XML 51 R40.htm IDEA: XBRL DOCUMENT v3.23.3
Leases (Tables)
3 Months Ended
Oct. 31, 2023
Leases [Abstract]  
Summary of Components of Lease Costs
The components of lease costs for the three-month periods ended October 31, 2023 and October 31, 2022 were as follows:

Three Months Ended October 31,
20232022
Operating lease cost$8,011 $6,879 
Finance lease cost:
Amortization of right-of-use assets186 186 
Interest on lease liabilities83 105 
Total lease cost$8,280 $7,170 

Other information related to leases was as follows:

Three Months Ended October 31,
Supplemental Cash Flows Information20232022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$7,987 $6,853 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$914 $3,395 

Supplemental Balance Sheet InformationOctober 31, 2023July 31, 2023
Operating leases:
Operating lease right-of-use assets$45,200 $47,969 
Operating lease liabilities
Other current liabilities$10,968 $11,238 
Other long-term liabilities34,348 36,775 
Total operating lease liabilities$45,316 $48,013 
Finance leases:
Finance lease right-of-use assets$5,331 $5,518 
Finance lease liabilities
Other current liabilities$779 $754 
Other long-term liabilities2,517 2,722 
Total finance lease liabilities$3,296 $3,476 
October 31, 2023July 31, 2023
Weighted-average remaining lease term:
Operating leases9.3 years9.3 years
Finance leases3.6 years3.8 years
Weighted-average discount rate:
Operating leases4.8 %4.7 %
Finance leases9.7 %9.7 %
Summary of Operating Lease Liability Maturities
Future minimum rental payments required under operating and finance leases as of October 31, 2023 were as follows:

Operating LeasesFinance Leases
 For the remainder of the fiscal year ending July 31, 2024$12,906 $796 
For the fiscal year ending July 31, 202513,343 1,083 
For the fiscal year ending July 31, 20269,397 1,107 
For the fiscal year ending July 31, 20276,340 896 
For the fiscal year ending July 31, 2028 4,132 58 
For the fiscal year ending July 31, 2029 and thereafter15,898 — 
Total future lease payments62,016 3,940 
Less: Amount representing interest(16,700)(644)
Total reported lease liability$45,316 $3,296 
Summary of Finance Lease Liability Maturities
Future minimum rental payments required under operating and finance leases as of October 31, 2023 were as follows:

Operating LeasesFinance Leases
 For the remainder of the fiscal year ending July 31, 2024$12,906 $796 
For the fiscal year ending July 31, 202513,343 1,083 
For the fiscal year ending July 31, 20269,397 1,107 
For the fiscal year ending July 31, 20276,340 896 
For the fiscal year ending July 31, 2028 4,132 58 
For the fiscal year ending July 31, 2029 and thereafter15,898 — 
Total future lease payments62,016 3,940 
Less: Amount representing interest(16,700)(644)
Total reported lease liability$45,316 $3,296