Earnings (Loss) Per Share (Tables)

6 Months Ended

Jan. 31, 2014

Reconciliation of Earnings (Loss) Per Share

The following table reconciles earnings (loss) per share for the three and six months ended January 31, 2014 and 2013.

	Three Months Ended					Six Months Ended
	January 31,					January 31,
	2014		2013			2014		2013
	(In thousands)
Income (loss) from continuing operations	$	1,063	$	(12,417	)	$	1,601	$	(22,248	)
Income (loss) from discontinued operations		1		(133	)		80		(960	)
Net income (loss)	$	1,064	$	(12,550	)	$	1,681	$	(23,208	)
Weighted average common shares outstanding		51,498		43,654			51,467		43,629
Weighted average common equivalent shares arising from dilutive stock options and restrictive stock		313		—			72		—
Weighted average number of common and potential common shares		51,811		43,654			51,539		43,629
Basic net income (loss) per common share from:
Continuing operations	$	0.02	$	(0.29	)	$	0.03	$	(0.51	)
Discontinued operations		0.00		(0.00	)		0.00		(0.02	)
	$	0.02	$	(0.29	)	$	0.03	$	(0.53	)
Diluted net income (loss) per common share from:
Continuing operations	$	0.02	$	(0.29	)	$	0.03	$	(0.51	)
Discontinued operations		0.00		(0.00	)		0.00		(0.02	)
	$	0.02	$	(0.29	)	$	0.03	$	(0.53	)