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Income Taxes (Tables)
 12 Months Ended
Jul. 31, 2019
Income Tax Disclosure [Abstract]  
Schedule of (Loss) Earnings from Continuing Operations
Income before income taxes consists of the following:
 
 
Years Ended July 31,
 
 
2019
 
2018
 
2017
United States
 
$
55,077

 
$
48,903

 
$
43,561

Other Nations
 
109,567

 
103,112

 
83,071

Total
 
$
164,644

 
$
152,015

 
$
126,632
Schedule of Components of Income Tax Expense (Benefit)
Income tax expense consists of the following:
 
 
Years Ended July 31,
 
 
2019
 
2018
 
2017
Current income tax expense:
 
 
 
 
 
 
United States
 
$
2,232

 
$
2,830

 
$
15,279

Other Nations
 
22,445

 
26,593

 
23,826

States (U.S.)
 
913

 
910

 
1,163

 
 
$
25,590

 
$
30,333

 
$
40,268

Deferred income tax expense (benefit):
 
 
 
 
 
 
United States
 
$
8,451

 
$
30,267

 
$
(8,173
)
Other Nations
 
(667
)
 
(1,462
)
 
(1,329
)
States (U.S.)
 
12

 
1,817

 
221

 
 
$
7,796

 
$
30,622

 
$
(9,281
)
Total income tax expense
 
$
33,386

 
$
60,955

 
$
30,987
Schedule of Deferred Tax Assets and Liabilities
The tax effects of temporary differences are as follows as of July 31, 2019 and 2018:
 
 
July 31, 2019
 
 
Assets
 
Liabilities
 
Total
Inventories
 
$
3,856

 
$
(1
)
 
$
3,855

Prepaid catalog costs
 
—

 
(631
)
 
(631
)
Employee compensation and benefits
 
7,021

 
(89
)
 
6,932

Accounts receivable
 
943

 
(233
)
 
710

Fixed assets
 
3,125

 
(6,869
)
 
(3,744
)
Intangible assets
 
1,432

 
(31,415
)
 
(29,983
)
Deferred and equity-based compensation
 
7,352

 
—

 
7,352

Postretirement benefits
 
2,659

 
(71
)
 
2,588

Tax credit and net operating loss carry-forwards
 
62,966

 
—

 
62,966

Less valuation allowance
 
(60,073
)
 
—

 
(60,073
)
Other, net
 
7,406

 
(7,961
)
 
(555
)
Total
 
$
36,687

 
$
(47,270
)
 
$
(10,583
)
 
 
 
July 31, 2018
 
 
Assets
 
Liabilities
 
Total
Inventories
 
$
3,095

 
$
(53
)
 
$
3,042

Prepaid catalog costs
 
—

 
(978
)
 
(978
)
Employee compensation and benefits
 
3,772

 
(91
)
 
3,681

Accounts receivable
 
828

 
(1
)
 
827

Fixed assets
 
2,959

 
(4,911
)
 
(1,952
)
Intangible assets
 
1,073

 
(29,630
)
 
(28,557
)
Deferred and equity-based compensation
 
10,656

 
—

 
10,656

Postretirement benefits
 
3,280

 
—

 
3,280

Tax credit and net operating loss carry-forwards
 
64,348

 
—

 
64,348

Less valuation allowance
 
(56,866
)
 
—

 
(56,866
)
Other, net
 
8,548

 
(8,962
)
 
(414
)
Total
 
$
41,693

 
$
(44,626
)
 
$
(2,933
)
Schedule of Effective Income Tax Rate Reconciliation
A reconciliation of the tax rate computed by applying the statutory U.S. federal income tax rate to income before income taxes to the total income tax expense is as follows:
 
 
Years Ended July 31,
 
 
2019
 
2018
 
2017
Tax at statutory rate
 
21.0
 %
 
26.9
 %
 
35.0
 %
State income taxes, net of federal tax benefit
 
0.3
 %
 
1.6
 %
 
1.0
 %
International rate differential
 
2.2
 %
 
(1.1
)%
 
(6.3
)%
Rate variances arising from foreign subsidiary distributions(1)
 
(0.4
)%
 
0.8
 %
 
(5.9
)%
Foreign tax credit carryforward valuation allowance(2)
 
1.8
 %
 
14.1
 %
 
—
 %
Divestiture of business(3)
 
—
 %
 
(0.8
)%
 
—
 %
Adjustments to tax accruals and reserves(4)
 
(3.6
)%
 
2.2
 %
 
3.6
 %
Non-deductible executive compensation(5)
 
2.3
 %
 
0.5
 %
 
—
 %
Research and development tax credits and domestic manufacturer’s deduction
 
(1.6
)%
 
(2.0
)%
 
(1.8
)%
Deferred tax and other adjustments, net
 
(1.7
)%
 
(2.1
)%
 
(1.1
)%
Effective tax rate
 
20.3
 %
 
40.1
 %
 
24.5
 %

(1)
The year ended July 31, 2017, includes the generation of foreign tax credit carryforwards from cash repatriations that occurred during the fiscal year.
(2)
The year ended July 31, 2018, includes the establishment of a valuation allowance against foreign tax credit carryforwards as a result of the Tax Reform Act.
(3)
The year ended July 31, 2018, includes the divestiture of the Company's Runelandhs business based in Sweden. Refer to Note 14, "Divestiture" for additional information.
(4)
The years ended July 31, 2018 and 2017, include increases in uncertain tax positions, while the year ended July 31, 2019, includes reductions of uncertain tax positions resulting from the closure of audits and lapses in statutes of limitations.
(5)
The years ended July 31, 2019 and 2018, include non-deductible compensation such as salaries, bonuses, and other equity compensation of the Company's executives (as defined in Internal Revenue Service Code Section 162(m)).
Schedule of Unrecognized Tax Benefits Roll Forward
A reconciliation of unrecognized tax benefits (excluding interest and penalties) is as follows:
Balance at July 31, 2016
$
15,294

Additions based on tax positions related to the current year
2,500

Additions for tax positions of prior years
1,124

Reductions for tax positions of prior years
(62
)
Lapse of statute of limitations
(663
)
Settlements with tax authorities
(118
)
Cumulative Translation Adjustments and other
287

Balance as of July 31, 2017
$
18,362

Additions based on tax positions related to the current year
2,467

Additions for tax positions of prior years
1,586

Reductions for tax positions of prior years
(23
)
Lapse of statute of limitations
(489
)
Settlements with tax authorities
(1,277
)
Cumulative Translation Adjustments and other
(196
)
Balance as of July 31, 2018
$
20,430

Additions based on tax positions related to the current year
2,518

Additions for tax positions of prior years
612

Reductions for tax positions of prior years
(378
)
Lapse of statute of limitations
(8,140
)
Cumulative Translation Adjustments and other
(201
)
Balance as of July 31, 2019
$
14,841
Schedule of Open Tax Years by Major Jurisdictions
The following table summarizes the open tax years for the Company's major jurisdictions:
Jurisdiction
 
Open Tax Years
United States — Federal
 
F’16 — F’19