XML 58 R38.htm IDEA: XBRL DOCUMENT v3.25.0.1
Leases (Tables)
6 Months Ended
Jan. 31, 2025
Leases [Abstract]  
Components of lease expense and additional information
The components of lease expense are as follows:

Three months ended January 31,Six months ended January 31,
2025202420252024
Operating lease expense$1,860,000 2,080,000 $3,774,000 4,338,000 
Short-term lease expense32,000 65,000 64,000 173,000 
Variable lease expense1,123,000 916,000 2,300,000 1,945,000 
Sublease income(11,000)(16,000)(28,000)(33,000)
Total lease expense$3,004,000 3,045,000 $6,110,000 6,423,000 

Additional information related to leases is as follows:
Six months ended January 31,
20252024
Cash paid for amounts included in the measurement of lease liabilities:
Operating leases - Operating cash outflows$4,245,000 $4,439,000 
ROU assets obtained in the exchange for lease liabilities (non-cash):
Operating leases$1,853,000 $20,000 
Future cash flows relating to operating lease liabilities
The following table is a reconciliation of future cash flows relating to operating lease liabilities presented on our Condensed Consolidated Balance Sheet as of January 31, 2025:

Remainder of fiscal 2025$3,983,000 
Fiscal 20267,148,000 
Fiscal 20275,060,000 
Fiscal 20284,484,000 
Fiscal 20293,925,000 
Thereafter16,884,000 
Total future undiscounted cash flows41,484,000 
Less: Present value discount5,454,000 
Lease liabilities$36,030,000 
Weighted-average remaining lease terms (in years)7.68
Weighted-average discount rate3.76%