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Summary of Selected Quarterly Financial Data (unaudited)
12 Months Ended
Jul. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]

Note 16 - Summary of Selected Quarterly Financial Data (unaudited)


The following table contains statement of operations information for each quarter of the years ended July 31, 2016 and 2015. The Company believes that the following information reflects all normal recurring adjustments necessary for a fair presentation of the information for the periods presented. The operating results for any quarter are not necessarily indicative of results for any future period.


Unaudited quarterly financial data for fiscal 2016 and 2015 is summarized as follows:


   Quarter Ended 
Fiscal 2016  October 31,
2015
   January 31,
2016
   April 30,
2016
   July 31,
2016
 
Total revenues  $ 25,177   $ 24,560   $ 26,433   $ 26,603 
Gross profit   11,234    10,819    11,445    12,085 
Income (loss) before income taxes   4,521    7,039    (2,113)   37,068 
Net income (loss)   4,434    6,832    (2,115)   36,135 
Basic income (loss) per common share  $0.10   $0.15   $(0.05)  $0.78 
Diluted income (loss) per common share   0.10    0.15    (0.05)   0.77 
                     

   Quarter Ended 
Fiscal 2015  October 31,
2014
   January 31,
2015
   April 30,
2015
   July 31,
2015
 
Total revenues  $ 24,824   $ 23,092   $ 23,986   $ 25,697 
Gross profit   10,999    10,028    10,483    11,317 
(Loss) income before income taxes   (3,606)   (4,206)   (3,003)   8,523 
Net (loss) income   (3,729)   (4,091)   (2,907)   8,442 
Basic and diluted (loss) income per common share  $(0.08)  $(0.09)  $(0.06)  $0.18