Steel Connect (STCN) 10-Q8 Jun 152015 Q3 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
Document and Entity Information	Apr. 30, 2015	31-May-15
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	30-Apr-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q3
Trading Symbol	MLNK
Entity Registrant Name	MODUSLINK GLOBAL SOLUTIONS INC
Entity Central Index Key	914712
Current Fiscal Year End Date	-24
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		52,269,680

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Apr. 30, 2015	Jul. 31, 2014
In Thousands, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Current assets:
Cash and cash equivalents	$151,425	$183,515
Trading securities	74,835	22,793
Accounts receivable, trade, net of allowance for doubtful accounts of $54 and $63 at April 30, 2015 and July 31, 2014, respectively	121,689	123,948
Inventories	65,746	65,269
Prepaid expenses and other current assets	25,180	10,243
Total current assets	438,875	405,768
Property and equipment, net	23,764	25,126
Investments in affiliates	2,278	7,172
Goodwill	3,058	3,058
Other intangible assets, net		667
Other assets	7,600	9,855
Total assets	475,575	451,646
Current liabilities:
Accounts payable	162,001	105,045
Accrued restructuring	2,469	2,246
Accrued expenses	37,608	39,544
Other current liabilities	36,733	51,759
Total current liabilities	238,811	198,594
Long-term portion of accrued restructuring		39
Notes payable	76,696	73,391
Other long-term liabilities	8,022	8,004
Long-term liabilities	84,718	81,434
Total liabilities	323,529	280,028
Stockholders' equity:
Preferred stock, $0.01 par value per share. Authorized 5,000,000 shares; zero issued or outstanding shares at April 30, 2015 and July 31, 2014
Common stock, $0.01 par value per share. Authorized 1,400,000,000 shares; 52,190,790 issued and outstanding shares at April 30, 2015; 52,100,763 issued and outstanding shares at July 31, 2014	522	521
Additional paid-in capital	7,451,879	7,450,541
Accumulated deficit	-7,306,852	-7,293,412
Accumulated other comprehensive income	6,497	13,968
Total stockholders' equity	152,046	171,618
Total liabilities and stockholders' equity	$475,575	$451,646

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Apr. 30, 2015	Jul. 31, 2014
In Thousands, except Share data, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Accounts receivable, trade, allowance for doubtful accounts	$54	$63
Preferred stock, par value	$0.01	$0.01
Preferred stock, shares Authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$0.01	$0.01
Common stock, shares Authorized	1,400,000,000	1,400,000,000
Common stock, shares issued	52,190,790	52,100,763
Common stock, shares outstanding	52,190,790	52,100,763

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Net revenue	$106,234	$173,274	$441,988	$558,700
Cost of revenue	97,222	157,575	397,544	498,426
Gross profit	9,012	15,699	44,444	60,274
Operating expenses
Selling, general and administrative	14,439	17,100	44,600	54,787
Amortization of intangible assets	131	269	667	829
Impairment of long-lived assets				500
Restructuring, net	1,994	3,468	4,936	5,440
Total operating expenses	16,564	20,837	50,203	61,556
Operating loss	-7,552	-5,138	-5,759	-1,282
Other income (expense):
Interest income	247	159	666	326
Interest expense	-2,613	-2,049	-7,899	-2,461
Other gains, net	3,523	-507	6,761	-316
Impairment of investments in affiliates	-5,017	-1,243	-5,017	-1,420
Total other income (expense)	-3,860	-3,640	-5,489	-3,871
Loss from continuing operations before income taxes	-11,412	-8,778	-11,248	-5,153
Income tax expense	694	700	2,400	2,590
Equity in (gains) losses of affiliates, net of tax			-208	134
Loss from continuing operations	-12,106	-9,478	-13,440	-7,877
Discontinued operations, net of income taxes:
Income from discontinued operations				80
Net loss	($12,106)	($9,478)	($13,440)	($7,797)
Basic and diluted net income per share:
Loss from continuing operations	($0.23)	($0.18)	($0.26)	($0.15)
Income from discontinued operations	$0	$0	$0	$0
Net loss	($0.23)	($0.18)	($0.26)	($0.15)
Weighted average common shares used in:
Basic earnings per share	51,750	51,498	51,917	51,502
Diluted earnings per share	51,750	51,498	51,917	51,502

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (Loss) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Net loss	($12,106)	($9,478)	($13,440)	($7,797)
Other comprehensive income:
Foreign currency translation adjustment	493	1,277	-6,661	1,219
Pension liability adjustments, net of tax		-1,164	-811	-914
Net unrealized holding gain on securities, net of tax	7	11	1	7
Total adjustments	500	124	-7,471	312
Comprehensive loss	($11,606)	($9,354)	($20,911)	($7,485)

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2015	Apr. 30, 2014
Cash flows from operating activities of continuing operations:
Net loss	($13,440)	($7,797)
Income from discontinued operations		80
Loss from continuing operations	-13,440	-7,877
Adjustments to reconcile loss from continuing operations to net cash used in operating activities of continuing operations:
Depreciation	6,632	10,198
Amortization of intangible assets	667	829
Amortization of deferred financing costs	415	1,113
Accretion of debt discount	3,305	418
Impairment of long-lived assets		500
Share-based compensation	1,297	1,663
Non-operating (gains) losses, net	-6,761	316
Equity in (gains) losses of affiliates and impairments	4,809	1,554
Changes in operating assets and liabilities:
Trade accounts receivable, net	-3,519	3,876
Inventories	-4,030	-343
Prepaid expenses and other current assets	-15,589	-1,927
Accounts payable, accrued restructuring and accrued expenses	57,611	-9,008
Refundable and accrued income taxes, net	2,993	243
Other assets and liabilities	16,929	-2,144
Net cash provided by (used in) operating activities of continuing operations	51,319	-589
Cash flows from investing activities of continuing operations:
Additions to property and equipment	-6,894	-3,142
Purchase of trading securities	-69,221
Investments in affiliates	-323	-584
Proceeds from investments in affiliates	408
Net cash used in investing activities of continuing operations	-76,030	-3,726
Cash flows from financing activities of continuing operations:
Repayments on capital lease obligations	-151	-81
Net repayments of revolving line of credit	-4,453
Proceeds from issuance of common stock	42	505
Proceeds from issuance of convertible notes, net of transaction costs of $3,430		96,570
Net cash provided by (used in) financing activities of continuing operations	-4,562	96,994
Cash flows from discontinued operations:
Operating cash flows		-324
Net cash used in discontinued operations		-324
Net effect of exchange rate changes on cash and cash equivalents	-2,817	283
Net decrease in cash and cash equivalents	-32,090	92,638
Cash and cash equivalents at beginning of period	183,515	77,916
Cash and cash equivalents at end of period	$151,425	$170,554

Condensed_Consolidated_Stateme3

Condensed Consolidated Statements of Cash Flows (Parenthetical) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2015
Convertible notes issuance, transaction cost	$3,430

Nature_Of_Operations

Nature Of Operations	9 Months Ended
Nature Of Operations	Apr. 30, 2015
Nature Of Operations	(1) NATURE OF OPERATIONS
	ModusLink Global Solutions, Inc. (together with its consolidated subsidiaries, “ModusLink Global Solutions” or the “Company”), through its wholly-owned subsidiaries, ModusLink Corporation (“ModusLink”) and ModusLink PTS, Inc. (“ModusLink PTS”), executes comprehensive supply chain and logistics services (the “Supply Chain Business”) that are designed to improve clients’ revenue, cost, sustainability and customer experience objectives. ModusLink Global Solutions provides services to leading companies in consumer electronics, communications, computing, medical devices, software, and retail. The Company’s operations are supported by a global footprint that includes more than 25 sites across North America, Europe and the Asia Pacific region.
	The Company previously operated under the names CMGI, Inc. and CMG Information Services, Inc. and was incorporated in Delaware in 1986.

Basis_Of_Presentation

Basis Of Presentation	9 Months Ended
Basis Of Presentation	Apr. 30, 2015
Basis Of Presentation	(2) BASIS OF PRESENTATION
	The accompanying condensed consolidated financial statements have been prepared by the Company in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of a normal recurring nature) considered necessary for fair presentation have been included. These unaudited condensed consolidated financial statements should be read in conjunction with the audited financial statements and related notes for the year ended July 31, 2014, which are contained in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on October 14, 2014. The results for the three and nine months ended April 30, 2015 are not necessarily indicative of the results to be expected for the full fiscal year. The year-end condensed balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America.
	All significant intercompany transactions and balances have been eliminated in consolidation.
	The Company considers events or transactions that occur after the balance sheet date but before the issuance of financial statements to provide additional evidence relative to certain estimates or to identify matters that require additional disclosure. For the period ended April 30, 2015, the Company evaluated subsequent events for potential recognition and disclosure through the date these financial statements were filed.
	During the quarter ended January 31, 2015, the Company commenced a reverse split of the Company’s common stock, immediately followed by a forward stock split of the Company’s common stock, which was intended to reduce the costs associated with servicing stockholder accounts holding relatively small numbers of shares of the Company’s common stock. The ratio for the reverse stock split as approved by the Company’s Board of Directors, and by the Company’s stockholders at the December 9, 2014 Annual Meeting of Stockholders, was fixed at 1-for-100 and the ratio for the forward stock split was fixed at 100-for-1. The reverse/forward split did not change the authorized number of shares of Common Stock or in the par value of such shares. No fractional shares were issued in connection with the reverse/forward split.

Recent_Accounting_Pronouncemen

Recent Accounting Pronouncements	9 Months Ended
Recent Accounting Pronouncements	Apr. 30, 2015
Recent Accounting Pronouncements	(3) RECENT ACCOUNTING PRONOUNCEMENTS
	In April 2014, the FASB issued ASU No. 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity, which amends ASC 205, Presentation of Financial Statements, and ASC 360, Property, Plant and Equipment. This ASU defines a discontinued operation as a component or group of components that is disposed of or meets the criteria as held for sale and represents a strategic shift that has or will have a major effect on an entity’s operations and financial results. This ASU requires additional disclosures about discontinued operations and new disclosures for components of an entity that are held for sale or disposed of and are individually significant but do not qualify for presentation as a discontinued operation. The requirements are effective prospectively starting with our first quarter of fiscal year 2016, and is related to presentation only. Early adoption is permitted but only for disposals (or classifications as held for sale) that have not been reported in financial statements previously issued or available for issue. The Company made the decision to early-adopt this ASU and its adoption did not have a material effect on the Company’s consolidated financial statements.



	In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606), which supersedes the revenue recognition requirements in ASC 605, Revenue Recognition. This ASU is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. The effective date will be the first quarter of fiscal year 2018 using one of two retrospective application methods or a cumulative effect approach. The Company is evaluating the potential effects on the consolidated financial statements.

	In August 2014, the FASB issued ASU No. 2014-15 Presentation of Financial Statements — Going Concern (Subtopic 205-40), which amends the accounting guidance related to the evaluation of an entity’s ability to continue as a going concern. The amendment establishes management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern in connection with preparing financial statements for each annual and interim reporting period. The update also gives guidance to determine whether to disclose information about relevant conditions and events when there is substantial doubt about an entity’s ability to continue as a going concern. This guidance will be effective for the Company as of December 15, 2016. The new guidance is not anticipated to have an effect on the Company’s consolidated financial statements.

	In January 2015, the FASB issued ASU No. 2015-01 Income Statement-Extraordinary and Unusual Items (Subtopic 225-20), Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items, which simplifies income statement classification by removing the concept of extraordinary items from US GAAP. As a result, items that are both unusual and infrequent will no longer be separately reported net of tax after continuing operations. This ASU will be effective for the Company beginning in the first quarter of fiscal 2016 and early adoption is permitted. The adoption of this guidance is not anticipated to have an impact on the Company’s financial position and results of operations.

	In February 2015, the FASB issued ASU No. 2015-02 Consolidation (Topic 810), Amendments to Consolidation Analysis, which changes the analysis that a reporting entity must perform to determine whether it should consolidate certain types of legal entities. This ASU will be effective for the Company beginning in the first quarter of fiscal 2017 and early adoption is permitted. The Company will assess the impact of this standard on its financial statements.

	In April 2015, the FASB issued ASU No. 2015-03, Interest — Imputation of Interest (Subtopic 835-30) — Simplifying the Presentation of Debt Issuance Costs, which requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the debt liability rather than as an asset. This ASU will be effective for the Company beginning in the first quarter of fiscal 2017 and early adoption is permitted. The Company will assess the impact of this standard on its financial statements.

Inventories

Inventories	9 Months Ended
Inventories	Apr. 30, 2015
Inventories	(4) INVENTORIES
	Inventories are stated at the lower of cost or market. Cost is determined by both the moving average and the first-in, first-out methods. Materials that the Company procures on behalf of its clients that are included in inventory typically include materials such as compact discs, printed materials, manuals, labels, hardware accessories, flash memory, consumer packaging, shipping boxes and labels, phone chassis, power cords and cables for client-owned electronic devices.
	Inventories consisted of the following:


		April 30,		July 31,
		2015		2014
		(In thousands)
	Raw materials	$	58,184	$	51,179
	Work-in-process		567		910
	Finished goods		6,995		13,180

		$	65,746	$	65,269

	The Company continuously monitors inventory balances and records inventory write-downs for any excess of the cost of the inventory over its estimated market value. The Company also monitors inventory balances for obsolescence and excess quantities as compared to projected demand. The Company’s inventory methodology is based on assumptions about average shelf life of inventory, forecasted volumes, forecasted selling prices, write-down history of inventory, market conditions and contractual arrangements with clients. While such assumptions may change from period to period, in determining the net realizable value of its inventories, the Company uses the best information available as of the balance sheet date. If actual market conditions are less favorable than those projected, or the Company experiences a higher incidence of inventory obsolescence because of rapidly changing technology and customer requirements, additional inventory write-downs may be required. Once established, write-downs of inventory are considered permanent adjustments to the cost basis of inventory and cannot be reversed due to subsequent increases in demand forecasts.

Investments

Investments	9 Months Ended
Investments	Apr. 30, 2015
Investments	(5) INVESTMENTS
	Trading securities
	Near the end of the quarter ended July 31, 2014, the Company acquired $12.9 million in convertible debentures of a publicly traded entity. At this time, the Company is uncertain with respect to the holding period of these securities, therefore these securities are classified as trading securities. These trading securities offer higher yields than are currently available from money market securities or other equivalent investments. As of July 31, 2014, the trades associated with these securities had not settled and, as such, the payment associated with the acquisition of these securities had not been made. As of July 31, 2014, the liability associated with this payment is classified under other current liabilities on our balance sheet. Additionally, near the end of the quarter ended July 31, 2014 the Company acquired $9.9 million in common stock of a publicly traded entity. As of July 31, 2014, most of the trades associated with these securities had not settled and, as such, $9.4 million of the payment associated with the acquisition of these securities had not been made. The liability associated with these payments is classified under other current liabilities on our balance sheet as of July 31, 2014. Unrealized gains and losses associated with these securities were immaterial for the fiscal year ended July 31, 2014.
	During the quarter ended October 31, 2014, the Company continued its investing activities and acquired additional convertible debentures of a publicly traded entity and acquired additional common stock of a publicly traded entity. No acquisition of trading securities was made subsequent to the quarter ended October 30, 2014. As of April 30, 2015, the Company had $74.8 million in investments in trading securities, $36.9 million of which were the publicly traded convertible debentures. The Company’s purchases of the publicly traded convertible debentures were on the open market. The chairman of the board of the company issuing the publicly traded convertible debentures is also the chairman of the board of ModusLink Global Solutions, Inc. The trading securities were classified within Level 1 of the fair value hierarchy.
	@Ventures
	The Company maintains interests in several early-stage privately held technology companies primarily through its interests in two venture capital funds which invest as “@Ventures.” These investments are generally made in connection with a round of financing with other third-party investors.
	During the three and nine months ended April 30, 2015, approximately $0.1 million and $0.3 million was invested by the Company in privately held companies, respectively. During the three and nine months ended April 30, 2014, approximately $0.2 million and $0.6 million was invested by the Company in privately held companies, respectively. During the three and nine months ended April 30, 2015, the Company recorded a $5.0 million impairment charge related to an investment in the @Ventures portfolio of companies. During the three and nine months ended April 30, 2014, the Company recorded $1.2 million and $1.4 million in impairment charges related to investments in the @Ventures portfolio of companies, respectively. During the three and nine months ended April 30, 2015, the Company had $29 thousand and $0.4 million in distributions from its investments, respectively. The Company did not receive any distributions from its investments during the three and nine months ended April 30, 2014. At April 30, 2015 and July 31, 2014, the Company’s carrying value of investments in privately held companies was approximately $2.3 million and $7.2 million, respectively.
	Investments in which the Company’s interest is less than 20% and which are not classified as available-for-sale securities are carried at the lower of cost or net realizable value unless it is determined that the Company exercises significant influence over the investee company, in which case the equity method of accounting is used. For those investments in which the Company’s voting interest is between 20% and 50%, the equity method of accounting is generally used. Under this method, the investment balance, originally recorded at cost, is adjusted to recognize the Company’s share of net earnings or losses of the investee company as they occur, limited to the extent of the Company’s investment in, advances to and commitments for the investee. These adjustments are reflected in “Equity in (gains) losses of affiliates, net of tax” in the Company’s Consolidated Statements of Operations.
	The Company assesses the need to record impairment losses on its investments and records such losses when the impairment of an investment is determined to be other than temporary in nature. The process of assessing whether a particular investment’s net realizable value is less than its carrying cost requires a significant amount of judgment. In making this judgment, the Company carefully considers the investee’s cash position, projected cash flows (both short and long-term), financing needs, recent financing rounds, most recent valuation data, the current investing environment, management/ownership changes and competition. The valuation process is based primarily on information that the Company requests from these privately held companies which are not subject to the same disclosure and audit requirements as those of U.S. public companies. As such, the reliability and the accuracy of the data may vary.

Goodwill

Goodwill	9 Months Ended
Goodwill	Apr. 30, 2015
Goodwill	(6) GOODWILL
	The Company conducts its goodwill impairment test on July 31 of each fiscal year. In addition, if and when events or circumstances change that could reduce the fair value of any of its reporting units below its carrying value, an interim test is performed. In making this assessment, the Company relies on a number of factors including operating results, business plans, economic projections, anticipated future cash flows, and transactions and marketplace data. The Company’s reporting units are: Americas, Asia, Europe and it’s All Other category, which primarily represents the e-Business operating segment.
	The Company’s remaining goodwill of $3.1 million as of April 30, 2015 and July 31, 2014 relates to the Company’s e-Business reporting unit. There were no indicators of impairment identified related to the Company’s e-Business reporting unit during the three and nine months ended April 30, 2015.

Other_Current_Liabilities

Other Current Liabilities	9 Months Ended
Other Current Liabilities	Apr. 30, 2015
Other Current Liabilities	(7) OTHER CURRENT LIABILITIES
	The following table reflects the components of “Other Current Liabilities”:


		April 30,		July 31,
		2015		2014
		(In thousands)

	Accrued pricing liabilities	$	18,882	$	19,301
	Unsettled trading securities liabilities		—		22,430
	Line of credit liability		—		4,453
	Funds held for clients		7,948		—
	Other		9,903		5,575

		$	36,733	$	51,759

	As of April 30, 2015 and July 31, 2014, the Company had accrued pricing liabilities of approximately $18.9 million and $19.3 million, respectively. As previously reported by the Company, several adjustments were made to its historic financial statements for periods ending on or before January 31, 2012, the most significant of which related to the treatment of vendor rebates in its pricing policies. Where the retention of a rebate or a mark-up was determined to have been inconsistent with a client contract (collectively referred to as “pricing adjustments”), the Company concluded that these amounts were not properly recorded as revenue. Accordingly, revenue was reduced by an equivalent amount for the period that the rebate was estimated to have affected. A corresponding liability for the same amount was recorded in that period (referred to as accrued pricing liabilities). The Company believes that it may not ultimately be required to pay all of the accrued pricing liabilities, due in part to the nature of the interactions with its clients. The remaining accrued pricing liabilities at April 30, 2015 will be derecognized when there is sufficient information for the Company to conclude that such liabilities have been extinguished, which may occur through payment, legal release, or other legal or factual determination.

Restructuring_Net

Restructuring, Net	9 Months Ended
Restructuring, Net	Apr. 30, 2015
Restructuring, Net	(8) RESTRUCTURING, NET

	Restructuring and other costs for the three and nine months ended April 30, 2015 primarily included continuing charges for personnel reductions and facility consolidations in an effort to streamline operations across our global supply chain operations. It is expected that the payments of employee-related charges will be substantially completed during the fiscal year ended July 31, 2016. The remaining contractual obligations primarily relate to facility lease obligations for vacant space resulting from the previous restructuring activities of the Company. The Company anticipates that contractual obligations will be substantially fulfilled by August 2015.

	The $2.0 million restructuring charge recorded during the three months ended April 30, 2015 primarily consisted of $0.3 million and $1.7 million of employee-related costs in Asia and Europe, respectively, related to the workforce reduction of 63 employees in our global supply chain operations. The $1.0 million restructuring charge recorded during the three months ended January 31, 2015 primarily consisted of $0.4 million, $0.1 million and $0.5 million of employee-related costs in the Americas, Asia and Europe, respectively, related to the workforce reduction of 72 employees in our global supply chain operations. The $1.9 million restructuring charge recorded during the three months ended October 31, 2014 primarily consisted of $0.4 million, $0.5 million and $1.0 million of employee-related costs in the Americas, Asia and Europe, respectively, related to the workforce reduction of 93 employees in our global supply chain.

	The $3.5 million restructuring charge recorded during the three months ended April 30, 2014 primarily consisted of $0.3 million, $0.3 million and $2.6 million of employee-related costs in the Americas, Asia and Europe, respectively, related to the workforce reduction of 55 employees in our global supply chain operations and also $0.3 million related to our eBusiness operation. The $1.0 million restructuring charge recorded during the three months ended January 31, 2014 primarily consisted of $0.4 million, $0.3 million and $0.3 million of employee-related costs in the Americas, Asia and Europe, respectively, related to the workforce reduction of 35 employees in our global supply chain operations. The $0.9 million restructuring charge recorded during the three months ended October 31, 2013 consisted of $0.2 million, $0.1 million and $0.6 million of employee-related costs in the Americas, Asia and Europe, respectively, related to the workforce reduction of 49 employees in our global supply chain operations.



	The following tables summarize the activities related to the restructuring accrual by expense category and by reportable segment for the nine months ended April 30, 2015:



		Employee			Contractual			Total
		Related			Obligations
		Expenses
		(In thousands)
	Accrued restructuring balance at July 31, 2014	$	1,687		$	598		$	2,285

	Restructuring charges		4,876			267			5,143
	Restructuring adjustments		(151	)		(56	)		(207	)
	Cash paid		(4,013	)		(540	)		(4,553	)
	Non-cash adjustments		(129	)		(70	)		(199	)

	Accrued restructuring balance at April 30, 2015	$	2,270		$	199		$	2,469




		Americas			Asia			Europe			All			Consolidated
		Americas			Asia			Europe			Other			Total
		(In thousands)
	Accrued restructuring balance at July 31, 2014	$	195		$	274		$	1,750		$	66		$	2,285

	Restructuring charges		1,026			960			3,157			—			5,143
	Restructuring adjustments		(160	)		(54	)		7			—			(207	)
	Cash paid		(633	)		(1,017	)		(2,893	)		(10	)		(4,553	)
	Non-cash adjustments		—			(12	)		(187	)		—			(199	)

	Accrued restructuring balance at April 30, 2015	$	428		$	151		$	1,834		$	56		$	2,469


	The net restructuring charges for the three and nine months ended April 30, 2015 and 2014 would have been allocated as follows had the Company recorded the expense and adjustments within the functional department of the restructured activities:



		Three Months Ended						Nine Months Ended
		April 30,						April 30,
		2015			2014			2015			2014
		(In thousands)

	Cost of revenue	$	1,873		$	2,207		$	4,524		$	3,580
	Selling, general and administrative		121			1,261			412			1,860

		$	1,994		$	3,468		$	4,936		$	5,440

Debt

Debt	9 Months Ended
Debt	Apr. 30, 2015
Debt	(9) DEBT

	Notes Payable

	On March 18, 2014, the Company entered into an indenture (the “Indenture”) with Wells Fargo Bank, National Association, as trustee (the “Trustee”), relating to the Company’s issuance of $100 million of 5.25% Convertible Senior Notes (the “Notes”). The Notes bear interest at the rate of 5.25% per year, payable semi-annually in arrears on March 1 and September 1 of each year, beginning on September 1, 2014. The Notes will mature on March 1, 2019, unless earlier repurchased by the Company or converted by the holder in accordance with their terms prior to such maturity date.

	Holders of the Notes may convert all or any portion of their notes, in multiples of $1,000 principal amount, at their option at any time prior to the close of business or the business day immediately preceding the maturity date. Each $1,000 of principal of the Notes will initially be convertible into 166.2593 shares of our common stock, which is equivalent to an initial conversion price of approximately $6.01 per share, subject to adjustment upon the occurrence of certain events, or, if the Company obtains the required consent from its stockholders, into shares of the Company’s common stock, cash or a combination of cash and shares of its common stock, at the Company’s election. If the Company has received stockholder approval, and it elects to settle conversions through the payment of cash or payment or delivery of a combination of cash and shares, the Company’s conversion obligation will be based on the volume weighted average prices (“VWAP”) of its common stock for each VWAP trading day in a 40 VWAP trading day observation period. The Notes and any of the shares of common stock issuable upon conversion have not been registered.



	Holders will have the right to require the Company to repurchase their Notes, at a repurchase price equal to 100% of the principal amount of the Notes plus accrued and unpaid interest, upon the occurrence of certain fundamental changes, subject to certain conditions. No fundamental changes occurred during the three and nine months ended April 30, 2015.

	The Company may not redeem the Notes prior to the mandatory date, and no sinking fund is provided for the Notes. The Company will have the right to elect to cause the mandatory conversion of the Notes in whole, and not in part, at any time on or after March 6, 2017, if the last reported sale price of its common stock has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive), including the trading day immediately preceding the date on which the Company notifies holders of its election to mandatorily convert the Notes, during any 30 consecutive trading day period ending on, and including, the trading day immediately preceding the date on which the Company notifies holders of its election to mandatorily convert the notes.

	The Company has valued the debt using similar nonconvertible debt as of the original issuance date of the Notes and bifurcated the conversion option associated with the Notes from the host debt instrument and recorded the conversion option of $28.1 million in stockholders’ equity prior to the allocation of debt issuance costs. The initial value of the equity component, which reflects the equity conversion feature, is equal to the initial debt discount. The resulting debt discount on the Notes is being accreted to interest expense at the effective interest rate over the estimated life of the Notes. The equity component is included in the additional paid-in-capital portion of stockholders’ equity on the Company’s consolidated balance sheet. In addition, the debt issuance costs of $3.4 million are allocated between the liability and equity components in proportion to the allocation of the proceeds. The issuance costs allocated to the liability component ($2.5 million) are capitalized as a long-term asset on the Company’s balance sheet and amortized as additional interest expense over the term of the Notes. This amount has been classified as long-term as the underlying debt instrument has been classified as a long-term liability in the Company’s balance sheet. The issuance costs allocated to the equity component is recorded as a reduction to additional paid-in capital. The fair value of our Notes payable, calculated as of the closing price of the traded securities, was $90.8 million and $93.8 million as of April 30, 2015 and July 31, 2014, respectively. This value does not represent the settlement value of these long-term debt liabilities to us. The fair value of the Notes payable could vary each period based on fluctuations in market interest rates, as well as changes to our credit ratings. The Notes payable are traded and their fair values are based upon traded prices as of the reporting dates. As of April 30, 2015, the net carrying value of the Notes was $76.7 million.



		April 30,			July 31,
		2015			2014
		(In thousands)
	Carrying amount of equity component (net of allocated debt issuance costs)	$	27,177		$	27,177

	Principal amount of Notes	$	100,000		$	100,000
	Unamortized debt discount		(23,304	)		(26,609	)

	Net carrying amount	$	76,696		$	73,391


	As of April 30, 2015, the remaining period over which the unamortized discount will be amortized is 46 months.



		Three Months Ended						Nine Months Ended
		April 30,						April 30,
		2015			2014			2015		2014
		(In thousands)

	Interest expense related to contractual interest coupon	$	1,313		$	680		$	3,939	$	680
	Interest expense related to accretion of the discount		1,136			418			3,305		418
	Interest expense related to debt issuance costs		100			51			288		51

		$	2,549		$	1,149		$	7,532	$	1,149


	During the three and nine months ended April 30, 2015, we recognized interest expense of $2.5 million and $7.5 million, respectively. During the three and nine months ended April 30, 2014, we recognized interest expense of $1.1 million. The effective interest rate on the Notes, including amortization of debt issuance costs and accretion of the debt discount, is 14.04%. The notes bear interest at a rate of 5.25%.



	Wells Fargo Bank Credit Facility

	On October 31, 2012, the Company and certain of its domestic subsidiaries entered into a Credit Agreement (the “Credit Facility”) with Wells Fargo Bank, National Association as lender and agent for the lenders party thereto. The Credit Facility provided a senior secured revolving credit facility up to an initial aggregate principal amount of $50.0 million or the calculated borrowing base and was secured by substantially all of the domestic assets of the Company. The Credit Facility was scheduled to terminate on October 31, 2015. Interest on the Credit Facility was based on the Company’s options of LIBOR plus 2.5% or the base rate plus 1.5%. The Credit Facility included one restrictive financial covenant, which is minimum EBITDA, and restrictions that limited the ability of the Company, to among other things, create liens, incur additional indebtedness, make investments, or dispose of assets or property without prior approval from the lenders.

	On March 13, 2014, the Company entered into a Second Amendment to Credit Facility, which amended the Company’s Credit Agreement, dated as of October 31, 2012, as amended by the First Amendment to Credit Agreement dated December 18, 2013. The Amendment modified certain provisions of the Credit Agreement that would have restricted or otherwise affected the issuance of the Notes and the use of proceeds therefrom, the conversion of the Notes into common stock of the Company, and the payment of interest on the Notes. Effective as of April 16, 2014, the Company voluntarily terminated the Credit Facility. The Company did not have any outstanding indebtedness related to the Credit Facility as of April 30, 2015.

	PNC Bank Credit Facility

	On June 30, 2014, two direct and wholly owned subsidiaries of the Company (the “Borrowers”) entered into a revolving credit and security agreement (the “Credit Agreement”), as borrowers and guarantors, with PNC Bank and National Association, as lender and as agent, respectively.

	The Credit Agreement has a five (5) year term which expires on June 30, 2019. It includes a maximum credit commitment of $50.0 million, is available for letters of credit (with a sublimit of $5.0 million) and has a $20.0 million uncommitted accordion feature. The actual maximum credit available under the Credit Agreement varies from time to time and is determined by calculating the applicable borrowing base, which is based upon applicable percentages of the values of eligible accounts receivable and eligible inventory minus reserves determined by the Agent (including other reserves that the Agent may establish from time to time in its permitted discretion), all as specified in the Credit Agreement.

	Generally, borrowings under the Credit Agreement bear interest at a rate per annum equal to, at the Borrowers’ option, either (a) LIBOR (adjusted to reflect any required bank reserves) for an interest period equal to one, two or three months (as selected by the Borrowers) plus a margin of 2.25% per annum or (b) a base rate determined by reference to the highest of (1) the base commercial lending rate publicly announced from time to time by PNC Bank, National Association, (2) the sum of the Federal Funds Open Rate in effect on such day plus one half of one percent (0.5%) per annum, or (3) the LIBOR rate (adjusted to reflect any required bank reserves) in effect on such day plus 1.00% per annum. In addition to paying interest on outstanding principal under the Credit Agreement, the Borrowers are required to pay a commitment fee, in respect of the unutilized commitments thereunder, of 0.25% per annum, paid quarterly in arrears. The Borrowers are also required to pay a customary letter of credit fee equal to the applicable margin on revolving credit LIBOR loans and fronting fees.

	Obligations under the Credit Agreement are guaranteed by the Borrowers’ existing and future direct and indirect wholly-owned domestic subsidiaries, subject to certain limited exceptions; and the Credit Agreement is secured by security interests in substantially all the Borrowers’ assets and the assets of each subsidiary guarantor, whether owned as of the closing or thereafter acquired, including a pledge of 100.0% of the equity interests of each subsidiary guarantor that is a domestic entity (subject to certain limited exceptions) and 65.0% of the voting equity interests of any direct first tier foreign entity owned by either Borrower or by a subsidiary guarantor. The Company is not a borrower or a guarantor under the Credit Agreement.

The Credit Agreement contains certain customary negative covenants, which include limitations on mergers and acquisitions, the sale of assets, liens, guarantees, investments, loans, capital expenditures, dividends, indebtedness, changes in the nature of business, transactions with affiliates, the creation of subsidiaries, changes in fiscal year and accounting practices, changes to governing documents, compliance with certain statutes, and prepayments of certain indebtedness. The Credit Agreement also contains certain customary affirmative covenants (including periodic reporting obligations) and events of default, including upon a change of control. The Credit Agreement requires compliance with certain financial covenants providing for maintenance of specified liquidity, maintenance of a minimum fixed charge coverage ratio and/or maintenance of a maximum leverage ratio following the occurrence of certain events and/or prior to taking certain actions, all as more fully described in the Credit Agreement. The Company believes that the Credit Agreement provides greater financial flexibility to the Company and the Borrowers and may enhance their ability to consummate one or several larger and/or more attractive acquisitions and should provide our clients and/or potential clients with greater confidence in the Company’s and the Borrowers’ liquidity. During the three months ended April 30, 2015, the Company did not meet the criteria that would cause its financial covenants to be effective. As of April 30, 2015, the Company did not have any balance outstanding on the PNC Bank credit facility. As of July 31, 2014, the Company had $4.5 million outstanding on the PNC Bank credit facility. This balance is included in other current liabilities on the consolidated balance sheet.

Contingencies

Contingencies	9 Months Ended
	Apr. 30, 2015
Contingencies	(10) CONTINGENCIES
	On February 15, 2012, the staff of the Division of Enforcement of the SEC initiated with the Company an informal inquiry, and later a formal action, regarding the Company’s treatment of rebates associated with volume discounts provided by vendors. We have been cooperating fully with the investigation. In the third quarter of fiscal 2015, we recorded a charge of $1.5 million with respect to this matter. The Company believes that any resolution of this matter would include monetary penalties and other relief within the SEC’s authority. There can be no assurance that we will be able to reach a settlement with the SEC or that the amount of monetary penalties agreed in any settlement will not exceed the accrued conditions of any potential settlement.

	On June 11, 2012, we announced the pending restatement of the Company’s financial statements for the periods ending on or before April 30, 2012 (the “June 11, 2012 Announcement”), related to the Company’s accounting treatment of rebates associated with volume discounts provided by vendors. The restated financial statements were filed on January 11, 2013. After the June 11, 2012 Announcement, stockholders of the Company commenced three purported class actions in the United States District Court for the District of Massachusetts arising from the circumstances described in the June 11, 2012 Announcement (the “Securities Actions”), entitled, respectively:


		•	Irene Collier, Individually And On Behalf Of All Others Similarly Situated, vs. ModusLink Global Solutions, Inc., Joseph C. Lawler and Steven G. Crane, Case 1:12-CV-11044-DJC, filed June 12, 2012 (the “Collier Action”);


		•	Alexander Shnerer Individually And On Behalf Of All Others Similarly Situated, vs. ModusLink Global Solutions, Inc., Joseph C. Lawler and Steven G. Crane, Case 1:12-CV-11078-DJC, filed June 18, 2012 (the “Shnerer Action”); and


		•	Harold Heszkel, Individually and on Behalf of All Others Similarly Situated v. ModusLink Global Solutions, Inc., Joseph C. Lawler, and Steven G. Crane, Case 1:12-CV-11279-DJC, filed July 11, 2012 (the “Heszkel Action”).

	Each of the Securities Actions purports to be brought on behalf of those persons who purchased shares of the Company between September 26, 2007 through and including June 8, 2012 (the “Class Period”) and alleges that failure to timely disclose the issues raised in the June 11, 2012 Announcement during the Class Period rendered defendants’ public statements concerning the Company’s financial condition materially false and misleading in violation of Sections 10(b) and 20(a) of the Exchange Act, and Rule 10b-5 promulgated thereunder. On February 11, 2013, plaintiffs filed a consolidated amended complaint in the Securities Actions. The Company moved to dismiss the amended complaint on March 11, 2013. On March 26, 2014, following a November 8, 2013 hearing, the Court denied the Company’s motion to dismiss, and, on May 26, 2014, the Company answered the Amended Complaint. In October 2014, the parties agreed to a stipulation for a proposed $4 million class settlement to be covered by insurance proceeds, subject to Court approval. On November 24, 2014, the Court entered an order preliminarily approving the proposed settlement, certification of the settlement class, and provision of notice of the settlement to the settling class. The Court held a final approval hearing for the settlement on March 11, 2015, and on March 15, 2015 the Court entered the order and final judgment concluding this matter.

	On October 15, 2014, a Company shareholder commenced a purported derivative action in the Court of Chancery of the State of Delaware against the Company, entitled Mohammad Ladjevardian v. Anthony Bergamo, Jeffrey J. Fenton, Glen M. Kassan, Warren G. Lichtenstein, Jeffrey S. Wald, and Philip E. Lengyel, Steel Partners Holdings L.P., Handy & Harman Ltd.; Defendants, And ModusLink Global Solutions, Inc., Nominal Defendant, C.A. No. 10237-VCL , and Steel Partners Holdings L.P. (“Steel”) Handy & Harman Ltd. The Plaintiff alleges that the individual Defendants breached their fiduciary duties to the Company, unjust enrichment, duty of disclosure, waste of corporate assets and aiding and abetting such breaches. On November 6, 2014, Defendants moved to dismiss the Complaint for (i) failure to make a pre-suit demand upon the Board or sufficiently plead demand futility, and (ii) failure to state a claim upon which relief may be granted. The parties stipulated that all discovery concerning claims asserted in the Complaint shall be stayed pending resolution of the Motion to Dismiss. Oral arguments on the Motion to Dismiss are scheduled for July 13, 2015. Although there can be no assurance to the ultimate outcome, the Company believes it has meritorious defense, will deny liability, and intends to defend this litigation vigorously.

	On July 18, 2014, Scott R. Crawley (“Crawley”), a former executive officer of the Company, filed a lawsuit against the Company in Massachusetts Superior Court in Middlesex County (the “Court”) (the “First Lawsuit”) alleging that the Company breached the Executive Severance Agreement that it had with Crawley and wrongfully terminated Crawley in violation of public policy. In the First Lawsuit Crawley seeks both economic damages as well as emotional distress damages, both related to what he claims was the Company’s termination of his employment. The First Lawsuit is currently in the discovery phase. On November 25, 2014, Crawley filed a second lawsuit against the Company in the Court (the “Second Lawsuit”). In the Second Lawsuit, Crawley demanded that the Company indemnify him for the attorneys’ fees and expenses that Crawley had incurred to-date as a result of the First and Second Lawsuits and advance him the anticipated attorneys’ fees and expenses that he expected to incur in the First and Second Lawsuits. Crawley sought a Preliminary Injunction from the Court that would have required the Company to immediately pay his past attorneys’ fees and expenses and advance him for anticipated attorneys’ fees and expenses. On December 16, 2014 the Court denied Crawley’s request for a Preliminary Injunction. The parties are currently engaged in settlement discussions that would resolve both Lawsuits.

	On December 22, 2014, ModusLink received a letter from a major customer, which claimed that ModusLink’s failure to implement required security measures proximately caused the theft of the customer’s proprietary data from two of ModusLink’s sites in China. The letter alleged that the customer had suffered significant losses as a result of the alleged theft. ModusLink has vigorously denied the allegations contained in the letter and continues to engage the customer in discussions regarding the matter. Based upon the information available at this time, ModusLink is not able to estimate a possible range of loss with respect to this matter. In the event that litigation is commenced and the customer prevails and is awarded a significant monetary judgment not fully covered by insurance, such an outcome could have a material adverse effect on the ModusLink’s financial condition.

Other_Gains_Losses_Net

Other Gains (Losses), Net	9 Months Ended
Other Gains (Losses), Net	Apr. 30, 2015
Other Gains (Losses), Net	(11) OTHER GAINS (LOSSES), NET

	The following table reflects the components of “Other gains, net”:




		Three Months Ended						Nine Months Ended
		April 30,						April 30,
		2015			2014			2015			2014
		(In thousands)
	Foreign currency exchange gain (losses)	$	(84	)	$	(537	)	$	2,346		$	(707	)
	Gain on disposal of assets		15			—			44			467
	Gain on Trading Securities		3,227			—			5,328			—
	Other, net		365			30			(957	)		(76	)

		$	3,523		$	(507	)	$	6,761		$	(316	)


	The Company recorded foreign exchange losses of approximately $0.1 million during the three months ended April 30, 2015, as compared to foreign exchange losses of approximately $0.5 million during the three months ended April 30, 2014. For the three months ended April 30, 2015, the net losses primarily related to realized and unrealized gains (losses) from foreign currency exposures and settled transactions of approximately $0.1 million, 0.5 million, ($0.4 million) and ($0.3 million) in the Americas, Asia, Europe and All Other, respectively. For the three months ended April 30, 2014, the net losses primarily related to realized and unrealized gains (losses) from foreign currency exposures and settled transactions of approximately $0.2 million, ($0.2 million) and ($0.5 million) in the Americas, Asia and Europe, respectively.

	During the three months ended April 30, 2015, the Company recognized $3.2 million in net non-cash gains associated with its Trading Securities. In addition to this, during the three months ended April 30, 2015, the Company recognized $0.5 million in net gain associated with short-term foreign currency contracts.

	The Company recorded foreign exchange gains of approximately $2.3 million during the nine months ended April 30, 2015, as compared to foreign exchange losses of approximately $0.7 million during the nine months ended April 30, 2014. For the nine months ended April 30, 2015, the net gains primarily related to realized and unrealized gains (losses) from foreign currency exposures and settled transactions of approximately $0.5 million, $0.4 million, $1.6 million and ($0.2 million) in the Americas, Asia, Europe and All Other, respectively. For the nine months ended April 30, 2014, the net losses primarily related to realized and unrealized gains (losses) from foreign currency exposures and settled transactions of approximately $0.1 million, ($0.5 million) and ($0.3 million) in the Americas, Asia and Europe, respectively.

	During the nine months ended April 30, 2015, the Company recognized $5.3 million in net non-cash gains associated with its Trading Securities. In addition to this, during the nine months ended April 30, 2015, the Company recognized $0.6 million in net losses associated with short-term foreign currency contracts.

Income_Taxes

Income Taxes	9 Months Ended
Income Taxes	Apr. 30, 2015
Income Taxes	(12) INCOME TAXES
	The Company operates in multiple taxing jurisdictions, both within and outside of the United States. For the three and nine months ended April 30, 2015, the Company was profitable in certain jurisdictions, resulting in an income tax expense using enacted rates in those jurisdictions. As of April 30, 2015 and July 31, 2014, the total amount of the liability for unrecognized tax benefits related to federal, state and foreign taxes was approximately $1.5 million and $1.0 million, respectively.

	Uncertain Tax Positions
	In accordance with the Company’s accounting policy, interest related to unrecognized tax benefits is included in the provision of income taxes line of the Consolidated Statements of Operations. As of April 30, 2015 and July 31, 2014, the liabilities for interest expense related to uncertain tax positions were immaterial. The Company did not accrue for penalties related to income tax positions as there were no income tax positions that required the Company to accrue penalties. The Company does not expect any unrecognized tax benefits to reverse in the next twelve months. The Company is subject to U.S. federal income tax and various state, local and international income taxes in numerous jurisdictions. The federal and state tax returns are generally subject to tax examinations for the tax years ended July 31, 2010 through July 31, 2014. To the extent the Company has tax attribute carryforwards, the tax year in which the attribute was generated may still be adjusted upon examination by the Internal Revenue Service or state tax authorities to the extent utilized in a future period. In addition, a number of tax years remain subject to examination by the appropriate government agencies for certain countries in the Europe and Asia regions. In Europe, the Company’s 2006 through 2013 tax years remain subject to examination in most locations, while the Company’s 2002 through 2013 tax years remain subject to examination in most Asia locations.
	Net Operating Loss
	The Company has certain deferred tax benefits, including those generated by net operating losses and certain other tax attributes (collectively, the “Tax Benefits”). The Company’s ability to use these Tax Benefits could be substantially limited if it were to experience an “ownership change,” as defined under Section 382 of the Internal Revenue Code of 1986, as amended (the “Code”). In general, an ownership change would occur if there is a greater than 50-percentage point change in ownership of securities by stockholders owning (or deemed to own under Section 382 of the Code) five percent or more of a corporation’s securities over a rolling three-year period.
	Tax Benefit Preservation Plan
	On October 17, 2011, the Company’s Board of Directors adopted a Tax Benefit Preservation Plan between the Company and American Stock Transfer & Trust Company, LLC, as rights agent (as amended from time to time, the “Tax Plan”). The Tax Plan reduces the likelihood that changes in the Company’s investor base would have the unintended effect of limiting the Company’s use of its Tax Benefits. The Tax Plan is intended to require any person acquiring shares of the Company’s securities equal to or exceeding 4.99% of the Company’s outstanding shares to obtain the approval of the Board of Directors. This would protect the Tax Benefits because changes in ownership by a person owning less than 4.99% of the Company’s stock are considered and included in one or more public groups in the calculation of “ownership change” for purposes of Section 382 of the Code. On October 9, 2014, the Tax Plan was amended by our Board of Directors to extend the expiration of the Tax Plan until October 17, 2017. Following the stockholders’ approval of the Protective Amendment (as described in the following paragraphs) at the Company’s 2014 Annual Meeting, the Tax Plan was further amended so that it expired at the close of business on December 31, 2014.
	Protective Amendment
	On December 29, 2014, the Company filed an Amendment to its Restated Certificate of Incorporation (the “Protective Amendment”) with the Delaware Secretary of State to protect the significant potential long-term tax benefits presented by its net operating losses and other tax benefits (collectively, the “NOLs”). The Protective Amendment was approved by the Company’s stockholders at the Company’s 2014 Annual Meeting of Stockholders held on December 9, 2014. As a result of the filing of the Protective Amendment with the Delaware Secretary of State, the Company amended its Tax Benefit Preservation Plan so that it expired at the close of business on December 31, 2014.
	The Protective Amendment limits certain transfers of the Company’s common stock, to assist the Company in protecting the long-term value of its accumulated NOLs. The Protective Amendment’s transfer restrictions generally restrict any direct or indirect transfers of the common stock if the effect would be to increase the direct or indirect ownership of the common stock by any person (as defined in the Protective Amendment) from less than 4.99% to 4.99% or more of the common stock, or increase the percentage of the common stock owned directly or indirectly by a Person owning or deemed to own 4.99% or more of the common stock. Any direct or indirect transfer attempted in violation of the Protective Amendment will be void as of the date of the prohibited transfer as to the purported transferee. The Board of Directors of the Company has discretion to grant waivers to permit transfers otherwise restricted by the Protective Amendment.

	In accordance with the Protective Amendment, Handy & Harman (“HNH”), a related party, requested, and the Company granted HNH and its affiliates, a waiver under the Protective Amendment to permit their acquisition of up to 45% of the Company’s outstanding shares of common stock in the aggregate (subject to proportionate adjustment, the “45% Cap”), in addition to acquisitions of common stock in connection with the exercise of certain warrants of the Company (the “Warrants”) held by Steel Partners Holdings L.P. (“SPH”), an affiliate of HNH, as well as a limited waiver under Section 203 of the Delaware General Corporation Law for this purpose. Notwithstanding the foregoing, HNH and its affiliates (and any group of which HNH or any of its affiliates is a member) are not permitted to acquire securities that would result in an “ownership change” of the Company for purposes of Section 382 of the Internal Revenue Code of 1986, as amended, that would have the effect of impairing any of the Company’s NOLs. The foregoing waiver was approved by the independent directors of the Company.

Earnings_Loss_Per_Share

Earnings (Loss) Per Share	9 Months Ended
Earnings (Loss) Per Share	Apr. 30, 2015
Earnings (Loss) Per Share	(13) EARNINGS (LOSS) PER SHARE
	The Company calculates earnings (loss) per share in accordance with ASC Topic 260, “Earnings per Share.” The following table reconciles earnings (loss) per share for the three and nine months ended April 30, 2015 and 2014.



		Three Months Ended						Nine Months Ended
		April 30,						April 30,
		2015			2014			2015			2014
		(In thousands, except per share amounts)

	Loss from continuing operations	$	(12,106	)	$	(9,478	)	$	(13,440	)	$	(7,877	)
	Income from discontinued operations		—			—			—			80

	Net loss	$	(12,106	)	$	(9,478	)	$	(13,440	)	$	(7,797	)


	Weighted average common shares outstanding		51,750			51,498			51,917			51,502
	Weighted average common equivalent shares arising from dilutive stock options and restricted stock		—			—			—			—

	Weighted average number of common and potential common shares		51,750			51,498			51,917			51,502


	Basic net income (loss) per common share from:
	Continuing operations	$	(0.23	)	$	(0.18	)	$	(0.26	)	$	(0.15	)
	Discontinued operations		—			—			—			—

		$	(0.23	)	$	(0.18	)	$	(0.26	)	$	(0.15	)

	Diluted net income (loss) per common share from:
	Continuing operations	$	(0.23	)	$	(0.18	)	$	(0.26	)	$	(0.15	)
	Discontinued operations		—			—			—			—

		$	(0.23	)	$	(0.18	)	$	(0.26	)	$	(0.15	)


	Basic earnings per common share is calculated using the weighted-average number of common shares outstanding during the period. Diluted earnings per common share, if any, gives effect to diluted stock options (calculated based on the treasury stock method), non-vested restricted stock shares purchased under the employee stock purchase plan and shares issuable upon debt conversion (calculated using an as-if converted method).

	For the three and nine months ended April 30, 2015, approximately 20.5 million and 21.1 million, respectively, common stock equivalent shares were excluded from the denominator in the calculation of diluted earnings per share as their inclusion would have been antidilutive.

	For the three and nine months ended April 30, 2014, approximately 4.2 million and 4.8 million, respectively, common stock equivalent shares were excluded from the denominator in the calculation of diluted earnings per share as their inclusion would have been antidilutive.

ShareBased_Payments

Share-Based Payments	9 Months Ended
Share-Based Payments	Apr. 30, 2015
Share-Based Payments	(14) SHARE-BASED PAYMENTS
	The following table summarizes share-based compensation expense related to employee stock options, employee stock purchases and non-vested shares for the three and nine months ended April 30, 2015 and 2014, which was allocated as follows:


		Three Months Ended				Nine Months Ended
		April 30,				April 30,
		2015		2014		2015		2014
		(In thousands)

	Cost of revenue	$	38	$	110	$	171	$	343
	Selling, general and administrative		404		403		1,126		1,320

		$	442	$	513	$	1,297	$	1,663


	At April 30, 2015, there was approximately $2.9 million of total unrecognized compensation cost related to non-vested share-based compensation awards under the Company’s plans.

Comprehensive_Income_Loss

Comprehensive Income (Loss)	9 Months Ended
Comprehensive Income (Loss)	Apr. 30, 2015
Comprehensive Income (Loss)	(15) COMPREHENSIVE INCOME (LOSS)
	Comprehensive income (loss) combines net income (loss) and other comprehensive items. Other comprehensive items represent certain amounts that are reported as components of shareholder’s equity in the accompanying condensed consolidated balance sheets.

	Accumulated other comprehensive items consist of the following:



		Foreign			Pension			Unrealized		Total
		currency			items			gains
		items						(losses) on
								securities
		(In thousands)
	Accumulated other comprehensive income at July 31, 2014	$	15,833		$	(1,900	)	$	35	$	13,968

	Foreign currency translation adjustment		(6,661	)		—			—		(6,661	)
	Pension liability adjustments		—			(811	)		—		(811	)
	Net unrealized holding gain on securities		—			—			1		1

	Net current-period other comprehensive income		(6,661	)		(811	)		1		(7,471	)

	Accumulated other comprehensive income at April 30, 2015	$	9,172		$	(2,711	)	$	36	$	6,497

Foreign_Currency_Contracts

Foreign Currency Contracts	9 Months Ended
Foreign Currency Contracts	Apr. 30, 2015
Foreign Currency Contracts	(16) FOREIGN CURRENCY CONTRACTS
	During the quarter ended October 31, 2014, the Company entered into foreign currency forward contracts to manage the foreign currency risk associated with anticipated foreign currency denominated transactions. As of April 30, 2015, the aggregate notional amount of the Company’s outstanding foreign currency forward contracts was $9.8 million as summarized below:


		April 30, 2015
	Currency Contracts	Foreign		Notional
		Currency		Contract
		Amount		Value in USD
		(In thousands)

	Buy CNH		44,893	$	7,227
	Buy CZK		26,352		1,245
	Buy EUR		1,072		1,393

				$	9,865

	As of April 30, 2015, the fair value of the Company’s short-term foreign currency contracts was $0.4 million and is included in other current liabilities. These contracts are designed to hedge the Company’s exposure to transactions denominated in a non-functional currency and are not accounted for as hedges under the accounting standards. Accordingly, changes in the fair value of these instruments are recognized in earnings during the period of change as a component of Other gains (losses), net. The contracts were classified within Level 2 of the fair value hierarchy. During the three and nine months ended April 30, 2015, the Company recognized $0.5 million and $(0.6) million in net gains and (losses) associated with these contracts, respectively.

Related_Party_Transactions

Related Party Transactions	9 Months Ended
Related Party Transactions	Apr. 30, 2015
Related Party Transactions	(17) RELATED PARTY TRANSACTIONS
	On December 24, 2014, SP Corporate Services LLC (“SP Corporate”), an indirect wholly owned subsidiary of Steel Partners Holdings L.P. (a related party), entered into a Management Services Agreement (the “Management Services Agreement”) with the Company. Pursuant to the Management Services Agreement, SP Corporate will provide the Company and its subsidiaries with the services of certain employees, including certain executive officers, and other corporate services. The Management Services Agreement was effective as of January 1, 2015.

	The Management Services Agreement was approved by a special committee of the Company’s Board of Directors comprised entirely of independent directors (the “Committee”). SP Corporate will be subject to the supervision and control of the Committee while performing its obligations under the Management Services Agreement. The Management Services Agreement provides that the Company will pay SP Corporate a fixed monthly fee of $175,000 in consideration of the Services. The fees payable under the Management Services Agreement are subject to review and such adjustments as may be agreed upon by SP Corporate and the Company. The Management Services Agreement will continue through June 30, 2015.

Discontinued_Operations_and_Di

Discontinued Operations and Divestitures	9 Months Ended
	Apr. 30, 2015
Discontinued Operations and Divestitures	(18) DISCONTINUED OPERATIONS AND DIVESTITURES
	The Company’s discontinued operations relate to a lease obligation associated with a previously vacated facility. During the year ended July 31, 2006, the Company sold a marketing distribution business run by a wholly-owned subsidiary to an unrelated third party. In July 2013, the Company reached an agreement with its landlord for the early termination of a lease agreement associated with that business. As part of the lease termination agreement, the Company paid $0.4 million to the landlord on August 1, 2013 and was released from any future obligations associated with the leased facility. The Company also assigned its interest in its sublease rental income to the landlord.

Segment_Information

Segment Information	9 Months Ended
Segment Information	Apr. 30, 2015
Segment Information	(19) SEGMENT INFORMATION
	The Company has four operating segments: Americas; Asia; Europe; and e-Business. Based on the information provided to the Company’s chief operating decision-maker (“CODM”) for purposes of making decisions about allocating resources and assessing performance and quantitative thresholds, the Company has determined that it has three reportable segments: Americas, Asia and Europe. In addition to its three reportable segments, the Company reports an All Other category. The All Other category primarily represents the e-Business operating segment. The Company also has Corporate-level activity, which consists primarily of costs associated with certain corporate administrative functions such as legal and finance, which are not allocated to the Company’s reportable segments. The Corporate-level balance sheet information includes cash and cash equivalents, trading securities, investments in affiliates, notes payables and other assets and liabilities which are not identifiable to the operations of the Company’s operating segments. All significant intra-segment amounts have been eliminated.

	Summarized financial information of the Company’s continuing operations by operating segment is as follows:


		Three Months Ended						Nine Months Ended
		April 30,						April 30,
		2015			2014			2015			2014
		(In thousands)
	Net revenue:
	Americas	$	32,732		$	74,429		$	167,772		$	229,791
	Asia		35,082			41,387			123,530			134,307
	Europe		30,720			48,423			125,761			165,790
	All Other		7,700			9,035			24,925			28,812

		$	106,234		$	173,274		$	441,988		$	558,700

	Operating income (loss):
	Americas	$	(2,771	)	$	2,736		$	(1,292	)	$	8,304
	Asia		895			2,342			8,925			14,001
	Europe		(2,700	)		(4,439	)		(5,030	)		(8,934	)
	All Other		(12	)		(411	)		510			98

	Total Segment operating income		(4,588	)		228			3,113			13,469
	Corporate-level activity		(2,964	)		(5,366	)		(8,872	)		(14,751	)

	Total operating loss		(7,552	)		(5,138	)		(5,759	)		(1,282	)

	Total other expense		(3,860	)		(3,640	)		(5,489	)		(3,871	)

	Loss from continuing operations before income taxes	$	(11,412	)	$	(8,778	)	$	(11,248	)	$	(5,153	)



		April 30,			July 31,
		2015			2014
		(In thousands)
	Total assets:
	Americas	$	38,459		$	73,254
	Asia		143,371			78,749
	Europe		66,046			81,327
	All Other		21,996			14,221

	Sub-total - segment assets		269,872			247,551
	Corporate		205,703			204,095

		$	475,575		$	451,646

	Summarized financial information of the Company’s net revenue from external customers by group of services is as follows:


		Three Months Ended						Nine Months Ended
		April 30,						April 30,
		2015			2014			2015			2014
		(In thousands)
	Supply chain services	$	91,890		$	149,777		$	380,268		$	489,324
	Aftermarket services		6,644			14,462			36,795			40,564
	e-Business services		7,700			9,035			24,925			28,812

		$	106,234		$	173,274		$	441,988		$	558,700


	As of April 30, 2015, approximately $13.7 million, $4.0 million and $3.8 million of the Company’s long-lived assets were located in the U.S.A., Netherlands and Ireland, respectively. As of July 31, 2014, approximately $19.3 million, $3.6 million and $4.7 million of the Company’s long-lived assets were located in the U.S.A., Netherlands and Ireland, respectively.
For the three months ended April 30, 2015, the Company’s net revenues within U.S.A., China, Netherlands and Czech Republic were $33.6 million, $28.2 million, $12.7 million and $16.6 million, respectively. For the three months ended April 30, 2014, the Company’s net revenues within U.S.A., China, Netherlands and Czech Republic were $73.4 million, $30.3 million, $24.0 million and $20.7 million, respectively.
For the nine months ended April 30, 2015, the Company’s net revenues within U.S.A., China, Netherlands and Czech Republic were $169.9 million, $100.3 million, $52.6 million and $65.4 million, respectively. For the three months ended April 30, 2014, the Company’s net revenues within U.S.A., China, Netherlands and Czech Republic were $229.9 million, $98.5 million, $78.1 million and $73.7 million, respectively.

Fair_Value_Measurement_of_Asse

Fair Value Measurement of Assets and Liabilities	9 Months Ended
Fair Value Measurement of Assets and Liabilities	Apr. 30, 2015
Fair Value Measurement of Assets and Liabilities	(20) FAIR VALUE MEASUREMENT OF ASSETS AND LIABILITIES
	ASC Topic 820 provides that fair value is an exit price, representing the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants based on the highest and best use of the asset or liability. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. ASC Topic 820 requires the Company to use valuation techniques to measure fair value that maximize the use of observable inputs and minimize the use of unobservable inputs. These inputs are prioritized as follows:
	Level 1: Observable inputs such as quoted prices for identical assets or liabilities in active markets
	Level 2: Other inputs that are observable directly or indirectly, such as quoted prices for similar assets or liabilities or market-corroborated inputs
	Level 3: Unobservable inputs for which there is little or no market data and which require the Company to develop its own assumptions about how market participants would price the assets or liabilities
	The carrying value of cash and cash equivalents, accounts receivable, accounts payable, current liabilities and the revolving line of credit approximate fair value because of the short maturity of these instruments. The carrying value of capital lease obligations approximates fair value, as estimated by using discounted future cash flows based on the Company’s current incremental borrowing rates for similar types of borrowing arrangements. The fair values of the Company’s Trading Securities are estimated using quoted market prices. The Company values foreign exchange forward contracts using observable inputs which primarily consist of an income approach based on the present value of the forward rate less the contract rate multiplied by the notional amount. The defined benefit plans have 100% of their assets invested in bank-managed portfolios of debt securities and other assets. Conservation of capital with some conservative growth potential is the strategy for the plans. The Company’s pension plans are outside the United States, where asset allocation decisions are typically made by an independent board of trustees. Investment objectives are aligned to generate returns that will enable the plans to meet their future obligations. The Company acts in a consulting and governance role in reviewing investment strategy and providing a recommended list of investment managers for each plan, with final decisions on asset allocation and investment manager made by local trustees.

	Assets and Liabilities that are Measured at Fair Value on a Recurring Basis
	The following tables presents the Company’s financial assets measured at fair value on a recurring basis as of April 30, 2015 and July 31, 2014, classified by fair value hierarchy:


				Fair Value Measurements at Reporting Date Using
	(In thousands )	April 30, 2015		Level 1		Level 2		Level 3

	Assets:
	Marketable equity securities	$	37,961	$	37,961	$	—	$	—
	Marketable corporate bonds		36,874		36,874		—		—
	Money market funds		74,563		74,563		—		—

	Liabilities:
	Foreign currency contracts	$	386	$	—	$	386	$	—

				Fair Value Measurements at Reporting Date Using
	(In thousands )	31-Jul-14		Level 1		Level 2		Level 3

	Assets:
	Marketable equity securities	$	9,856	$	9,856	$	—	$	—
	Marketable corporate bonds		12,937		12,937		—		—
	Money market funds		150,626		150,626		—		—

	Liabilities:
	Foreign currency contracts	$	—	$	—	$	—	$	—
	There were no transfers between Levels 1, 2 or 3 during any of the periods presented.
	When available, quoted prices were used to determine fair value. When quoted prices in active markets were available, investments were classified within Level 1 of the fair value hierarchy. When quoted prices in active markets were not available, fair values were determined using pricing models, and the inputs to those pricing models were based on observable market inputs. The inputs to the pricing models were typically benchmark yields, reported trades, broker-dealer quotes, issuer spreads and benchmark securities, among others.
	Assets and Liabilities that are Measured at Fair Value on a Nonrecurring Basis
	The Company’s only significant assets or liabilities measured at fair value on a nonrecurring basis subsequent to their initial recognition were the Company’s @Ventures investments, goodwill and certain assets subject to long-lived asset impairment.
	The Company reviews the carrying amounts of these assets whenever certain events or changes in circumstances indicate that the carrying amounts may not be recoverable. The Company also performs an impairment evaluation of goodwill on an annual basis. An impairment loss is recognized when the carrying amount of the asset group or reporting unit is not recoverable and exceeds its fair value. The Company estimated the fair values of assets subject to impairment based on the Company’s own judgments about the assumptions that market participants would use in pricing the assets and on observable market data, when available. The Company uses the income approach when determining the fair value of its reporting units.
	Fair Value of Financial Instruments
	The Company’s financial instruments not measured at fair value on a recurring basis include cash and cash equivalents, accounts receivable, accounts payable and long-term debt and are reflected in the financial statements at cost. With the exception of long-term debt, cost approximates fair value for these items due to their short-term nature.

	Included in trading securities in the accompanying balance sheet are marketable equity securities and marketable corporate bonds. These instruments are valued at quoted market prices in active markets. Included in cash and cash equivalents in the accompanying balance sheet are money market funds. These are valued at quoted market prices in active markets.
	The following table presents the Company’s debt not carried at fair value:


		April 30, 2015				July 31, 2014
		Carrying		Fair Value		Carrying		Fair Value		Fair Value
		Amount		Fair Value		Amount		Fair Value		Hierarchy
				(In thousands)

	Notes payable		76,696		90,813		73,391		93,750	Level 1
	The fair value of our Notes payable represents the value at which our lenders could trade our debt within the financial markets, and does not represent the settlement value of these long-term debt liabilities to us. The fair value of the Notes payable could vary each period based on fluctuations in market interest rates, as well as changes to our credit ratings. The Notes payable are traded and their fair values are based upon traded prices as of the reporting dates.

Inventories_Tables

Inventories (Tables)	9 Months Ended
Inventories (Tables)	Apr. 30, 2015
Components of Inventories	Inventories consisted of the following:


		April 30,		July 31,
		2015		2014
		(In thousands)
	Raw materials	$	58,184	$	51,179
	Work-in-process		567		910
	Finished goods		6,995		13,180

		$	65,746	$	65,269

Other_Current_Liabilities_Tabl

Other Current Liabilities (Tables)	9 Months Ended
Other Current Liabilities (Tables)	Apr. 30, 2015
Components of Other Current Liabilities	The following table reflects the components of “Other Current Liabilities”:


		April 30,		July 31,
		2015		2014
		(In thousands)

	Accrued pricing liabilities	$	18,882	$	19,301
	Unsettled trading securities liabilities		—		22,430
	Line of credit liability		—		4,453
	Funds held for clients		7,948		—
	Other		9,903		5,575

		$	36,733	$	51,759

Restructuring_Net_Tables

Restructuring, Net (Tables)	9 Months Ended
Restructuring, Net (Tables)	Apr. 30, 2015
Summary of Restructuring Accrual by Expense Category and by Reportable Segment	The following tables summarize the activities related to the restructuring accrual by expense category and by reportable segment for the nine months ended April 30, 2015:


		Employee			Contractual			Total
		Related			Obligations
		Expenses
		(In thousands)
	Accrued restructuring balance at July 31, 2014	$	1,687		$	598		$	2,285

	Restructuring charges		4,876			267			5,143
	Restructuring adjustments		(151	)		(56	)		(207	)
	Cash paid		(4,013	)		(540	)		(4,553	)
	Non-cash adjustments		(129	)		(70	)		(199	)

	Accrued restructuring balance at April 30, 2015	$	2,270		$	199		$	2,469



		Americas			Asia			Europe			All			Consolidated
		Americas			Asia			Europe			Other			Total
		(In thousands)
	Accrued restructuring balance at July 31, 2014	$	195		$	274		$	1,750		$	66		$	2,285

	Restructuring charges		1,026			960			3,157			—			5,143
	Restructuring adjustments		(160	)		(54	)		7			—			(207	)
	Cash paid		(633	)		(1,017	)		(2,893	)		(10	)		(4,553	)
	Non-cash adjustments		—			(12	)		(187	)		—			(199	)

	Accrued restructuring balance at April 30, 2015	$	428		$	151		$	1,834		$	56		$	2,469

Net Restructuring Charges	The net restructuring charges for the three and nine months ended April 30, 2015 and 2014 would have been allocated as follows had the Company recorded the expense and adjustments within the functional department of the restructured activities:


		Three Months Ended						Nine Months Ended
		April 30,						April 30,
		2015			2014			2015			2014
		(In thousands)

	Cost of revenue	$	1,873		$	2,207		$	4,524		$	3,580
	Selling, general and administrative		121			1,261			412			1,860

		$	1,994		$	3,468		$	4,936		$	5,440

Debt_Tables

Debt (Tables)	9 Months Ended
Debt (Tables)	Apr. 30, 2015
Net Carrying Value of the Notes	This amount has been classified as long-term as the underlying debt instrument has been classified as a long-term liability in the Company’s balance sheet. The issuance costs allocated to the equity component is recorded as a reduction to additional paid-in capital. The fair value of our Notes payable, calculated as of the closing price of the traded securities, was $90.8 million and $93.8 million as of April 30, 2015 and July 31, 2014, respectively. This value does not represent the settlement value of these long-term debt liabilities to us. The fair value of the Notes payable could vary each period based on fluctuations in market interest rates, as well as changes to our credit ratings. The Notes payable are traded and their fair values are based upon traded prices as of the reporting dates. As of April 30, 2015, the net carrying value of the Notes was $76.7 million.


		April 30,			July 31,
		2015			2014
		(In thousands)
	Carrying amount of equity component (net of allocated debt issuance costs)	$	27,177		$	27,177

	Principal amount of Notes	$	100,000		$	100,000
	Unamortized debt discount		(23,304	)		(26,609	)

	Net carrying amount	$	76,696		$	73,391

Summary of Interest Expense Related to Convertible Notes	As of April 30, 2015, the remaining period over which the unamortized discount will be amortized is 46 months.


		Three Months Ended						Nine Months Ended
		April 30,						April 30,
		2015			2014			2015		2014
		(In thousands)

	Interest expense related to contractual interest coupon	$	1,313		$	680		$	3,939	$	680
	Interest expense related to accretion of the discount		1,136			418			3,305		418
	Interest expense related to debt issuance costs		100			51			288		51

		$	2,549		$	1,149		$	7,532	$	1,149

Other_Gains_Losses_Net_Tables

Other Gains (Losses), Net (Tables)	9 Months Ended
Other Gains (Losses), Net (Tables)	Apr. 30, 2015
Components of Other Gains, Net	The following table reflects the components of “Other gains, net”:


		Three Months Ended						Nine Months Ended
		April 30,						April 30,
		2015			2014			2015			2014
		(In thousands)
	Foreign currency exchange gain (losses)	$	(84	)	$	(537	)	$	2,346		$	(707	)
	Gain on disposal of assets		15			—			44			467
	Gain on Trading Securities		3,227			—			5,328			—
	Other, net		365			30			(957	)		(76	)

		$	3,523		$	(507	)	$	6,761		$	(316	)

Earnings_Loss_Per_Share_Tables

Earnings (Loss) Per Share (Tables)	9 Months Ended
Earnings (Loss) Per Share (Tables)	Apr. 30, 2015
Reconciliation of Earnings (Loss) Per Share	The following table reconciles earnings (loss) per share for the three and nine months ended April 30, 2015 and 2014.



		Three Months Ended						Nine Months Ended
		April 30,						April 30,
		2015			2014			2015			2014
		(In thousands, except per share amounts)

	Loss from continuing operations	$	(12,106	)	$	(9,478	)	$	(13,440	)	$	(7,877	)
	Income from discontinued operations		—			—			—			80

	Net loss	$	(12,106	)	$	(9,478	)	$	(13,440	)	$	(7,797	)


	Weighted average common shares outstanding		51,750			51,498			51,917			51,502
	Weighted average common equivalent shares arising from dilutive stock options and restricted stock		—			—			—			—

	Weighted average number of common and potential common shares		51,750			51,498			51,917			51,502


	Basic net income (loss) per common share from:
	Continuing operations	$	(0.23	)	$	(0.18	)	$	(0.26	)	$	(0.15	)
	Discontinued operations		—			—			—			—

		$	(0.23	)	$	(0.18	)	$	(0.26	)	$	(0.15	)

	Diluted net income (loss) per common share from:
	Continuing operations	$	(0.23	)	$	(0.18	)	$	(0.26	)	$	(0.15	)
	Discontinued operations		—			—			—			—

		$	(0.23	)	$	(0.18	)	$	(0.26	)	$	(0.15	)

ShareBased_Payments_Tables

Share-Based Payments (Tables)	9 Months Ended
Share-Based Payments (Tables)	Apr. 30, 2015
Summary of Share-Based Compensation Expense Related to Employee Stock Options, Employee Stock Purchases and Nonvested Shares	The following table summarizes share-based compensation expense related to employee stock options, employee stock purchases and non-vested shares for the three and nine months ended April 30, 2015 and 2014, which was allocated as follows:


		Three Months Ended				Nine Months Ended
		April 30,				April 30,
		2015		2014		2015		2014
		(In thousands)

	Cost of revenue	$	38	$	110	$	171	$	343
	Selling, general and administrative		404		403		1,126		1,320

		$	442	$	513	$	1,297	$	1,663

Comprehensive_Income_Loss_Tabl

Comprehensive Income (Loss) (Tables)	9 Months Ended
Comprehensive Income (Loss) (Tables)	Apr. 30, 2015
Accumulated Other Comprehensive Items	Accumulated other comprehensive items consist of the following:



		Foreign			Pension			Unrealized		Total
		currency			items			gains
		items						(losses) on
								securities
		(In thousands)
	Accumulated other comprehensive income at July 31, 2014	$	15,833		$	(1,900	)	$	35	$	13,968

	Foreign currency translation adjustment		(6,661	)		—			—		(6,661	)
	Pension liability adjustments		—			(811	)		—		(811	)
	Net unrealized holding gain on securities		—			—			1		1

	Net current-period other comprehensive income		(6,661	)		(811	)		1		(7,471	)

	Accumulated other comprehensive income at April 30, 2015	$	9,172		$	(2,711	)	$	36	$	6,497

Foreign_Currency_Contracts_Tab

Foreign Currency Contracts (Tables)	9 Months Ended
Foreign Currency Contracts (Tables)	Apr. 30, 2015
Schedule of Foreign Currency Forward Contracts	As of April 30, 2015, the aggregate notional amount of the Company’s outstanding foreign currency forward contracts was $9.8 million as summarized below:


		April 30, 2015
	Currency Contracts	Foreign		Notional
		Currency		Contract
		Amount		Value in USD
		(In thousands)

	Buy CNH		44,893	$	7,227
	Buy CZK		26,352		1,245
	Buy EUR		1,072		1,393

				$	9,865

Segment_Information_Tables

Segment Information (Tables)	9 Months Ended
Segment Information (Tables)	Apr. 30, 2015
Summarized Financial Information of Continuing Operations by Operating Segment and Corporate-Level Activity	Summarized financial information of the Company’s continuing operations by operating segment is as follows:


		Three Months Ended						Nine Months Ended
		April 30,						April 30,
		2015			2014			2015			2014
		(In thousands)
	Net revenue:
	Americas	$	32,732		$	74,429		$	167,772		$	229,791
	Asia		35,082			41,387			123,530			134,307
	Europe		30,720			48,423			125,761			165,790
	All Other		7,700			9,035			24,925			28,812

		$	106,234		$	173,274		$	441,988		$	558,700

	Operating income (loss):
	Americas	$	(2,771	)	$	2,736		$	(1,292	)	$	8,304
	Asia		895			2,342			8,925			14,001
	Europe		(2,700	)		(4,439	)		(5,030	)		(8,934	)
	All Other		(12	)		(411	)		510			98

	Total Segment operating income		(4,588	)		228			3,113			13,469
	Corporate-level activity		(2,964	)		(5,366	)		(8,872	)		(14,751	)

	Total operating loss		(7,552	)		(5,138	)		(5,759	)		(1,282	)

	Total other expense		(3,860	)		(3,640	)		(5,489	)		(3,871	)

	Loss from continuing operations before income taxes	$	(11,412	)	$	(8,778	)	$	(11,248	)	$	(5,153	)

Total Assets of Continuing Operations
		April 30,			July 31,
		2015			2014
		(In thousands)
	Total assets:
	Americas	$	38,459		$	73,254
	Asia		143,371			78,749
	Europe		66,046			81,327
	All Other		21,996			14,221

	Sub-total - segment assets		269,872			247,551
	Corporate		205,703			204,095

		$	475,575		$	451,646

Summarized Financial Information of Net Revenue from External Customers by Group of Services	Summarized financial information of the Company’s net revenue from external customers by group of services is as follows:


		Three Months Ended						Nine Months Ended
		April 30,						April 30,
		2015			2014			2015			2014
		(In thousands)
	Supply chain services	$	91,890		$	149,777		$	380,268		$	489,324
	Aftermarket services		6,644			14,462			36,795			40,564
	e-Business services		7,700			9,035			24,925			28,812

		$	106,234		$	173,274		$	441,988		$	558,700

Fair_Value_Measurement_of_Asse1

Fair Value Measurement of Assets and Liabilities (Tables)	9 Months Ended
Fair Value Measurement of Assets and Liabilities (Tables)	Apr. 30, 2015
Financial Assets Measured at Fair Value on Recurring Basis and Classified by Fair Value Hierarchy	The following tables presents the Company’s financial assets measured at fair value on a recurring basis as of April 30, 2015 and July 31, 2014, classified by fair value hierarchy:


				Fair Value Measurements at Reporting Date Using
	(In thousands )	April 30, 2015		Level 1		Level 2		Level 3

	Assets:
	Marketable equity securities	$	37,961	$	37,961	$	—	$	—
	Marketable corporate bonds		36,874		36,874		—		—
	Money market funds		74,563		74,563		—		—

	Liabilities:
	Foreign currency contracts	$	386	$	—	$	386	$	—

				Fair Value Measurements at Reporting Date Using
	(In thousands )	31-Jul-14		Level 1		Level 2		Level 3

	Assets:
	Marketable equity securities	$	9,856	$	9,856	$	—	$	—
	Marketable corporate bonds		12,937		12,937		—		—
	Money market funds		150,626		150,626		—		—

	Liabilities:
	Foreign currency contracts	$	—	$	—	$	—	$	—
Debt not Carried at Fair Value	The following table presents the Company’s debt not carried at fair value:


		April 30, 2015				July 31, 2014
		Carrying		Fair Value		Carrying		Fair Value		Fair Value
		Amount		Fair Value		Amount		Fair Value		Hierarchy
				(In thousands)

	Notes payable		76,696		90,813		73,391		93,750	Level 1

Nature_of_Operations_Additiona

Nature of Operations - Additional Information (Detail) (Minimum)	Apr. 30, 2015
	Location
Minimum
Nature Of Operations [Line Items]
Number of sites	25

Basis_of_Presentation_Addition

Basis of Presentation - Additional information (Detail)	0 Months Ended
Basis of Presentation - Additional information (Detail)	Dec. 09, 2014
Reverse Stock Split
Basis of Presentation [Line Items]
Stock split, conversion ratio	0.01
Forward Stock Split
Basis of Presentation [Line Items]
Stock split, conversion ratio	100

Components_of_Inventories_Deta

Components of Inventories (Detail) (USD $)	Apr. 30, 2015	Jul. 31, 2014
In Thousands, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Inventory [Line Items]
Raw materials	$58,184	$51,179
Work-in-process	567	910
Finished goods	6,995	13,180
Inventories, net	$65,746	$65,269

Investments_Additional_informa

Investments - Additional information (Detail) (USD $)	3 Months Ended		9 Months Ended
Investments - Additional information (Detail) (USD $)	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014	Jul. 31, 2014
Investment [Line Items]
Unsettled trading securities liabilities					$22,430,000
Trading securities	74,835,000		74,835,000		22,793,000
Investments in privately held companies			323,000	584,000
Impairment charges	5,017,000	1,243,000	5,017,000	1,420,000
Carrying value of investment	2,278,000		2,278,000		7,172,000
Co-venturer
Investment [Line Items]
Investments in privately held companies	100,000	200,000	300,000	600,000
Impairment charges	5,000,000	1,200,000	5,000,000	1,400,000
Investment distribution income	29,000	0	400,000	0
Co-venturer \| Private Agreements
Investment [Line Items]
Carrying value of investment	2,300,000		2,300,000		7,200,000
Co-venturer \| Maximum
Investment [Line Items]
Company's voting interest	50.00%		50.00%
Co-venturer \| Minimum
Investment [Line Items]
Company's voting interest	20.00%		20.00%
Available For Sale Securities \| Co-venturer \| Maximum
Investment [Line Items]
Ownership interest on investment, percent			20.00%
Convertible Debt Securities
Investment [Line Items]
Trading Securities, debt					12,900,000
Trading securities	36,900,000		36,900,000
Common Stock
Investment [Line Items]
Trading Securities, equity					9,900,000
Common Stock \| Other Current Liabilities
Investment [Line Items]
Unsettled trading securities liabilities					$9,400,000

Goodwill_Additional_Informatio

Goodwill - Additional Information (Detail) (USD $)	3 Months Ended	9 Months Ended
Goodwill - Additional Information (Detail) (USD $)	Apr. 30, 2015	Apr. 30, 2015	Jul. 31, 2014
Goodwill [Line Items]
Goodwill	$3,058,000	$3,058,000	$3,058,000
e-Business Services
Goodwill [Line Items]
Goodwill	3,100,000	3,100,000	3,100,000
Goodwill impairment	$0	$0

Components_of_Other_Current_Li

Components of Other Current Liabilities (Detail) (USD $)	Apr. 30, 2015	Jul. 31, 2014
In Thousands, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Other Current Liabilities [Line Items]
Accrued pricing liabilities	$18,882	$19,301
Unsettled trading securities liabilities		22,430
Line of credit liability		4,453
Funds held for clients	7,948
Other	9,903	5,575
Other current liabilities	$36,733	$51,759

Other_Current_Liabilities_Addi

Other Current Liabilities - Additional Information (Detail) (USD $)	Apr. 30, 2015	Jul. 31, 2014
In Thousands, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Other Liabilities [Line Items]
Accrued pricing liabilities	$18,882	$19,301

Restructuring_Net_Additional_I

Restructuring, Net - Additional Information (Detail) (USD $)	3 Months Ended						9 Months Ended
	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2013	Apr. 30, 2015	Apr. 30, 2014
	Employee	Employee	Employee	Employee	Employee	Employee	Apr. 30, 2015	Apr. 30, 2014
Restructuring Cost and Reserve [Line Items]
Restructuring charge	$1,994,000	$1,000,000	$1,900,000	$3,468,000	$1,000,000	$900,000	$4,936,000	$5,440,000
Number of workforce reduction	63	72	93	55	35	49
e-Business Services
Restructuring Cost and Reserve [Line Items]
Restructuring charge related to workforce reduction				300,000
Americas
Restructuring Cost and Reserve [Line Items]
Restructuring charge related to workforce reduction		400,000	400,000	300,000	400,000	200,000
Asia
Restructuring Cost and Reserve [Line Items]
Restructuring charge related to workforce reduction	300,000	100,000	500,000	300,000	300,000	100,000
Europe
Restructuring Cost and Reserve [Line Items]
Restructuring charge related to workforce reduction	$1,700,000	$500,000	$1,000,000	$2,600,000	$300,000	$600,000

Activity_in_Restructuring_Accr

Activity in Restructuring Accrual (Detail) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2015
Restructuring Cost and Reserve [Line Items]
Accrued restructuring, beginning balance	$2,285
Restructuring charges	5,143
Restructuring adjustments	-207
Cash paid	-4,553
Non-cash adjustments	-199
Accrued restructuring, ending balance	2,469
Employee Related Expenses
Restructuring Cost and Reserve [Line Items]
Accrued restructuring, beginning balance	1,687
Restructuring charges	4,876
Restructuring adjustments	-151
Cash paid	-4,013
Non-cash adjustments	-129
Accrued restructuring, ending balance	2,270
Contractual Obligations
Restructuring Cost and Reserve [Line Items]
Accrued restructuring, beginning balance	598
Restructuring charges	267
Restructuring adjustments	-56
Cash paid	-540
Non-cash adjustments	-70
Accrued restructuring, ending balance	$199

Summary_of_Restructuring_Accru

Summary of Restructuring Accrual by Reportable Segment (Detail) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2015
Restructuring Cost and Reserve [Line Items]
Accrued restructuring, beginning balance	$2,285
Restructuring charges	5,143
Restructuring adjustments	-207
Cash paid	-4,553
Non-cash adjustments	-199
Accrued restructuring, ending balance	2,469
Americas
Restructuring Cost and Reserve [Line Items]
Accrued restructuring, beginning balance	195
Restructuring charges	1,026
Restructuring adjustments	-160
Cash paid	-633
Accrued restructuring, ending balance	428
Asia
Restructuring Cost and Reserve [Line Items]
Accrued restructuring, beginning balance	274
Restructuring charges	960
Restructuring adjustments	-54
Cash paid	-1,017
Non-cash adjustments	-12
Accrued restructuring, ending balance	151
Europe
Restructuring Cost and Reserve [Line Items]
Accrued restructuring, beginning balance	1,750
Restructuring charges	3,157
Restructuring adjustments	7
Cash paid	-2,893
Non-cash adjustments	-187
Accrued restructuring, ending balance	1,834
All Other
Restructuring Cost and Reserve [Line Items]
Accrued restructuring, beginning balance	66
Cash paid	-10
Accrued restructuring, ending balance	$56

Net_Restructuring_Charges_Deta

Net Restructuring Charges (Detail) (USD $)	3 Months Ended						9 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2013	Apr. 30, 2015	Apr. 30, 2014
Restructuring Cost and Reserve [Line Items]
Restructuring, net	$1,994	$1,000	$1,900	$3,468	$1,000	$900	$4,936	$5,440
Cost of revenue
Restructuring Cost and Reserve [Line Items]
Restructuring, net	1,873			2,207			4,524	3,580
Selling, general and administrative
Restructuring Cost and Reserve [Line Items]
Restructuring, net	$121			$1,261			$412	$1,860

Debt_Additional_Information_De

Debt - Additional Information (Detail) (USD $)	3 Months Ended	0 Months Ended	9 Months Ended	0 Months Ended		3 Months Ended	9 Months Ended
Debt - Additional Information (Detail) (USD $)	Apr. 30, 2015	Oct. 31, 2012	Apr. 30, 2015	Jun. 30, 2014	Mar. 18, 2014	Apr. 30, 2014	Apr. 30, 2014	Jul. 31, 2014
Debt Instrument [Line Items]
Debt instrument issued	$100,000,000		$100,000,000					$100,000,000
Debt instrument, carrying amount	76,696,000		76,696,000					73,391,000
Convertible debt, remaining discount amortization period	46 months
Wells Fargo Bank Credit Facility
Debt Instrument [Line Items]
Line of credit facility, maximum credit commitment		50,000,000
Credit facility expiry date		31-Oct-15
Debt instrument, covenant description			The Credit Facility included one restrictive financial covenant, which is minimum EBITDA, and restrictions that limited the ability of the Company, to among other things, create liens, incur additional indebtedness, make investments, or dispose of assets or property without prior approval from the lenders.
Outstanding indebtedness under the Credit Facility	0		0
Wells Fargo Bank Credit Facility \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt instrument, percentage points added to the reference rate		2.50%
Wells Fargo Bank Credit Facility \| Base Rate
Debt Instrument [Line Items]
Debt instrument, percentage points added to the reference rate		1.50%
PNC Bank Credit Facility
Debt Instrument [Line Items]
Line of credit facility, maximum credit commitment				50,000,000
Credit facility expiry date				30-Jun-19
Outstanding indebtedness under the Credit Facility	0		0					4,500,000
Line of credit facility, term				5 years
Line of credit facility, unutilized commitment fee percentage				0.25%
Scenario 1 \| PNC Bank Credit Facility \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt instrument, percentage points added to the reference rate				2.25%
Scenario 2 \| PNC Bank Credit Facility \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt instrument, percentage points added to the reference rate				1.00%
Scenario 2 \| PNC Bank Credit Facility \| Federal Funds Open Rate
Debt Instrument [Line Items]
Debt instrument, percentage points added to the reference rate				0.50%
Domestic Subsidiaries
Debt Instrument [Line Items]
Percentage of equity interests pledged			100.00%
Foreign Subsidiaries
Debt Instrument [Line Items]
Percentage of equity interests pledged			65.00%
Letter of Credit Sublimit \| PNC Bank Credit Facility
Debt Instrument [Line Items]
Line of credit facility, maximum credit commitment				5,000,000
Uncommitted Accordion Feature \| PNC Bank Credit Facility
Debt Instrument [Line Items]
Line of credit facility, maximum credit commitment				20,000,000
5.25% Convertible Senior Notes due 2019
Debt Instrument [Line Items]
Debt instrument issued	1,000		1,000		100,000,000
Debt instrument, stated interest rate					5.25%
Debt instrument convertible conversion shares per 1000 principal amount of notes	166.2593		166.2593
Initial Conversion price	$6.01		$6.01
Debt instrument, redemption price percentage					100.00%
Debt instrument, convertible, earliest date			6-Mar-17
Debt instrument, convertible, threshold percentage of stock price trigger			130.00%
Debt instrument, convertible, threshold trading days			20
Debt instrument, convertible, threshold consecutive trading days			30 days
Debt instrument conversion option			28,100,000
Debt instrument issuance costs			3,400,000
Fair value of Notes payable	90,800,000		90,800,000					93,800,000
Debt instrument, interest expense	2,549,000		7,532,000			1,149,000	1,149,000
Debt instrument, interest rate, effective percentage	14.04%		14.04%
5.25% Convertible Senior Notes due 2019 \| Noncurrent Assets
Debt Instrument [Line Items]
Debt instrument issuance costs			$2,500,000

Net_Carrying_Value_of_the_Note

Net Carrying Value of the Notes (Detail) (USD $)	Apr. 30, 2015	Jul. 31, 2014
In Thousands, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Debt Instrument [Line Items]
Carrying amount of equity component (net of allocated debt issuance costs)	$27,177	$27,177
Principal amount of Notes	100,000	100,000
Unamortized debt discount	-23,304	-26,609
Net carrying amount	$76,696	$73,391

Summary_of_Interest_Expense_Re

Summary of Interest Expense Related to Convertible Notes (Detail) (5.25% Convertible Senior Notes due 2019, USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Non Cash Convertible Debt Related Expense [Line Items]
Debt instrument, interest expense	$2,549	$1,149	$7,532	$1,149
Coupon interest rate
Non Cash Convertible Debt Related Expense [Line Items]
Debt instrument, interest expense	1,313	680	3,939	680
Accretion of debt discount
Non Cash Convertible Debt Related Expense [Line Items]
Debt instrument, interest expense	1,136	418	3,305	418
Amortization of debt issue cost
Non Cash Convertible Debt Related Expense [Line Items]
Debt instrument, interest expense	$100	$51	$288	$51

Contingencies_Additional_Infor

Contingencies - Additional Information (Detail) (USD $)	3 Months Ended	12 Months Ended	1 Months Ended
In Millions, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2012	Oct. 31, 2014
	Apr. 30, 2015	LegalMatter	Oct. 31, 2014
Commitments and Contingencies [Line Items]
Loss contingency	$1.50
Number of purported class actions filed following the announcement		3
Covered by Insurance Proceeds
Commitments and Contingencies [Line Items]
Class settlement amount			$4

Components_of_Other_Gains_Net_

Components of Other Gains, Net (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Component Of Other Expense Income Nonoperating [Line Items]
Foreign currency exchange gain (losses)	($84)	($537)	$2,346	($707)
Gain on disposal of assets	15		44	467
Gain on Trading Securities	3,227		5,328
Other, net	365	30	-957	-76
Other losses, net	$3,523	($507)	$6,761	($316)

Other_Gains_Losses_Net_Additio

Other Gains (Losses), Net - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Component Of Other Expense Income Nonoperating [Line Items]
Foreign currency exchange gains (losses)	($84,000)	($537,000)	$2,346,000	($707,000)
Non-cash gains (losses) in trading securities	3,227,000		5,328,000
Foreign Exchange Contract
Component Of Other Expense Income Nonoperating [Line Items]
Foreign currency exchange gains (losses)	500,000		-600,000
Americas \| Gain Loss On Foreign Currency Transactions
Component Of Other Expense Income Nonoperating [Line Items]
Realized and unrealized gains (losses) from foreign currency exposures and settled transactions	100,000	200,000	500,000	100,000
Asia \| Gain Loss On Foreign Currency Transactions
Component Of Other Expense Income Nonoperating [Line Items]
Realized and unrealized gains (losses) from foreign currency exposures and settled transactions	500,000	-200,000	400,000	-500,000
Europe \| Gain Loss On Foreign Currency Transactions
Component Of Other Expense Income Nonoperating [Line Items]
Realized and unrealized gains (losses) from foreign currency exposures and settled transactions	-400,000	-500,000	1,600,000	-300,000
All Other Countries \| Gain Loss On Foreign Currency Transactions
Component Of Other Expense Income Nonoperating [Line Items]
Realized and unrealized gains (losses) from foreign currency exposures and settled transactions	($300,000)		($200,000)

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (USD $)	0 Months Ended	9 Months Ended	0 Months Ended
Income Taxes - Additional Information (Detail) (USD $)	Oct. 09, 2014	Apr. 30, 2015	Dec. 29, 2014	Jul. 31, 2014
Income Taxes [Line Items]
Unrecognized tax benefits related to federal, state and foreign taxes		$1,500,000		$1,000,000
Income tax positions penalties accrued		0
Expected any unrecognized tax benefits to reverse in the next twelve months		$0
Stockholder owning ownership on corporation's securities percentage		5.00%
Stockholder owning ownership on corporation's securities rolling period		3 years
Amended expiration date of the Tax Plan	17-Oct-17
Maximum
Income Taxes [Line Items]
Percentage of common shares outstanding permitted for acquired by HNH and its affiliates			45.00%
Protective Amendment \| Minimum
Income Taxes [Line Items]
Percentage of ownership require to obtain approval from board of directors to acquiring shares of the company's securities			4.99%
Tax Benefit Preservation Plan
Income Taxes [Line Items]
Tax Benefit Preservation Plan, adoption date		10/17/11
Tax Benefit Preservation Plan \| Minimum
Income Taxes [Line Items]
Percentage of ownership require to obtain approval from board of directors to acquiring shares of the company's securities		4.99%
United States \| Federal
Income Taxes [Line Items]
Tax examinations tax period		Tax years ended July 31, 2010 through July 31, 2014
Europe \| Foreign
Income Taxes [Line Items]
Tax examinations tax period		2006 through 2013 tax years
Asia \| Foreign
Income Taxes [Line Items]
Tax examinations tax period		2002 through 2013 tax years

Reconciliation_of_Earnings_Los

Reconciliation of Earnings (Loss) Per Share (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Schedule Of Earnings Per Share Basic And Diluted [Line Items]
Loss from continuing operations	($12,106)	($9,478)	($13,440)	($7,877)
Income from discontinued operations				80
Net loss	($12,106)	($9,478)	($13,440)	($7,797)
Weighted average common shares outstanding	51,750	51,498	51,917	51,502
Weighted average common equivalent shares arising from dilutive stock options and restricted stock	0	0	0	0
Weighted average number of common and potential common shares	51,750	51,498	51,917	51,502
Basic net income (loss) per common share from:
Continuing operations	($0.23)	($0.18)	($0.26)	($0.15)
Discontinued operations	$0	$0	$0	$0
Basic net loss per common share	($0.23)	($0.18)	($0.26)	($0.15)
Diluted net income (loss) per common share from:
Continuing operations	($0.23)	($0.18)	($0.26)	($0.15)
Discontinued operations	$0	$0	$0	$0
Diluted net loss per common share	($0.23)	($0.18)	($0.26)	($0.15)

Earnings_Loss_Per_Share_Additi

Earnings (Loss) Per Share - Additional Information (Detail)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Earnings Per Share [Line Items]
Common stock equivalent shares excluded from the denominator in the calculation of diluted earnings per share	20.5	4.2	21.1	4.8

Summary_of_ShareBased_Compensa

Summary of Share-Based Compensation Expense Related to Employee Stock Options, Employee Stock Purchases and Non-Vested Shares (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	$442	$513	$1,297	$1,663
Cost of revenue
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	38	110	171	343
Selling, general and administrative
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	$404	$403	$1,126	$1,320

ShareBased_Payments_Additional

Share-Based Payments - Additional Information (Detail) (USD $)	Apr. 30, 2015
In Millions, unless otherwise specified	Apr. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to nonvested shares	$2.90

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Items (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income at beginning of period			$13,968
Foreign currency translation adjustment	493	1,277	-6,661	1,219
Pension liability adjustments		-1,164	-811	-914
Net unrealized holding gain on securities	7	11	1	7
Net current-period other comprehensive income	500	124	-7,471	312
Accumulated other comprehensive income at end of period	6,497		6,497
Foreign currency items
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income at beginning of period			15,833
Foreign currency translation adjustment			-6,661
Net current-period other comprehensive income			-6,661
Accumulated other comprehensive income at end of period	9,172		9,172
Pension items
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income at beginning of period			-1,900
Pension liability adjustments			-811
Net current-period other comprehensive income			-811
Accumulated other comprehensive income at end of period	-2,711		-2,711
Unrealized gains (losses) on securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income at beginning of period			35
Net unrealized holding gain on securities			1
Net current-period other comprehensive income			1
Accumulated other comprehensive income at end of period	$36		$36

Foreign_Currency_Contracts_Add

Foreign Currency Contracts - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Foreign currency exchange gains (losses)	($84,000)	($537,000)	$2,346,000	($707,000)
Foreign Exchange Contract
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, notional amount	9,865,000		9,865,000
Foreign currency exchange gains (losses)	500,000		-600,000
Foreign Exchange Contract \| Other Current Liabilities
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative liability, notional amount	$400,000		$400,000

Schedule_of_Foreign_Currency_C

Schedule of Foreign Currency Contracts (Detail) (Foreign Exchange Contract)	Apr. 30, 2015	Apr. 30, 2015	Apr. 30, 2015	Apr. 30, 2015	Apr. 30, 2015	Apr. 30, 2015	Apr. 30, 2015
In Thousands, unless otherwise specified	USD ($)	Buy CNH	Buy CNH	Buy CZK	Buy CZK	Buy EUR	Buy EUR
		USD ($)	CNY	USD ($)	CZK	USD ($)	EUR (€)
Contractual Amounts Of Foreign Currency Forward Contracts [Line Items]
Derivative, notional amount	$9,865	$7,227	44,893	$1,245	26,352	$1,393	€ 1,072

Related_Party_Transactions_Add

Related Party Transactions - Additional Information (Detail) (SP Corporate, Management Services Agreement, USD $)	0 Months Ended
	Dec. 24, 2014
SP Corporate \| Management Services Agreement
Related Party Transaction [Line Items]
Management services agreement, effective date of agreement	1-Jan-15
Management services agreement, expiry date of agreement	30-Jun-15
Fixed monthly fee to be paid in consideration of services	$175,000

Discontinued_Operations_and_Di1

Discontinued Operations and Divestitures - Additional Information (Detail) (USD $)	0 Months Ended
In Millions, unless otherwise specified	Aug. 01, 2013
Discontinued Operations [Line Items]
Lease termination fee	$0.40

Segment_Information_Additional

Segment Information - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014	Jul. 31, 2014
	Apr. 30, 2015	Apr. 30, 2014	Segment	Apr. 30, 2014	Jul. 31, 2014
Segment Reporting Information [Line Items]
Number of operating segments			4
Number of reportable segments			3
Total assets	$475,575		$475,575		$451,646
Net revenue	106,234	173,274	441,988	558,700
United States
Segment Reporting Information [Line Items]
Total assets	13,700		13,700		19,300
Net revenue	33,600	73,400	169,900	229,900
Ireland
Segment Reporting Information [Line Items]
Total assets	3,800		3,800		4,700
China
Segment Reporting Information [Line Items]
Net revenue	28,200	30,300	100,300	98,500
Netherlands
Segment Reporting Information [Line Items]
Total assets	4,000		4,000		3,600
Net revenue	12,700	24,000	52,600	78,100
Czech Republic
Segment Reporting Information [Line Items]
Net revenue	$16,600	$20,700	$65,400	$73,700

Summarized_Financial_Informati

Summarized Financial Information of Continuing Operations by Operating Segment and Corporate-Level Activity (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Segment Reporting Information [Line Items]
Net revenue	$106,234	$173,274	$441,988	$558,700
Operating income (loss)	-7,552	-5,138	-5,759	-1,282
Total other income (expense)	-3,860	-3,640	-5,489	-3,871
Loss from continuing operations before income taxes	-11,412	-8,778	-11,248	-5,153
Operating Segments
Segment Reporting Information [Line Items]
Operating income (loss)	-4,588	228	3,113	13,469
Operating Segments \| Americas
Segment Reporting Information [Line Items]
Net revenue	32,732	74,429	167,772	229,791
Operating income (loss)	-2,771	2,736	-1,292	8,304
Operating Segments \| Asia
Segment Reporting Information [Line Items]
Net revenue	35,082	41,387	123,530	134,307
Operating income (loss)	895	2,342	8,925	14,001
Operating Segments \| Europe
Segment Reporting Information [Line Items]
Net revenue	30,720	48,423	125,761	165,790
Operating income (loss)	-2,700	-4,439	-5,030	-8,934
Operating Segments \| All Other
Segment Reporting Information [Line Items]
Net revenue	7,700	9,035	24,925	28,812
Operating income (loss)	-12	-411	510	98
Corporate-level activity
Segment Reporting Information [Line Items]
Operating income (loss)	($2,964)	($5,366)	($8,872)	($14,751)

Total_Assets_of_Continuing_Ope

Total Assets of Continuing Operations (Detail) (USD $)	Apr. 30, 2015	Jul. 31, 2014
In Thousands, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Segment Reporting Information [Line Items]
Total assets	$475,575	$451,646
Operating Segments
Segment Reporting Information [Line Items]
Total assets	269,872	247,551
Operating Segments \| Americas
Segment Reporting Information [Line Items]
Total assets	38,459	73,254
Operating Segments \| Asia
Segment Reporting Information [Line Items]
Total assets	143,371	78,749
Operating Segments \| Europe
Segment Reporting Information [Line Items]
Total assets	66,046	81,327
Operating Segments \| All Other
Segment Reporting Information [Line Items]
Total assets	21,996	14,221
Corporate-level activity
Segment Reporting Information [Line Items]
Total assets	$205,703	$204,095

Summarized_Financial_Informati1

Summarized Financial Information of Net Revenue from External Customers by Group of Services (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenue	$106,234	$173,274	$441,988	$558,700
Supply Chain Services
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenue	91,890	149,777	380,268	489,324
After Market Services
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenue	6,644	14,462	36,795	40,564
e-Business Services
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenue	$7,700	$9,035	$24,925	$28,812

Fair_Value_Measurement_of_Asse2

Fair Value Measurement of Assets and Liabilities - Additional Information (Detail) (USD $)	9 Months Ended	12 Months Ended
	Apr. 30, 2015	Jul. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Defined benefit plans assets percentage invested in bank-managed portfolios	100.00%
Transfers between Levels 1, 2 or 3	$0	$0

Financial_Assets_Measured_at_F

Financial Assets Measured at Fair Value on Recurring Basis and Classified by Fair Value Hierarchy (Detail) (Fair Value, Measurements, Recurring, USD $)	Apr. 30, 2015	Jul. 31, 2014
In Thousands, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Marketable equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, recurring	$37,961	$9,856
Marketable corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, recurring	36,874	12,937
Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, recurring	74,563	150,626
Foreign currency contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities, fair value disclosure, recurring	386
Fair Value, Inputs, Level 1 \| Marketable equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, recurring	37,961	9,856
Fair Value, Inputs, Level 1 \| Marketable corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, recurring	36,874	12,937
Fair Value, Inputs, Level 1 \| Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, recurring	74,563	150,626
Fair Value, Inputs, Level 2 \| Foreign currency contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities, fair value disclosure, recurring	$386

Debt_not_Carried_at_Fair_Value

Debt not Carried at Fair Value (Detail) (USD $)	Apr. 30, 2015	Jul. 31, 2014
In Thousands, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	$76,696	$73,391
Notes payable, Fair Value	$90,813	$93,750