SELECTED QUARTERLY FINANCIAL INFORMATION |
(21) SELECTED QUARTERLY
FINANCIAL INFORMATION (Unaudited)
The following
table sets forth selected quarterly financial information for the
fiscal years ended July 31, 2017 and 2016. The operating
results for any given quarter are not necessarily indicative of
results for any future period.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Quarter
Ended |
|
|
Quarter
Ended |
|
|
|
Oct. 31, ‘16 |
|
|
Jan. 31, ‘17 |
|
|
Apr. 30, ‘17 |
|
|
Jul. 31, ‘17 |
|
|
Oct. 31, ‘15 |
|
|
Jan. 31, ‘16 |
|
|
Apr. 30, ‘16 |
|
|
Jul. 31, ‘16 |
|
|
|
(In thousands, except
per share data) |
|
|
(In thousands, except
per share data) |
|
Net revenue
|
|
$ |
121,327 |
|
|
$ |
117,568 |
|
|
$ |
97,948 |
|
|
$ |
99,777 |
|
|
$ |
141,089 |
|
|
$ |
119,966 |
|
|
$ |
96,460 |
|
|
$ |
101,508 |
|
Cost of revenue
|
|
|
111,994 |
|
|
|
106,370 |
|
|
|
89,406 |
|
|
|
92,485 |
|
|
$ |
128,637 |
|
|
$ |
116,311 |
|
|
$ |
94,286 |
|
|
$ |
95,031 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross profit
|
|
|
9,333 |
|
|
|
11,198 |
|
|
|
8,542 |
|
|
|
7,292 |
|
|
|
12,452 |
|
|
|
3,655 |
|
|
|
2,174 |
|
|
|
6,477 |
|
Total operating
expenses
|
|
|
14,975 |
|
|
|
12,702 |
|
|
|
13,785 |
|
|
|
14,664 |
|
|
|
14,021 |
|
|
|
15,318 |
|
|
|
14,671 |
|
|
|
21,320 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating loss
|
|
|
(5,642 |
) |
|
|
(1,504 |
) |
|
|
(5,243 |
) |
|
|
(7,372 |
) |
|
|
(1,569 |
) |
|
|
(11,663 |
) |
|
|
(12,497 |
) |
|
|
(14,843 |
) |
Total other income
(expense)
|
|
|
(2,352 |
) |
|
|
(1,075 |
) |
|
|
763 |
|
|
|
(1,984 |
) |
|
|
(12,354 |
) |
|
|
(2,338 |
) |
|
|
(260 |
) |
|
|
(1,103 |
) |
Income tax
expense
|
|
|
(1,049 |
) |
|
|
(723 |
) |
|
|
(819 |
) |
|
|
(105 |
) |
|
|
(850 |
) |
|
|
(206 |
) |
|
|
(408 |
) |
|
|
(3,979 |
) |
Gains on investments in
affiliates, net of tax
|
|
|
500 |
|
|
|
396 |
|
|
|
232 |
|
|
|
150 |
|
|
|
— |
|
|
|
259 |
|
|
|
316 |
|
|
|
214 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss
|
|
$ |
(8,543 |
) |
|
$ |
(2,906 |
) |
|
$ |
(5,067 |
) |
|
$ |
(9,311 |
) |
|
$ |
(14,773 |
) |
|
$ |
(13,948 |
) |
|
$ |
(12,849 |
) |
|
$ |
(19,711 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic and diluted earnings
(loss) per share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income
(loss)
|
|
$ |
(0.16 |
) |
|
$ |
(0.05 |
) |
|
$ |
(0.09 |
) |
|
$ |
(0.17 |
) |
|
$ |
(0.29 |
) |
|
$ |
(0.27 |
) |
|
$ |
(0.25 |
) |
|
$ |
(0.38 |
) |
|