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Stock-Based Compensation (Tables)
6 Months Ended
Jan. 31, 2022
Share-based Payment Arrangement, Noncash Expense [Abstract]  
Summary of stock option activity
Option activity was as follows:
OptionsWeighted
Average
Exercise Price
Balance outstanding as of July 31, 20216,444,743 $44.05 
Granted878,305 59.36 
Exercised(287,742)37.16 
Canceled/forfeited(21,562)52.23 
Balance outstanding as of January 31, 20227,013,744 $46.22 
Schedule of performance shares activity
Performance-based award for non-vested activity was as follows:
Performance SharesWeighted
Average Grant
Date Fair
Value
Balance outstanding as of July 31, 2021200,567 $48.76 
Granted88,400 59.40 
Vested— — 
Canceled(3,580)53.23 
Balance outstanding as of January 31, 2022285,387 $52.00