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Commitments and Contingencies (Tables)

12 Months Ended

Jul. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

Future commitments and obligations under the operating leases

The Company’s contractual obligations and commitments as of July 31, 2020 are as follows (in thousands):


	Lease Obligations ⁽¹⁾		Royalty Obligations⁽²⁾		Purchase Commitments ⁽³⁾		Long-Term Debt⁽⁴⁾		Total
Fiscal Year Ending July 31,
2021	$	15,660	$	2,755	$	67,494	$	5,000	$	90,909
2022	17,784		1,999		27,122		5,000		51,905
2023	16,211		628		8,306		5,000		30,145
2024	15,793		—		652		5,000		21,445
2025	16,152		—		2,421		405,000		423,573
Thereafter	78,886		—		—		—		78,886
Total	$	160,486	$	5,382	$	105,995	$	425,000	$	696,863

⁽¹⁾Lease obligations primarily represent payments required under the Company’s non-cancellable lease agreements for the Company’s corporate headquarters and worldwide offices through 2032.

⁽²⁾Royalty obligations primarily represent the Company’s obligations under non-cancellable agreements related to software used in certain revenue-generating agreements.

⁽³⁾Purchase commitments consist of commitments to purchase goods and services, entered into in the ordinary course of business, for which a penalty could be imposed if the agreement was canceled for any reason other than an event of default as described by the agreement.

⁽⁴⁾Long-term debt consists of principal and interest payments on the Company’s Convertible Senior Notes. The $400 million in principal will be due in March 2025.