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Leases (Tables)
9 Months Ended
Apr. 30, 2020
Leases [Abstract]  
Schedule of supplemental balance sheet information
Supplemental balance sheet information related to our leases follows:
Lease TypeApril 30, 2020
Assets:
Operating lease assets$45,399  
Finance lease assets4,606  
Right-of-use assets, net$50,005  
Liabilities:
Operating lease liabilities$9,877  
Finance lease liabilities392  
Current portion of lease liabilities10,269  
Operating lease liabilities37,473  
Finance lease liabilities4,228  
Long-term lease liabilities41,701  
Total lease liabilities$51,970  
Weighted average remaining lease term:
Operating leases6.27 years
Finance leases6.02 years
Weighted average discount rate:
Operating leases2.75 %
Finance leases23.39 %
Schedule of operating lease maturity
At April 30, 2020, maturities of lease liabilities for the periods set forth below were as follows:
Fiscal yearOperatingFinanceTotal
Remaining 2020$2,863  $360  $3,223  
202110,450  1,445  11,895  
20228,568  1,431  9,999  
20237,547  1,425  8,972  
20246,517  1,434  7,951  
Thereafter16,136  2,476  18,612  
Total lease payments52,081  8,571  60,652  
Less: interest(4,731) (3,951) (8,682) 
Present value of lease liabilities$47,350  $4,620  $51,970  
Schedule of finance lease maturity
At April 30, 2020, maturities of lease liabilities for the periods set forth below were as follows:
Fiscal yearOperatingFinanceTotal
Remaining 2020$2,863  $360  $3,223  
202110,450  1,445  11,895  
20228,568  1,431  9,999  
20237,547  1,425  8,972  
20246,517  1,434  7,951  
Thereafter16,136  2,476  18,612  
Total lease payments52,081  8,571  60,652  
Less: interest(4,731) (3,951) (8,682) 
Present value of lease liabilities$47,350  $4,620  $51,970  
Schedule of future minimum lease payments under non-cancelable operating leases
As previously disclosed in our 2019 Annual Report on Form 10-K and in accordance with our historical accounting under ASC 840, future minimum lease payments under non-cancelable operating leases (with initial or remaining lease terms in excess of one year) for the periods set forth below were as follows:
Fiscal yearTotal
2020$9,099  
20217,671  
20226,021  
20235,659  
20245,159  
Thereafter15,251  
Total$48,860  
Schedule of supplemental income statement and cash flow information
Supplemental income statement information related to our leases follows:
 Nine Months Ended April 30, 2020
Operating lease costs  $8,706  
Finance lease costs:   
Amortization of right-of-use assets  456  
Interest on lease obligations  622  
Variable lease costs  2,552  
Short-term lease costs  873  
Net lease cost  $13,209  

Supplemental cash flow information related to leases follows:
 Nine Months Ended April 30, 2020
Right-of-use assets obtained in exchange for lease liabilities:  
Operating leases(1)
$19,200  
Finance leases(2)
$4,920  
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(1) Primarily relates to new warehouse facility included in our Dental segment and operating leases acquired in the Hu-Friedy acquisition.
(2) Includes finance leases acquired in the Hu-Friedy acquisition.