(LOSS) EARNINGS PER SHARE (Tables)

6 Months Ended

Jan. 31, 2021

Earnings Per Share [Abstract]

Reconciliation of (loss) earnings per share

The following table reconciles (loss) earnings per share for the three and six months ended January 31, 2021 and 2020:

	Three Months Ended January 31,				Six Months Ended January 31,
	2021		2020		2021		2020
	(In thousands, except per share data)
Net (loss) income	$	(2,196)	$	(3,557)	$	(5,747)	$	1,235
Less: Preferred dividends on redeemable preferred stock	(530)		(531)		(1,067)		(1,067)
Net (loss) income attributable to common stockholders	(2,726)		(4,088)		(6,814)		168
7.50% Convertible Senior Note	—		—		—		—
Redeemable preferred stock	—		—		—		—
Net (loss) income attributable to common stockholders after assumed conversions	$	(2,726)	$	(4,088)	$	(6,814)	$	168
Weighted average common shares outstanding	62,028		61,538		61,961		61,469
Weighted average common equivalent shares arising from dilutive stock options, restricted stock, convertible note and convertible preferred stock	—		—		—		13
Weighted average number of common and potential common shares	62,028		61,538		61,961		61,482
Basic net (loss) income per share attributable to common stockholders	$	(0.04)	$	(0.07)	$	(0.11)	$	0.00
Diluted net (loss) income per share attributable to common stockholders	$	(0.04)	$	(0.07)	$	(0.11)	$	0.00