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Fair Value Measurements (Tables)
 12 Months Ended
Jul. 31, 2019
Fair Value Disclosures [Abstract]  
Schedule of derivatives on balance sheet
The following table details the fair value of the Company’s derivative contracts, which are recorded on a gross basis in the consolidated balance sheets as of July 31, 2019 and July 31, 2018 (in millions):
 
 
 
 
 
 
Fair Values Significant Other Observable Inputs
(Level 2)
 
 
Notional Amounts
 
Assets
 
Liabilities (1)
 
 
July 31,
 
July 31,
 
July 31,
 
 
2019

 
2018

 
2019

 
2018

 
2019

 
2018

Forward foreign currency exchange contracts
 
$
28.2

 
$
19.3

 
$
1.6

 
$
0.7

(2) 
$
(1.8
)
 
$
(1.0
)
Net investment hedge
 
55.8

 
—

 
1.1

 
—

(3) 
(1.9
)
 
—

Total
 
$
84.0

 
$
19.3

 
$
2.7

 
$
0.7

 
$
(3.7
)
 
$
(1.0
)
(1) 
Recorded within other long-term liabilities in the Company’s audited consolidated balance sheets.
(2) 
Recorded within prepaid expenses and other current assets in the Company’s audited consolidated balance sheets.
(3) 
Recorded within other assets in the Company’s audited consolidated balance sheets.
Schedule of net investment hedges
The following table summarizes the pre-tax impact of the gains and losses on the Company’s designated forward foreign currency exchange contracts and net investment hedges (in millions):
 
 
Pre-tax Gains (Losses) Recognized in Accumulated Other Comprehensive income (loss):
 
 
Year Ended July 31,
 
 
2019

 
2018

 
2017

Forward foreign currency exchange contracts
 
$
0.2

 
$
3.2

 
$
(2.4
)
Net investment hedge
 
$
(0.8
)
 
$
—

 
$
—

 
 
Pre-tax (Gains) Losses Reclassified from Accumulated Other Comprehensive income (loss):
 
 
Year Ended July 31,
 
 
2019

 
2018

 
2017

Forward foreign currency exchange contracts
 
$
0.1

 
$
0.2

 
$
(1.4
)
Net investment hedge
 
$
—

 
$
—

 
$
—
Schedule of cash flow hedges
The following table summarizes the pre-tax impact of the gains and losses on the Company’s designated forward foreign currency exchange contracts and net investment hedges (in millions):
 
 
Pre-tax Gains (Losses) Recognized in Accumulated Other Comprehensive income (loss):
 
 
Year Ended July 31,
 
 
2019

 
2018

 
2017

Forward foreign currency exchange contracts
 
$
0.2

 
$
3.2

 
$
(2.4
)
Net investment hedge
 
$
(0.8
)
 
$
—

 
$
—

 
 
Pre-tax (Gains) Losses Reclassified from Accumulated Other Comprehensive income (loss):
 
 
Year Ended July 31,
 
 
2019

 
2018

 
2017

Forward foreign currency exchange contracts
 
$
0.1

 
$
0.2

 
$
(1.4
)
Net investment hedge
 
$
—

 
$
—

 
$
—