Quarter		Second Quarter	Third Quarter	Fourth Quarter	Total
Net sales	$	160,844,000	164,133,000	170,448,000	176,372,000	$	671,797,000
Gross profit	57,769,000		61,245,000	64,416,000	64,010,000	247,440,000
Net income	3,468,000		7,826,000	7,612,000	6,135,000	25,041,000
Diluted income per share	0.14		0.32	0.31	0.25	1.03		*

* 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.