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Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Apr. 30, 2014	May 29, 2014
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Apr. 30, 2014
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q3
Trading Symbol	MLNK
Entity Registrant Name	MODUSLINK GLOBAL SOLUTIONS INC
Entity Central Index Key	0000914712
Current Fiscal Year End Date	--07-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		51,931,730

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 30, 2014	Jul. 31, 2013
Current assets:
Cash and cash equivalents	$ 170,554	$ 77,916
Accounts receivable, trade, net of allowance for doubtful accounts of $68 and $64 at April 30, 2014 and July 31, 2013, respectively	139,051	142,098
Inventories	62,275	61,322
Prepaid expenses and other current assets	11,747	9,750
Total current assets	383,627	291,086
Property and equipment, net	27,009	34,290
Investments in affiliates	7,000	7,970
Goodwill	3,058	3,058
Other intangible assets, net	935	1,764
Other assets	7,357	5,528
Total assets	428,986	343,696
Current liabilities:
Accounts payable	99,977	110,148
Accrued restructuring	2,538	4,670
Accrued expenses	39,681	34,748
Other current liabilities	25,488	26,865
Total current liabilities	167,684	176,431
Long-term portion of accrued restructuring	235	494
Notes payable	72,320
Other long-term liabilities	9,950	9,866
Long-term liabilities	82,505	10,360
Total liabilities	250,189	186,791
Stockholders' equity:
Preferred stock, $0.01 par value per share. Authorized 5,000,000 shares; zero issued or outstanding shares at April 30, 2014 and July 31, 2013
Common stock, $0.01 par value per share. Authorized 1,400,000,000 shares; 51,891,548 issued and outstanding shares at April 30, 2014; 51,575,893 issued and outstanding shares at July 31, 2013	519	516
Additional paid-in capital	7,449,180	7,419,806
Accumulated deficit	(7,284,927)	(7,277,130)
Accumulated other comprehensive income	14,025	13,713
Total stockholders' equity	178,797	156,905
Total liabilities and stockholders' equity	$ 428,986	$ 343,696

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Apr. 30, 2014	Jul. 31, 2013
Accounts receivable, trade, allowance for doubtful accounts	$ 68	$ 64
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	51,891,548	51,575,893
Common stock, shares outstanding	51,891,548	51,575,893

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013
Net revenue	$ 173,274	$ 173,016	$ 558,700	$ 573,503
Cost of revenue	157,575	157,641	498,426	519,226
Gross profit	15,699	15,375	60,274	54,277
Operating expenses
Selling, general and administrative	17,100	19,287	54,787	67,149
Amortization of intangible assets	269	283	829	852
Impairment of long-lived assets			500
Restructuring, net	3,468	2,565	5,440	8,833
Total operating expenses	20,837	22,135	61,556	76,834
Operating loss	(5,138)	(6,760)	(1,282)	(22,557)
Other expense:
Interest income	159	64	326	229
Interest expense	(2,049)	(324)	(2,461)	(524)
Other losses, net	(507)	(417)	(316)	(2,715)
Impairment of investments in affiliates	(1,243)		(1,420)	(1,500)
Total other expense	(3,640)	(677)	(3,871)	(4,510)
Loss from continuing operations before income taxes	(8,778)	(7,437)	(5,153)	(27,067)
Income tax expense	700	392	2,590	1,975
Equity in losses of affiliates, net of tax		418	134	1,453
Loss from continuing operations	(9,478)	(8,247)	(7,877)	(30,495)
Discontinued operations, net of income taxes:
Income (loss) from discontinued operations		(59)	80	(1,019)
Net loss	$ (9,478)	$ (8,306)	$ (7,797)	$ (31,514)
Net loss per share - basic and diluted:
Loss from continuing operations	$ (0.18)	$ (0.17)	$ (0.15)	$ (0.68)
Loss from discontinued operations				(0.02)
Net loss	$ (0.18)	$ (0.17)	$ (0.15)	$ (0.70)
Weighted average common shares outstanding - basic and diluted	51,498	47,968	51,502	45,046

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013
Net loss	$ (9,478)	$ (8,306)	$ (7,797)	$ (31,514)
Other comprehensive income:
Foreign currency translation adjustment	1,277	(918)	1,219	4,098
Pension liability adjustments, net of tax	(1,164)		(914)
Net unrealized holding gain on securities	11	36	7	35
Total adjustments	124	(882)	312	4,133
Comprehensive loss	$ (9,354)	$ (9,188)	$ (7,485)	$ (27,381)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

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+ Details

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Apr. 30, 2014	Apr. 30, 2013
Cash flows from operating activities of continuing operations:
Net loss	$ (7,797)	$ (31,514)
Income (loss) from discontinued operations	80	(1,019)
Loss from continuing operations	(7,877)	(30,495)
Adjustments to reconcile income (loss) from continuing operations to net cash provided by operating activities of continuing operations:
Depreciation	10,198	10,211
Amortization of intangible assets	829	852
Amortization of deferred financing costs	1,113	236
Accretion of debt discount	418
Impairment of long-lived assets	500
Loss on the sale of available-for-sale securities		19
Share-based compensation	1,663	1,841
Non-operating losses, net	316	2,715
Equity in losses of affiliates and impairments	1,554	2,953
Changes in operating assets and liabilities:
Trade accounts receivable, net	3,876	(537)
Inventories	(343)	13,483
Prepaid expenses and other current assets	(1,927)	1,026
Accounts payable, accrued restructuring and accrued expenses	(9,008)	(1,198)
Refundable and accrued income taxes, net	243	(2,614)
Other assets and liabilities	(2,144)	(271)
Net cash used in by operating activities of continuing operations	(589)	(1,779)
Cash flows from investing activities of continuing operations:
Additions to property and equipment	(3,142)	(4,572)
Proceeds from the disposition of the TFL business, net of transaction costs of $81		1,269
Proceeds from the sale of available-for-sale securities		96
Proceeds from the sale of equity investments in affiliates		207
Investments in affiliates	(584)	(1,637)
Net cash used in investing activities of continuing operations	(3,726)	(4,637)
Cash flows from financing activities of continuing operations:
Payment of deferred financing costs		(1,416)
Repayments on capital lease obligations	(81)	(45)
Proceeds from issuance of common stock to Steel Partners Holdings, L.P., net of transaction costs of $2,325 during the nine months ended April 30, 2013		27,675
Proceeds from issuance of common stock transaction costs	505
Proceeds from issuance of convertible notes, net of transaction costs of $3,430 during the nine months ended April 30, 2014	96,570
Repurchase of common stock		(152)
Net cash provided by financing activities of continuing operations	96,994	26,062
Cash flows from discontinued operations:
Operating cash flows	(324)	(1,791)
Net cash used in discontinued operations	(324)	(1,791)
Net effect of exchange rate changes on cash and cash equivalents	283	952
Net decrease in cash and cash equivalents	92,638	18,807
Cash and cash equivalents at beginning of period	77,916	52,369
Cash and cash equivalents at end of period	$ 170,554	$ 71,176

Condensed Consolidated Statements of Cash Flows (Parenthetical) $ in Thousands	9 Months Ended
	Apr. 30, 2014 USD ($)
Disposition of the TFL business, transaction costs	$ 81
Common stock issuance, transaction cost	2,325
Convertible notes issuance, transaction Cost	$ 3,430

Nature of Operations

9 Months Ended

Apr. 30, 2014

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

9 Months Ended

Apr. 30, 2014

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, 2013, which are contained in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on October 15, 2013. The results for the three and nine months ended April 30, 2014 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, 2014, the Company evaluated subsequent events for potential recognition and disclosure through the date these financial statements were filed.

Recent Accounting Pronouncements

9 Months Ended

Apr. 30, 2014

Recent Accounting Pronouncements

(3) RECENT ACCOUNTING PRONOUNCEMENTS

In July 2013, the Financial Accounting Standards Board (“FASB”) issued ASU 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Exists”, amending the guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, similar tax loss, or tax credit carryforward exists. The guidance requires an unrecognized tax benefit, or a portion of an unrecognized tax benefit, to be presented as a reduction of a deferred tax asset when a net operating loss carryforward, similar tax loss, or tax credit carryforward exists, with certain exceptions. This accounting guidance is effective prospectively starting with our first quarter of fiscal year 2015, and is related to presentation only. Its adoption will not have a material impact on our consolidated results of operations, financial position or cash flows.

In the second quarter of 2014, the Company adopted FASB ASU No. 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, which amends ASC 220, Comprehensive Income. This ASU requires the disclosure of amounts reclassified out of accumulated other comprehensive income by component and by net income line item. The disclosure may be provided either parenthetically on the face of the financial statements or in the notes. The adoption did not have a material effect on the Company’s consolidated financial statements and as a result no disclosure was provided in the notes.

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 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. The Company has not determined the potential effects on the consolidated financial statements.

- Definition

The entire disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6507316

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-Name Accounting Standards Codification
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+ Details

Inventories

9 Months Ended

Apr. 30, 2014

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, power cords and cables for client-owned electronic devices.

Inventories consisted of the following:


	April 30,		July 31,
	2014		2013
	(In thousands)
Raw materials	$	47,153	$	46,920
Work-in-process		821		1,256
Finished goods		14,301		13,146

	$	62,275	$	61,322

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 in Affiliates

9 Months Ended

Apr. 30, 2014

Investments in Affiliates

(5) INVESTMENTS IN AFFILIATES

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, 2014, approximately $0.2 million and $0.6 million was invested by @Ventures in privately held companies, respectively. During the three and nine months ended April 30, 2013, approximately $0.2 million and $1.6 million was invested by @Ventures in privately held companies, respectively. 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. No impairment charges were recorded during the three months ended April 30, 2013. During the nine months ended April 30, 2013, the Company recorded a $1.5 million impairment charge related to an investment in the @Ventures portfolio of companies. During the nine month periods ended April 30, 2013, the Company received distributions from its investments of $0.2 million. The Company did not receive any distributions from its investments during the current year. At April 30, 2014 and July 31, 2013, the Company’s carrying value of investments in privately held companies was approximately $7.0 million and $8.0 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 (the “cost method”) 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 losses of affiliates and impairments” in the Company’s Consolidated Statement of Operations. As of April 30, 2014 all of the investments in affiliates held by the Company are being accounted for under the cost method.

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

9 Months Ended

Apr. 30, 2014

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 its All Other category, which primarily represents the e-Business operating segment.

The Company’s remaining goodwill of $3.1 million as of April 30, 2014 and July 31, 2013 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, 2014.

Other Current Liabilities

9 Months Ended

Apr. 30, 2014

Other Current Liabilities

(7) OTHER CURRENT LIABILITIES

The following table reflects the components of “Other Current Liabilities”:


	April 30,		July 31,
	2014		2013

Accrued pricing liabilities	$	20,015	$	20,854
Other		5,473		6,011

	$	25,488	$	26,865

As of April 30, 2014 and July 31, 2013, the Company had accrued pricing liabilities of approximately $20.0 million and $20.9 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, 2014 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

9 Months Ended

Apr. 30, 2014

Restructuring, Net

(8) RESTRUCTURING, NET

Restructuring and other costs for the three and nine months ended April 30, 2014 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, 2014. 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 these contractual obligations will be substantially fulfilled by August 2015.

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 $2.6 million restructuring charge recorded during the three months ended April 30, 2013 primarily consisted of $2.5 million of employee-related costs in the Europe region, related to the workforce reduction of 75 employees in our global supply chain operations, as well as $0.1 million related to our e-Business operation.

The $5.4 million restructuring charge recorded during the nine months ended April 30, 2014 primarily consisted of $0.9 million, $0.7 million and $3.6 million of employee-related costs in the Americas, Asia and Europe, respectively, related to the workforce reduction of 139 employees in our global supply chain operations and also $0.3 million related to our eBusiness operation. The $8.8 million restructuring charge recorded during the nine months ended April 30, 2013 primarily consisted of $1.3 million, $2.0 million and $4.7 million of employee-related costs in the Americas, Asia and Europe, respectively, related to the workforce reduction of 277 employees in our global supply chain operations and also $0.8 million related to our eBusiness operation.

The following tables summarize the activities related to the restructuring accrual by expense category and by reportable segment for the three and nine months ended April 30, 2014 (in thousands):


	Employee
	Related			Contractual
	Expenses			Obligations			Total

Accrued restructuring balance at July 31, 2013	$	3,974		$	1,190		$	5,164
Restructuring charges		5,162			294			5,456
Restructuring adjustments		(3	)		(13	)		(16	)
Cash paid		(7,214	)		(686	)		(7,900	)
Non-cash adjustments		52			17			69

Accrued restructuring balance at April 30, 2014	$	1,971		$	802		$	2,773


										All			Consolidated
	Americas			Asia			Europe			Other			Total

Accrued restructuring balance at July 31, 2013	$	382		$	520		$	4,256		$	6		$	5,164
Restructuring charges		918			718			3,512			308			5,456
Restructuring adjustments		(53	)		(12	)		57			(8	)		(16	)
Cash paid		(714	)		(1,020	)		(6,050	)		(116	)		(7,900	)
Non-cash adjustments		(81	)		(17	)		161			6			69

Accrued restructuring balance at April 30, 2014	$	452		$	189		$	1,936		$	196		$	2,773

The net restructuring charges for the three and nine months ended April 30, 2014 and 2013 would have been allocated as follows had the Company recorded the expense and adjustments within the functional department of the restructured activities (in thousands):


	Three Months Ended				Nine Months Ended
	April 30,				April 30,
	2014		2013		2014		2013

Cost of revenue	$	2,207	$	2,358	$	3,580	$	6,656
Selling, general and administrative		1,261		207		1,860		2,177

	$	3,468	$	2,565	$	5,440	$	8,833

Debt

9 Months Ended

Apr. 30, 2014

Debt

(9) DEBT

5.25% Convertible Senior Notes

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.

The Company’s decision to issue the Notes resulted from a deliberative process that considered many factors. The timing of the Notes issuance was determined in part by what the Company was advised and believed to be favorable market conditions. As noted in the Company’s prior public filings, the Company intends to use the net proceeds from the issuance of the Notes for general corporate purposes, which may include potential acquisitions and other strategic business opportunities. The Company believes that the issuance of the Notes provides greater financial flexibility to the Company may enhance our ability to consummate one or several larger and/or more attractive acquisitions and should provide our customers and/or potential customers with greater confidence in the Company’s liquidity.

The Company believes that the consummation of one or more successful acquisitions may result in the utilization over time of a material portion of the Company’s tax net operating loss carry forward (“NOLs”) and generate additional shareholder value. At July 31, 2013, the Company’s federal, state and foreign NOLs totaled approximately $2.0 billion, $450.9 million and $60.1 million, respectively.

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 shareholders, 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. 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 months ended April 30, 2014.

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.

We 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. 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 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 component 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. As of April 30, 2014, the net carrying value of the Notes was $72.3 million.


	April 30,
	2014

Carrying amount of equity component (net of allocated debt issuance costs)	$	27,148

Principal amount of Notes		100,000
Unamortized debt discount		(27,680	)

Net carrying amount	$	72,320

As of April 30, 2014, the remaining period over which the unamortized discount will be amortized is 58 months.


	Three months ended
	April 30, 2014

Interest expense related to contractual interest coupon	$	680
Interest expense related to accretion of the discount		418
Interest expense related to debt issuance costs		51

	$	1,149

During the three months ended April 30, 2014, we recognized interest expense of $1.2 million. The effective interest rate on the Notes, including amortization of debt issuance costs and accretion of the discount, is 14.3%. The notes bear interest of 5.25%.

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. As of July 31, 2013, the calculated borrowing base was $29.9 million. 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, 2014.

Contingencies

9 Months Ended

Apr. 30, 2014

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. To date, the SEC has not asserted any formal claims.

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. The parties are now preparing for discovery in these consolidated actions.

On July 13, 2012, a fourth stockholder commenced a purported derivative action in United States District Court for the District of Massachusetts against the Company (as nominal defendants), and certain of its current and former directors and officers, entitled, Samuel Montini, Derivatively On Behalf Of ModusLink Global Solutions, Inc. v. Joseph C. Lawler, Steven G. Crane, Francis J. Jules, Virginia G. Breen, Michael J. Mardy, Edward E. Lucente, Jeffrey J. Fenton, Joseph M. O’Donnell, William R. McLennan, Thomas H. Johnson, And Anthony J. Bay, Defendants, And ModusLink Global Solutions, Inc., A Delaware Corporation, Nominal Defendant, Case 1:12-CV-11296-DJC and on July 31, 2012, a fifth stockholder commenced a purported derivative action in United States District Court for the District of Massachusetts against the Company (as nominal defendants), and certain of its current and former directors and officers, entitled, Edward Tansey, Derivatively On Behalf Of ModusLink Global Solutions, Inc. v. Joseph C. Lawler, Steven G. Crane, Francis J. Jules, Virginia G. Breen, Michael J. Mardy, Edward E. Lucente, Jeffrey J. Fenton, Joseph M. O’Donnell, William R.McLennan, Thomas H. Johnson, And Anthony J. Bay, Defendants, And ModusLink Global Solutions, Inc., A Delaware Corporation, Nominal Defendant, Civil Action No. 12-CV-11399 (DJC) (collectively, the “Derivative Actions”). The Derivative Actions further assert that as a result of the individual defendants’ alleged actions and course of conduct, the Company is now the subject of the Securities Actions and will incur related expenses and a possible judgment against it. These litigation matters also arise from the issues raised in the June 11, 2012 Announcement and allege that the individual defendants breached their duty of loyalty to the Company by allowing defendants to cause, or by themselves causing, the Company to make improper statements regarding its business prospects and/or by failing to prevent the other Individual Defendants from taking such purportedly illegal actions. The plaintiffs filed a consolidated amended complaint in the Derivative Actions on March 4, 2013, and the Company moved to dismiss the Amended Complaint on April 4, 2013. On March 26, 2014, following a November 8, 2013 hearing, the Court granted the Company’s motion to dismiss with prejudice, and, on May 1, 2014, the Court entered final judgment dismissing this action.

On October 10, 2012, a sixth stockholder, Donald Reith, served upon the Company’s Board of Directors a demand to institute litigation and take other purportedly necessary, but unidentified, remedial measures to redress and prevent a recurrence of purported breaches of fiduciary duties on the part of the Board and unspecified corporate officers allegedly arising from the same facts and circumstances asserted in the Derivative Actions. On February 4, 2013, the Company’s Board of Directors voted unanimously to reject Mr. Reith’s demand.

Because the SEC has not asserted any formal claims, and because, with respect to the pending Securities Actions, no discovery has been conducted, we are unable at this time to provide a calculation of potential damages or litigation loss that is probable or estimable. Although there can be no assurance as to the ultimate outcome, the Company believes it has meritorious defenses, will deny liability, and intends to defend the Securities Actions vigorously.

Other Gains (Losses), Net

9 Months Ended

Apr. 30, 2014

Other Gains (Losses), Net

(11) OTHER GAINS (LOSSES), NET

The following table reflects the components of “Other gains (losses), net” (in thousands):


	Three Months Ended						Nine Months Ended
	April 30,						April 30,
	2014			2013			2014			2013

Foreign currency exchange gain (losses)	$	(537	)	$	(289	)	$	(707	)	$	(2,349	)
Gain (loss) on disposal of assets		—			39			467			(23	)
Other, net		30			(167	)		(76	)		(343	)

	$	(507	)	$	(417	)	$	(316	)	$	(2,715	)

The Company recorded foreign exchange losses of approximately $0.5 million and $0.3 million during the three months ended April 30, 2014 and 2013, 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. For the three months ended April 30, 2013, the net losses primarily related to realized and unrealized losses from foreign currency exposures and settled transactions of approximately $0.6 million and $0.5 million in America and Asia, respectively, offset by realized and unrealized gains of approximately $0.8 million in Europe.

The Company recorded foreign exchange losses of approximately $0.7 million and $2.3 million during the nine months ended April 30, 2014 and 2013, 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. For the nine months ended April 30, 2013, the net losses primarily related to realized and unrealized losses from foreign currency exposures and settled transactions of approximately $1.6 million in both Europe and Asia, offset by net gains of $0.9 million in the Americas.

Income Taxes

9 Months Ended

Apr. 30, 2014

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, 2014, the Company was profitable in certain jurisdictions, resulting in an income tax expense using enacted rates in those jurisdictions. As of April 30, 2014 and July 31, 2013, the total amount of the liability for unrecognized tax benefits related to federal, state and foreign taxes was approximately $1.1 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 Statement of Operations. As of April 30, 2014 and July 31, 2013, 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, 2009 through July 31, 2013. 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.

Earnings (Loss) Per Share

9 Months Ended

Apr. 30, 2014

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, 2014 and 2013 (in thousands):


	Three Months Ended						Nine Months Ended
	April 30,						April 30,
	2014			2013			2014			2013

Loss from continuing operations	$	(9,478	)	$	(8,247	)	$	(7,877	)	$	(30,495	)
Income (loss) from discontinued operations		—			(59	)		80			(1,019	)

Net Loss	$	(9,478	)	$	(8,306	)	$	(7,797	)	$	(31,514	)


Weighted average common shares outstanding		51,498			47,968			51,502			45,046
Weighted average common equivalent shares arising from dilutive stock options and restrictive stock		—			—			—			—

Weighted average number of common and potential common shares		51,498			47,968			51,502			45,046


Basic and diluted net income (loss) per common share from:
Continuing operations	$	(0.18	)	$	(0.17	)	$	(0.15	)	$	(0.68	)
Discontinued operations		—			—			—			(0.02	)

	$	(0.18	)	$	(0.17	)	$	(0.15	)	$	(0.70	)

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 share issuable upon debt conversion (calculated using an as-if converted method).

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. For the three and nine months ended April 30, 2013, approximately 3.9 million and 2.9 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.

During the periods of net loss, certain potential common shares that would otherwise be included in the diluted earnings per share calculation are excluded because they effect would be anti-dilutive. The following table sets forth common stock equivalents that were excluded from the diluted earnings per share calculation due to the net loss for the relevant period (in thousands):


	Three Months Ended				Nine Months Ended
	April 30,				April 30,
	2014		2013		2014		2013
Options		225		—		20		—
Non-vested restricted stock		111		209		85		373
Shares issuable upon debt conversion		8,220		—		2,680		—

		8,556		209		2,785		373

Share-Based Payments

9 Months Ended

Apr. 30, 2014

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, 2014 and 2013, which was allocated as follows (in thousands):


	Three Months Ended				Nine Months Ended
	April 30,				April 30,
	2014		2013		2014		2013

Cost of revenue	$	110	$	74	$	343	$	185
Selling, general and administrative		403		851		1,320		1,656

	$	513	$	925	$	1,663	$	1,841

At April 30, 2014, there was approximately $3.9 million of total unrecognized compensation cost related to non-vested share-based compensation awards under the Company’s plans.

Comprehensive Income (Loss)

9 Months Ended

Apr. 30, 2014

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 (in thousands):


	Foreign currency items		Pension items			Unrealized gains (losses) on securities		Total

Accumulated other comprehensive income at July 31, 2013	$	15,759	$	(2,066	)	$	20	$	13,713

Foreign currency translation adjustment		1,219		—			—		1,219
Pension liability adjustments		—		(914	)		—		(914	)
Net unrealized holding gain on securities		—		—			7		7

Net current-period other comprehensive income		1,219		(914	)		7		312

Accumulated other comprehensive income at April 30, 2014	$	16,978	$	(2,980	)	$	27	$	14,025

For the nine months ended April 30, 2014, the Company recorded approximately $0.3 million in taxes related to its defined benefit pension plan.

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

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+ Details

Discontinued Operations and Divestitures

9 Months Ended

Apr. 30, 2014

Discontinued Operations and Divestitures

(16) DISCONTINUED OPERATIONS AND DIVESTITURES

On January 11, 2013, the Company’s wholly-owned subsidiary, Tech for Less LLC (“TFL”) sold substantially all of its assets to Encore Holdings, LLC (“Encore”). The consideration paid by Encore for the assets was $1.6 million, which consisted of a gross purchase price of $1.9 million less certain adjustments. At the time of sale, the Company received $1.4 million of the purchase price, with the remaining $0.2 million held in escrow for the satisfaction of any post-closing claims. During the fourth quarter of fiscal 2013, the Company reached a settlement agreement with Encore whereby the Company received $0.1 million of the escrow amount, with the remainder reverting to Encore. As a result of the settlement of the escrow amount, the Company’s gain on the sale of TFL was reduced by $0.1 million from $0.7 million to $0.6 million. In conjunction with the asset sale agreement, the Company entered into a transition support agreement with Encore to provide certain administrative services for a period of 90 days from the closing date of the transaction. The Company’s obligations under the transition support agreement were completed during the third quarter of fiscal year 2013. The Company did not generate significant continuing cash flows from the transition support agreement.

The Company’s other 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.

- Definition

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

+ References

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-Section 45
-Paragraph 3
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
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-Section 45
-Paragraph 5
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 205
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-Name Accounting Standards Codification
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
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+ Details

Segment Information

9 Months Ended

Apr. 30, 2014

Segment Information

(17) SEGMENT INFORMATION

The Company has five operating segments: Americas; Asia; Europe; e-Business; and ModusLink PTS. 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. The Company reports the ModusLink PTS operating segment in aggregation with the Americas operating segment as part of the Americas reportable segment. 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, investments and other assets, 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 April 30,						Nine Months Ended April 30,
	2014			2013			2014			2013

Net revenue:
Americas	$	74,429		$	64,496		$	229,791		$	196,137
Asia		41,387			48,133			134,307			164,864
Europe		48,423			51,952			165,790			188,700
All Other		9,035			8,435			28,812			23,802

	$	173,274		$	173,016		$	558,700		$	573,503

Operating income (loss):
Americas	$	2,736		$	679		$	8,304		$	(1,820	)
Asia		2,342			3,614			14,001			16,379
Europe		(4,439	)		(5,868	)		(8,934	)		(13,579	)
All Other		(411	)		301			98			(256	)

Total Segment operating income (loss)		228			(1,274	)		13,469			724
Corporate-level activity		(5,366	)		(5,486	)		(14,751	)		(23,281	)

Total operating loss		(5,138	)		(6,760	)		(1,282	)		(22,557	)

Total other expense		(3,640	)		(677	)		(3,871	)		(4,510	)

Loss from continuing operations before income taxes	$	(8,778	)	$	(7,437	)	$	(5,153	)	$	(27,067	)


	April 30,		July 31,
	2014		2013

Total assets:
Americas	$	71,579	$	65,790
Asia		80,381		93,547
Europe		96,969		97,524
All Other		14,767		17,369

Sub-total - segment assets		263,696		274,230
Corporate		165,290		69,466

	$	428,986	$	343,696

As of April 30, 2014, approximately 54%, 19% and 27% of the Company’s long-lived assets were located in the Americas, Asia and Europe, respectively. As of July 31, 2013, approximately 58%, 18% and 24% of the Company’s long-lived assets were located in the Americas, Asia and Europe, respectively.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
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-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
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-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

+ Details

Subsequent Events

9 Months Ended

Apr. 30, 2014

Subsequent Events

(18) SUBSEQUENT EVENTS

The Company was recently informed by a major client in the computing market that due to a further change in the client’s supply chain strategy, a number of programs currently sourced with the Company primarily in the Americas will conclude by October 30, 2014. Combined, these programs currently account for approximately $150 million to $160 million of annual net revenue and approximately $2.5 million to $3.5 million of operating income due to the historically low margins we have realized from these programs. We are currently working with this client to establish a comprehensive plan to transition the programs, which when fully completed, is expected to yield working capital in the range of $20 million to $25 million. The Company does not expect that the exit of these programs will have a significant impact on results of operations for the current fiscal year and the Company will continue to support a number of additional programs for this client. We are seeking and will continue to seek to offset the loss of net revenue and the associated operating income through increased revenues from new client program wins along with increased business with existing clients, ongoing productivity increases and cost reduction initiatives.

Inventories (Tables)

9 Months Ended

Apr. 30, 2014

Components of Inventories

Inventories consisted of the following:


	April 30,		July 31,
	2014		2013
	(In thousands)
Raw materials	$	47,153	$	46,920
Work-in-process		821		1,256
Finished goods		14,301		13,146

	$	62,275	$	61,322

Other Current Liabilities (Tables)

9 Months Ended

Apr. 30, 2014

Components of Other Current Liabilities

The following table reflects the components of “Other Current Liabilities”:


	April 30,		July 31,
	2014		2013

Accrued pricing liabilities	$	20,015	$	20,854
Other		5,473		6,011

	$	25,488	$	26,865

Restructuring, Net (Tables)

9 Months Ended

Apr. 30, 2014

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 three and nine months ended April 30, 2014 (in thousands):


	Employee
	Related			Contractual
	Expenses			Obligations			Total

Accrued restructuring balance at July 31, 2013	$	3,974		$	1,190		$	5,164
Restructuring charges		5,162			294			5,456
Restructuring adjustments		(3	)		(13	)		(16	)
Cash paid		(7,214	)		(686	)		(7,900	)
Non-cash adjustments		52			17			69

Accrued restructuring balance at April 30, 2014	$	1,971		$	802		$	2,773


										All			Consolidated
	Americas			Asia			Europe			Other			Total

Accrued restructuring balance at July 31, 2013	$	382		$	520		$	4,256		$	6		$	5,164
Restructuring charges		918			718			3,512			308			5,456
Restructuring adjustments		(53	)		(12	)		57			(8	)		(16	)
Cash paid		(714	)		(1,020	)		(6,050	)		(116	)		(7,900	)
Non-cash adjustments		(81	)		(17	)		161			6			69

Accrued restructuring balance at April 30, 2014	$	452		$	189		$	1,936		$	196		$	2,773

Net Restrucuring Charges


	Three Months Ended				Nine Months Ended
	April 30,				April 30,
	2014		2013		2014		2013

Cost of revenue	$	2,207	$	2,358	$	3,580	$	6,656
Selling, general and administrative		1,261		207		1,860		2,177

	$	3,468	$	2,565	$	5,440	$	8,833

Debt (Tables)

9 Months Ended

Apr. 30, 2014

Issuance Costs Allocated to Equity Component

The issuance costs allocated to the equity component is recorded as a reduction to additional paid-in capital. As of April 30, 2014, the net carrying value of the Notes was $72.3 million.


	April 30,
	2014

Carrying amount of equity component (net of allocated debt issuance costs)	$	27,148

Principal amount of Notes		100,000
Unamortized debt discount		(27,680	)

Net carrying amount	$	72,320

Summary of Interest Expense Related to Convertible Notes

As of April 30, 2014, the remaining period over which the unamortized discount will be amortized is 58 months.


	Three months ended
	April 30, 2014

Interest expense related to contractual interest coupon	$	680
Interest expense related to accretion of the discount		418
Interest expense related to debt issuance costs		51

	$	1,149

Other Gains (Losses), Net (Tables)

9 Months Ended

Apr. 30, 2014

Components of Other Gains (Losses), Net

The following table reflects the components of “Other gains (losses), net” (in thousands):


	Three Months Ended						Nine Months Ended
	April 30,						April 30,
	2014			2013			2014			2013

Foreign currency exchange gain (losses)	$	(537	)	$	(289	)	$	(707	)	$	(2,349	)
Gain (loss) on disposal of assets		—			39			467			(23	)
Other, net		30			(167	)		(76	)		(343	)

	$	(507	)	$	(417	)	$	(316	)	$	(2,715	)

Earnings (Loss) Per Share (Tables)

9 Months Ended

Apr. 30, 2014

Reconciliation of Earnings (Loss) Per Share

The following table reconciles earnings (loss) per share for the three and nine months ended April 30, 2014 and 2013 (in thousands):


	Three Months Ended						Nine Months Ended
	April 30,						April 30,
	2014			2013			2014			2013

Loss from continuing operations	$	(9,478	)	$	(8,247	)	$	(7,877	)	$	(30,495	)
Income (loss) from discontinued operations		—			(59	)		80			(1,019	)

Net Loss	$	(9,478	)	$	(8,306	)	$	(7,797	)	$	(31,514	)


Weighted average common shares outstanding		51,498			47,968			51,502			45,046
Weighted average common equivalent shares arising from dilutive stock options and restrictive stock		—			—			—			—

Weighted average number of common and potential common shares		51,498			47,968			51,502			45,046


Basic and diluted net income (loss) per common share from:
Continuing operations	$	(0.18	)	$	(0.17	)	$	(0.15	)	$	(0.68	)
Discontinued operations		—			—			—			(0.02	)

	$	(0.18	)	$	(0.17	)	$	(0.15	)	$	(0.70	)

Common Stock Equivalents Excluded from Diluted Earnings Per Share Calculation

The following table sets forth common stock equivalents that were excluded from the diluted earnings per share calculation due to the net loss for the relevant period (in thousands):


	Three Months Ended				Nine Months Ended
	April 30,				April 30,
	2014		2013		2014		2013
Options		225		—		20		—
Non-vested restricted stock		111		209		85		373
Shares issuable upon debt conversion		8,220		—		2,680		—

		8,556		209		2,785		373

Share-Based Payments (Tables)

9 Months Ended

Apr. 30, 2014

Summary of Share-Based Compensation Expense Related to Employee Stock Options, Employee Stock Purchases and Nonvested Shares


	Three Months Ended				Nine Months Ended
	April 30,				April 30,
	2014		2013		2014		2013

Cost of revenue	$	110	$	74	$	343	$	185
Selling, general and administrative		403		851		1,320		1,656

	$	513	$	925	$	1,663	$	1,841

Comprehensive Income (Loss) (Tables)

9 Months Ended

Apr. 30, 2014

Accumulated Other Comprehensive Items

Accumulated other comprehensive items consist of the following (in thousands):


	Foreign currency items		Pension items			Unrealized gains (losses) on securities		Total

Accumulated other comprehensive income at July 31, 2013	$	15,759	$	(2,066	)	$	20	$	13,713

Foreign currency translation adjustment		1,219		—			—		1,219
Pension liability adjustments		—		(914	)		—		(914	)
Net unrealized holding gain on securities		—		—			7		7

Net current-period other comprehensive income		1,219		(914	)		7		312

Accumulated other comprehensive income at April 30, 2014	$	16,978	$	(2,980	)	$	27	$	14,025

Segment Information (Tables)

9 Months Ended

Apr. 30, 2014

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 April 30,						Nine Months Ended April 30,
	2014			2013			2014			2013

Net revenue:
Americas	$	74,429		$	64,496		$	229,791		$	196,137
Asia		41,387			48,133			134,307			164,864
Europe		48,423			51,952			165,790			188,700
All Other		9,035			8,435			28,812			23,802

	$	173,274		$	173,016		$	558,700		$	573,503

Operating income (loss):
Americas	$	2,736		$	679		$	8,304		$	(1,820	)
Asia		2,342			3,614			14,001			16,379
Europe		(4,439	)		(5,868	)		(8,934	)		(13,579	)
All Other		(411	)		301			98			(256	)

Total Segment operating income (loss)		228			(1,274	)		13,469			724
Corporate-level activity		(5,366	)		(5,486	)		(14,751	)		(23,281	)

Total operating loss		(5,138	)		(6,760	)		(1,282	)		(22,557	)

Total other expense		(3,640	)		(677	)		(3,871	)		(4,510	)

Loss from continuing operations before income taxes	$	(8,778	)	$	(7,437	)	$	(5,153	)	$	(27,067	)

Total Assets of Continuing Operations


	April 30,		July 31,
	2014		2013

Total assets:
Americas	$	71,579	$	65,790
Asia		80,381		93,547
Europe		96,969		97,524
All Other		14,767		17,369

Sub-total - segment assets		263,696		274,230
Corporate		165,290		69,466

	$	428,986	$	343,696

Nature of Operations - Additional Information (Detail)	Apr. 30, 2014 Location
Minimum
Nature Of Operations [Line Items]
Number of sites	25

Components of Inventories (Detail) - USD ($) $ in Thousands	Apr. 30, 2014	Jul. 31, 2013
Inventory [Line Items]
Raw materials	$ 47,153	$ 46,920
Work-in-process	821	1,256
Finished goods	14,301	13,146
Inventories, net	$ 62,275	$ 61,322

Investments in Affiliates - Additional information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013	Jul. 31, 2013
Investment In Unconsolidated Affiliates [Line Items]
Investments in privately held companies	$ 200	$ 200	$ 584	$ 1,637
Carrying value of investment	7,000		7,000		$ 7,970
Impairment charges	$ 1,243		$ 1,420	1,500
Investment distribution income		$ 200		$ 200

Goodwill - Additional Information (Detail) - USD ($) $ in Thousands	Apr. 30, 2014	Jul. 31, 2013
Goodwill [Line Items]
Goodwill	$ 3,058	$ 3,058
e-Business reporting unit
Goodwill [Line Items]
Goodwill	$ 3,100	$ 3,100

Components of Other Current Liabilities (Detail) - USD ($) $ in Thousands	Apr. 30, 2014	Jul. 31, 2013
Other Current Liabilities [Line Items]
Accrued pricing liabilities	$ 20,015	$ 20,854
Other	5,473	6,011
Other current liabilities	$ 25,488	$ 26,865

Other Current Liabilities - Additional Information (Detail) - USD ($) $ in Thousands	Apr. 30, 2014	Jul. 31, 2013
Other Liabilities [Line Items]
Accrued pricing liabilities	$ 20,015	$ 20,854

Restructuring, Net - Additional Information (Detail) $ in Thousands	3 Months Ended		9 Months Ended
	Apr. 30, 2014 USD ($) Employee	Apr. 30, 2013 USD ($) Employee	Apr. 30, 2014 USD ($) Employee	Apr. 30, 2013 USD ($) Employee
Restructuring Cost and Reserve [Line Items]
Restructuring charge	$ 3,468	$ 2,565	$ 5,440	$ 8,833
Number of workforce reduction \| Employee	55	75	139	277
e-Business reporting unit
Restructuring Cost and Reserve [Line Items]
Restructuring charge related to workforce reduction	$ 300	$ 100		$ 800
Americas
Restructuring Cost and Reserve [Line Items]
Restructuring charge related to workforce reduction	300	300	$ 900	1,300
Asia
Restructuring Cost and Reserve [Line Items]
Restructuring charge related to workforce reduction	300		700	2,000
Europe
Restructuring Cost and Reserve [Line Items]
Restructuring charge related to workforce reduction	$ 2,600	$ 2,500	$ 3,600	$ 4,700

Summary of Restructuring Accrual by Expense Category and by Reportable Segment (Detail) $ in Thousands	9 Months Ended
	Apr. 30, 2014 USD ($)
Restructuring Cost and Reserve [Line Items]
Accrued restructuring, beginning balance	$ 5,164
Restructuring charges	5,456
Restructuring adjustments	(16)
Cash paid	(7,900)
Non-cash adjustments	69
Accrued restructuring, ending balance	2,773
Employee Related Expenses
Restructuring Cost and Reserve [Line Items]
Accrued restructuring, beginning balance	3,974
Restructuring charges	5,162
Restructuring adjustments	(3)
Cash paid	(7,214)
Non-cash adjustments	52
Accrued restructuring, ending balance	1,971
Contract Termination
Restructuring Cost and Reserve [Line Items]
Accrued restructuring, beginning balance	1,190
Restructuring charges	294
Restructuring adjustments	(13)
Cash paid	(686)
Non-cash adjustments	17
Accrued restructuring, ending balance	802
Americas
Restructuring Cost and Reserve [Line Items]
Accrued restructuring, beginning balance	382
Restructuring charges	918
Restructuring adjustments	(53)
Cash paid	(714)
Non-cash adjustments	(81)
Accrued restructuring, ending balance	452
Asia
Restructuring Cost and Reserve [Line Items]
Accrued restructuring, beginning balance	520
Restructuring charges	718
Restructuring adjustments	(12)
Cash paid	(1,020)
Non-cash adjustments	(17)
Accrued restructuring, ending balance	189
Europe
Restructuring Cost and Reserve [Line Items]
Accrued restructuring, beginning balance	4,256
Restructuring charges	3,512
Restructuring adjustments	57
Cash paid	(6,050)
Non-cash adjustments	161
Accrued restructuring, ending balance	1,936
All Other
Restructuring Cost and Reserve [Line Items]
Accrued restructuring, beginning balance	6
Restructuring charges	308
Restructuring adjustments	(8)
Cash paid	(116)
Non-cash adjustments	6
Accrued restructuring, ending balance	$ 196

Net Restructuring Charges (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Net Restructuring Charges (Detail) - USD ($) $ in Thousands	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013
Restructuring Cost and Reserve [Line Items]
Restructuring, net	$ 3,468	$ 2,565	$ 5,440	$ 8,833
Cost of revenue
Restructuring Cost and Reserve [Line Items]
Restructuring, net	2,207	2,358	3,580	6,656
Selling, general and administrative
Restructuring Cost and Reserve [Line Items]
Restructuring, net	$ 1,261	$ 207	$ 1,860	$ 2,177

Debt - Additional Information (Detail)	1 Months Ended		3 Months Ended	9 Months Ended
Debt - Additional Information (Detail)	Mar. 18, 2014 USD ($)	Oct. 31, 2012 USD ($)	Apr. 30, 2014 USD ($) $ / shares shares	Apr. 30, 2014 USD ($) d $ / shares shares	Jul. 31, 2013 USD ($)
Debt Instrument [Line Items]
Debt instrument issued			$ 100,000,000	$ 100,000,000
Debt instrument, carrying amount			72,320,000	$ 72,320,000
Convertible debt, remaining discount amortization period				58 months
Secured Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility, initial aggregate principal amount		$ 50,000,000
Line of credit facility, calculated borrowing base					$ 29,900,000
Credit facility expiry date		Oct. 31, 2015
Debt instrument, covenant description				The Credit Facility includes one restrictive financial covenant, which is minimum EBITDA, and restrictions that limit 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.
Secured Revolving Credit Facility \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt instrument, percentage points added to the reference rate		2.50%
Secured Revolving Credit Facility \| Base Rate
Debt Instrument [Line Items]
Debt instrument, percentage points added to the reference rate		1.50%
Federal
Debt Instrument [Line Items]
Net operating loss carry forward					2,000,000,000
State
Debt Instrument [Line Items]
Net operating loss carry forward					450,900,000
Foreign
Debt Instrument [Line Items]
Net operating loss carry forward					$ 60,100,000
5.25% Convertible Senior Notes due 2019
Debt Instrument [Line Items]
Debt instrument issued	$ 100,000,000		$ 1,000	$ 1,000
Debt instrument, stated interest rate	5.25%
Debt instrument convertible conversion shares per 1000 principal amount of notes \| shares			166.2593	166.2593
Initial Conversion price \| $ / shares			$ 6.01	$ 6.01
Debt instrument, redemption price percentage	100.00%
Debt instrument, convertible, earliest date				Mar. 06, 2017
Debt instrument, convertible, threshold percentage of stock price trigger				130.00%
Debt instrument, convertible, threshold trading days \| d				20
Debt instrument conversion option				$ 28,100,000
Debt instrument issuance costs				3,400,000
Debt instrument, carrying amount			$ 72,300,000	$ 72,300,000
Debt instrument, interest expense			$ 1,149,000
Debt instrument, interest rate, effective percentage			14.30%	14.30%
5.25% Convertible Senior Notes due 2019 \| Noncurrent Assets
Debt Instrument [Line Items]
Debt instrument issuance costs				$ 2,500,000

Issuance Costs Allocated to Equity Component (Detail) $ in Thousands	Apr. 30, 2014 USD ($)
Debt Instrument [Line Items]
Carrying amount of equity component (net of allocated debt issuance costs)	$ 27,148
Principal amount of Notes	100,000
Unamortized debt discount	(27,680)
Net carrying amount	$ 72,320

Summary of Interest Expense Related to Convertible Notes (Detail) - 5.25% Convertible Senior Notes due 2019 $ in Thousands	3 Months Ended
	Apr. 30, 2014 USD ($)
Non Cash Convertible Debt Related Expense [Line Items]
Debt instrument, interest expense	$ 1,149
Coupon interest rate
Non Cash Convertible Debt Related Expense [Line Items]
Debt instrument, interest expense	680
Accretion of debt discount
Non Cash Convertible Debt Related Expense [Line Items]
Debt instrument, interest expense	418
Amortization of debt issue cost
Non Cash Convertible Debt Related Expense [Line Items]
Debt instrument, interest expense	$ 51

Contingencies - Additional Information (Detail)	12 Months Ended
Contingencies - Additional Information (Detail)	Jul. 31, 2012 LegalMatter
Contingencies And Commitments [Line Items]
Number of purported class actions filed following the announcement	3

Components of Other Gains (Losses), Net (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013
Component Of Other Expense Income Nonoperating [Line Items]
Foreign currency exchange gain (losses)	$ (537)	$ (289)	$ (707)	$ (2,349)
Gain (loss) on disposal of assets		39	467	(23)
Other, net	30	(167)	(76)	(343)
Other losses, net	$ (507)	$ (417)	$ (316)	$ (2,715)

Other Gains (Losses), Net - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013
Component Of Other Expense Income Nonoperating [Line Items]
Foreign currency exchange gain (losses)	$ (537)	$ (289)	$ (707)	$ (2,349)
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	200	(600)	100	900
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	(500)	800	(300)	(1,600)
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	$ (200)	$ (500)	$ (500)	$ (1,600)

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	9 Months Ended
	Apr. 30, 2014	Jul. 31, 2013
Income Taxes [Line Items]
Unrecognized tax benefits related to federal, state and foreign taxes	$ 1.1	$ 1.0
Income tax positions penalties accrued	0.0
Expected any unrecognized tax benefits to reverse in the next twelve months	$ 0.0
Stockholder owning ownership on corporation's securities percentage	5.00%
Stockholder owning ownership on corporation's securities rolling period	3 years
Tax Benefit Preservation Plan, adoption date	Oct. 17, 2011
Any person acquiring shares of the Company's securities holding percentage as amended by Tax Plan which protects Tax Benefits	4.99%
UNITED STATES \| Federal
Income Taxes [Line Items]
Tax examinations tax period	Tax years ended July 31, 2009 through July 31, 2013
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 (Loss) Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013
Schedule Of Earnings Per Share Basic And Diluted [Line Items]
Loss from continuing operations	$ (9,478)	$ (8,247)	$ (7,877)	$ (30,495)
Income (loss) from discontinued operations		(59)	80	(1,019)
Net loss	$ (9,478)	$ (8,306)	$ (7,797)	$ (31,514)
Weighted average common shares outstanding	51,498	47,968	51,502	45,046
Weighted average common equivalent shares arising from dilutive stock options and restrictive stock
Weighted average number of common and potential common shares	51,498	47,968	51,502	45,046
Basic and diluted net income (loss) per common share from:
Continuing operations	$ (0.18)	$ (0.17)	$ (0.15)	$ (0.68)
Discontinued operations				(0.02)
Basic and diluted net loss per common share	$ (0.18)	$ (0.17)	$ (0.15)	$ (0.70)

Earnings (Loss) Per Share - Additional Information (Detail) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013
Computation Of Earnings Per Share Line Items
Common stock equivalent shares excluded from the denominator in the calculation of diluted earnings per share	8,556	209	2,785	373

Common Stock Equivalents Excluded from Diluted Earnings Per Share Calculation (Detail) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock equivalent shares excluded from the denominator in the calculation of diluted earnings per share	8,556	209	2,785	373
Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock equivalent shares excluded from the denominator in the calculation of diluted earnings per share	225		20
Non-vested restricted stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock equivalent shares excluded from the denominator in the calculation of diluted earnings per share	111	209	85	373
Shares issuable upon debt conversion
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock equivalent shares excluded from the denominator in the calculation of diluted earnings per share	8,220		2,680

Summary of Share-Based Compensation Expense Related to Employee Stock Options, Employee Stock Purchases and Non-Vested Shares (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Share-based compensation expense	$ 513	$ 925	$ 1,663	$ 1,841
Cost of revenue
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Share-based compensation expense	110	74	343	185
Selling, general and administrative
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Share-based compensation expense	$ 403	$ 851	$ 1,320	$ 1,656

Share-Based Payments - Additional Information (Detail) $ in Millions	Apr. 30, 2014 USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to nonvested shares	$ 3.9

Accumulated Other Comprehensive Items (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income at beginning of period			$ 13,713
Foreign currency translation adjustment	$ 1,277	$ (918)	1,219	$ 4,098
Pension liability adjustments	(1,164)		(914)
Net unrealized holding gain on securities	11	36	7	35
Net current-period other comprehensive income	124	$ (882)	312	$ 4,133
Accumulated other comprehensive income at end of period	14,025		14,025
Foreign currency items
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income at beginning of period			15,759
Foreign currency translation adjustment			1,219
Net current-period other comprehensive income			1,219
Accumulated other comprehensive income at end of period	16,978		16,978
Pension items
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income at beginning of period			(2,066)
Pension liability adjustments			(914)
Net current-period other comprehensive income			(914)
Accumulated other comprehensive income at end of period	(2,980)		(2,980)
Unrealized gains (losses) on securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income at beginning of period			20
Net unrealized holding gain on securities			7
Net current-period other comprehensive income			7
Accumulated other comprehensive income at end of period	$ 27		$ 27

- Definition

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References + Details

Comprehensive Income (Loss) - Additional Information (Detail) $ in Millions	9 Months Ended
	Apr. 30, 2014 USD ($)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Defined benefit pension plan, tax	$ 0.3

Discontinued Operations and Divestitures - Additional Information (Detail) - USD ($) $ in Millions	1 Months Ended	9 Months Ended	12 Months Ended
	Jan. 11, 2013	Apr. 30, 2014	Jul. 31, 2013
Discontinued Operations [Line Items]
Consideration received from the sale of assets	$ 1.6
Gross amount of assets sold	1.9
Amount received from the sale of assets	1.4
Amount of consideration to be received upon settlement of post closing adjustments	0.2
Proceeds from escrow amount			$ 0.1
Reduction in gain on the sale of assets			0.1
Gain on disposition of asset	$ 0.7		$ 0.6
Transition support agreement, period	90 days
Lease termination fee		$ 0.4

Segment Information - Additional Information (Detail) - Segment	9 Months Ended
	Apr. 30, 2014	Jul. 31, 2013
Segment Reporting Information [Line Items]
Number of operating segments	5
Number of reportable segments	3
Americas
Segment Reporting Information [Line Items]
Percentage of long-lived assets located	54.00%	58.00%
Asia
Segment Reporting Information [Line Items]
Percentage of long-lived assets located	19.00%	18.00%
Europe
Segment Reporting Information [Line Items]
Percentage of long-lived assets located	27.00%	24.00%

Summarized Financial Information of Continuing Operations by Operating Segment and Corporate-Level Activity (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013
Segment Reporting Information [Line Items]
Net revenue	$ 173,274	$ 173,016	$ 558,700	$ 573,503
Operating income (loss)	(5,138)	(6,760)	(1,282)	(22,557)
Other income (expense), net	(3,640)	(677)	(3,871)	(4,510)
Loss from continuing operations before income taxes	(8,778)	(7,437)	(5,153)	(27,067)
Operating Segments
Segment Reporting Information [Line Items]
Operating income (loss)	228	(1,274)	13,469	724
Operating Segments \| Americas
Segment Reporting Information [Line Items]
Net revenue	74,429	64,496	229,791	196,137
Operating income (loss)	2,736	679	8,304	(1,820)
Operating Segments \| Asia
Segment Reporting Information [Line Items]
Net revenue	41,387	48,133	134,307	164,864
Operating income (loss)	2,342	3,614	14,001	16,379
Operating Segments \| Europe
Segment Reporting Information [Line Items]
Net revenue	48,423	51,952	165,790	188,700
Operating income (loss)	(4,439)	(5,868)	(8,934)	(13,579)
Operating Segments \| All Other
Segment Reporting Information [Line Items]
Net revenue	9,035	8,435	28,812	23,802
Operating income (loss)	(411)	301	98	(256)
Corporate-level activity
Segment Reporting Information [Line Items]
Operating income (loss)	$ (5,366)	$ (5,486)	$ (14,751)	$ (23,281)

Total Assets of Continuing Operations (Detail) - USD ($) $ in Thousands	Apr. 30, 2014	Jul. 31, 2013
Segment Reporting Information [Line Items]
Total assets	$ 428,986	$ 343,696
Operating Segments
Segment Reporting Information [Line Items]
Total assets	263,696	274,230
Operating Segments \| Americas
Segment Reporting Information [Line Items]
Total assets	71,579	65,790
Operating Segments \| Asia
Segment Reporting Information [Line Items]
Total assets	80,381	93,547
Operating Segments \| Europe
Segment Reporting Information [Line Items]
Total assets	96,969	97,524
Operating Segments \| All Other
Segment Reporting Information [Line Items]
Total assets	14,767	17,369
Corporate-level activity
Segment Reporting Information [Line Items]
Total assets	$ 165,290	$ 69,466

Subsequent Events - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013
Subsequent Event [Line Items]
Annual net revenue	$ 173,274	$ 173,016	$ 558,700	$ 573,503
Annual operating income	(5,138)	$ (6,760)	(1,282)	$ (22,557)
Contract Termination \| Major client in the computing market \| Minimum
Subsequent Event [Line Items]
Annual net revenue			150,000
Annual operating income			2,500
Expected working capital	20,000		20,000
Contract Termination \| Major client in the computing market \| Maximum
Subsequent Event [Line Items]
Annual net revenue			160,000
Annual operating income			3,500
Expected working capital	$ 25,000		$ 25,000