Restructuring and Other Charges

3 Months Ended

Oct. 31, 2025

Restructuring and Related Activities [Abstract]

Restructuring and Other Charges

Note 19. Restructuring and Other Charges

During the first quarter of fiscal 2026, the Company continued the global footprint and cost optimization actions to further improve the operating and manufacturing cost structure, which began in fiscal 2024. These activities resulted in restructuring expense of $3.4 million and $3.3 million for the three months ended October 31, 2025 and 2024, respectively. Charges of $2.0 million and $1.1 million were included in cost of sales and $1.4 million and $2.2 million were included in operating expense in the Condensed Consolidated Statement of Earnings for the three months ended October 31, 2025 and 2024, respectively. The estimated range of future costs associated with actions related to this restructuring through fiscal 2026 is $5.0 million to $10.0 million.

As of October 31, 2025 and July 31, 2025, $4.5 million and $7.1 million, respectively, of accrued expenses were included in accrued employee compensation and related taxes in the Condensed Consolidated Balance Sheet.