Long-Term Debt

6 Months Ended

Jan. 31, 2023

Debt Disclosure [Abstract]

Long-Term Debt

Note 7. Long-Term Debt

As of January 31, 2023, there was $392.5 million available and $100.0 million outstanding on the Company’s $500.0 million unsecured revolving credit facility that expires on May 21, 2026.

Certain debt agreements contain financial covenants related to interest coverage and leverage ratios, as well as other non-financial covenants. As of January 31, 2023, the Company was in compliance with all such covenants.