Stockholders' Equity

3 Months Ended

Oct. 31, 2025

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Note 10. Stockholders’ Equity

Share Repurchases

In November 2023, the Board of Directors authorized the repurchase of up to 12.0 million shares of common stock under the Company’s stock repurchase plan. This repurchase authorization is effective until terminated by the Board of Directors. During the three months ended October 31, 2025, the Company repurchased 1.2 million shares for $91.9 million. During the three months ended October 31, 2024, the Company repurchased 1.0 million shares for $74.9 million. As of October 31, 2025, the Company had remaining authorization to repurchase 4.7 million shares under the November 2023 stock repurchase plan.

Dividends

Dividends paid were 30.0 cents and 27.0 cents per common share for the three months ended October 31, 2025 and 2024, respectively.

On November 21, 2025, the Company’s Board of Directors declared a cash dividend in the amount of 30.0 cents per common share, payable December 22, 2025, to stockholders of record as of December 5, 2025.