Leases

6 Months Ended

Jan. 31, 2021

Leases

The Company leases certain manufacturing facilities, warehouses and office space, computer equipment, and vehicles accounted for as operating leases. Lease terms typically range from one year to ten years. As of January 31, 2021, the Company did not have any finance leases.

Operating lease expense was $4,169 and $4,274 for the three months ended January 31, 2021 and 2020, respectively, and $8,242 and $9,678 for the six months ended January 31, 2021 and 2020, respectively. Operating lease expense was recognized in either "Cost of goods sold" or "Selling, general and administrative" expenses in the condensed consolidated statements of income, based on the nature of the lease. Short-term lease expense, variable lease expenses, and sublease income was immaterial to the condensed consolidated statements of income for the three and six months ended January 31, 2021 and 2020.

Supplemental cash flow information related to the Company's operating leases for the six months ended January 31, 2021 and 2020, was as follows:


	Six months ended January 31,
	2021		2020
Operating cash outflows from operating leases	$	8,762	$	8,216
Operating lease assets obtained in exchange for new operating lease liabilities	3,297		10,637