CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jan. 31, 2018	Jul. 31, 2017
Current assets:
Cash and cash equivalents	$ 64,468	$ 64,167
Accounts receivable, net of allowances	14,977	15,180
Inventories	7,481	7,047
Prepaid expenses and other	2,613	2,690
Total current assets	89,539	89,084
Property, plant and equipment, net	7,945	7,901
Goodwill	7,452	7,452
Intangible assets, net	2,449	2,895
Other assets	940	333
Total assets	108,325	107,665
Current liabilities:
Accounts payable – trade	9,564	10,350
Accrued liabilities	9,665	6,720
Other current liabilities	642	740
Total current liabilities	19,871	17,810
Other liabilities	495	983
Total liabilities	20,366	18,793
Commitments and contingencies
Stockholders’ equity:
Preferred Stock, $.01 par value; authorized 25,000,000 shares; no shares issued or outstanding
Common Stock, $.01 par value; authorized 75,000,000 shares; shares issued: 47,077,840 and outstanding: 46,970,929 at January 31, 2018 and shares issued and outstanding: 46,506,176 at July 31, 2017	471	465
Additional paid-in capital	330,425	328,294
Less: Treasury stock at cost 106,911 shares at January 31, 2018 and none at July 31, 2017	(1,014)
Accumulated deficit	(243,441)	(241,900)
Accumulated other comprehensive income	1,518	2,013
Total stockholders’ equity	87,959	88,872
Total liabilities and stockholders’ equity	$ 108,325	$ 107,665