XML 74 R62.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Long-Term Debt - Narrative (Details)
€ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended
Nov. 15, 2023
USD ($)
Jun. 05, 2024
USD ($)
Apr. 30, 2024
USD ($)
Jan. 31, 2024
USD ($)
Apr. 30, 2023
USD ($)
Apr. 30, 2024
USD ($)
Apr. 30, 2023
USD ($)
Apr. 30, 2024
EUR (€)
Nov. 15, 2023
EUR (€)
Jul. 31, 2023
USD ($)
Oct. 14, 2021
USD ($)
Line of Credit Facility [Line Items]                      
Total long-term debt     $ 1,263,795,000     $ 1,263,795,000       $ 1,327,405,000  
Debt expense       $ 14,741,000              
Interest expense, net       7,566,000              
Gain (loss) on extinguishment of debt       7,175,000              
Financing costs       $ 10,480,000              
Unsecured debt     26,795,000     26,795,000   € 25,000   27,558,000  
Interest expense     24,366,000   $ 24,994,000 78,113,000 $ 69,237,000        
Fees to secure the facility, amortized amount     3,036,000   $ 2,872,000 14,900,000 $ 8,569,000        
Term loan | US Tranche                      
Line of Credit Facility [Line Items]                      
Interest rate, increase (decrease) 0.25%                    
Total long-term debt $ 450,000,000                    
Annual principal payment, percent 1.00%               1.00%    
Quarterly principal payment, percent 0.25%               0.25%    
Term loan | US Tranche | Base Rate                      
Line of Credit Facility [Line Items]                      
Basis spread on variable rate 1.75%                    
Term loan | US Tranche | Secured Overnight Financing Rate (SOFR)                      
Line of Credit Facility [Line Items]                      
Basis spread on variable rate 2.75%                    
Total long-term debt     $ 350,000,000     $ 350,000,000       $ 271,900,000  
Stated interest rate     8.069%     8.069%   8.069%   8.433%  
Term loan | Euro Tranche                      
Line of Credit Facility [Line Items]                      
Total long-term debt                 € 330,000 $ 486,194,000  
Annual principal payment, percent 1.00%               1.00%    
Quarterly principal payment, percent 0.25%               0.25%    
Line of credit, outstanding amount     $ 353,694,000     $ 353,694,000          
Effective interest rate     6.855%     6.855%   6.855%   6.625%  
Term loan | Euro Tranche | Subsequent Event                      
Line of Credit Facility [Line Items]                      
Repayments of debt   $ 27,110,000                  
Unsecured Debt | Senior Unsecured Notes Due 2029                      
Line of Credit Facility [Line Items]                      
Total long-term debt     $ 500,000,000     $ 500,000,000       $ 500,000,000  
Stated interest rate                     4.00%
Debt instrument, face amount                     $ 500,000,000
Debt, fair value     $ 433,600,000     $ 433,600,000       430,650,000  
Unsecured Series One Debt                      
Line of Credit Facility [Line Items]                      
Stated interest rate     1.945%     1.945%   1.945%      
Unsecured debt     $ 21,436,000     $ 21,436,000   € 20,000      
Unsecured Series Two Debt                      
Line of Credit Facility [Line Items]                      
Stated interest rate     2.534%     2.534%   2.534%      
Unsecured debt     $ 5,359,000     $ 5,359,000   € 5,000      
Other Long Term Debt | Minimum                      
Line of Credit Facility [Line Items]                      
Stated interest rate     2.38%     2.38%   2.38%      
Other Long Term Debt | Maximum                      
Line of Credit Facility [Line Items]                      
Stated interest rate     2.87%     2.87%   2.87%      
Asset-based credit facility                      
Line of Credit Facility [Line Items]                      
Line of credit, maximum borrowing capacity $ 1,000,000,000   $ 1,000,000,000     $ 1,000,000,000          
Line of credit, outstanding amount $ 0                 $ 0  
Accounts receivable and inventory, net of amounts drawn     $ 998,000,000     $ 998,000,000