• Filing Date: 2020-06-12
  • Form Type: 10-Q
  • Description: Quarterly report
v3.20.1
Derivative Instruments (Tables)
9 Months Ended
Apr. 30, 2020
Schedule of fair value of derivative assets and liabilities

 

Derivatives Instruments

  Balance Sheet Location  April 30,
2020
   July 31,
2019
 
      (in thousands) 
Derivatives not designated or not qualifying as hedging instruments:           
Foreign exchange forward contracts  Accrued expenses and other current liabilities  $145   $38 

Schedule of derivative instruments on consolidated statements of comprehensive loss

      Amount of Loss Recognized on Derivatives 
      Three Months Ended   Nine Months Ended 
      April 30,   April 30, 
Derivatives not designated or not qualifying as hedging instruments  Statement of Comprehensive Loss Location  2020   2019   2020   2019 
      (in thousands)   (in thousands) 
Foreign exchange forward contracts  Net loss resulting from foreign exchange transactions  $273   $80   $327   $254 

Western Alliance Bank [Member]  
Schedule of outstanding foreign exchange contracts
Settlement Date  U.S. Dollar Amount   NOK Amount 
May-20   350,000    3,216,464 
Jun-20   350,000    3,216,359 
Jul-20   350,000    3,216,114 
Aug-20   350,000    3,216,324 
Total  $1,400,000    12,865,261