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Leases (Tables)
6 Months Ended
Jan. 31, 2024
Leases [Abstract]  
Lease cost
We have no material finance leases, and variable costs for operating leases are immaterial for the three and six months ended January 31, 2024. Operating lease costs are included in Cost of Goods Sold or SG&A expenses based on the nature of the lease. The following table summarizes total lease costs for our operating leases (in thousands):
For the Three Months Ended January 31,For the Six Months Ended January 31,
2024202320242023
Operating lease cost$1,084 $687 $1,630 $1,383 

Supplemental cash flow information related to leases was as follows (in thousands):
For the Three Months Ended January 31,For the Six Months Ended January 31,
2024202320242023
Cash paid for amounts included in the measurement of operating lease liabilities:$1,062 $585 $1,686 $1,180 
Right-of-use assets obtained in exchange for new operating lease liabilities$3,699 $ $3,699 $21 

Operating lease ROU assets and operating lease liabilities are separately presented on the unaudited Condensed Consolidated Balance Sheet, excluding leases with an initial term of twelve months or less. Other supplemental balance sheet information related to leases was as follows:
January 31, 2024July 31, 2023
Weighted-average remaining lease term - operating leases6.3 years7.7 years
Weighted-average discount rate - operating leases4.84%4.03%
Operating lease payments due within next twelve months as of January 31, 2024 January 31, 2024, are as follows (in thousands):
Fiscal year 2024 (remaining six months)$1,621 
Fiscal year 20253,165 
Fiscal year 20262,845 
Fiscal year 20272,416 
Fiscal year 20281,551 
Thereafter4,502 
Total16,100 
Less: imputed interest(2,212)
Net lease obligation$13,888