Derivatives and Hedging Activities (Tables)

9 Months Ended

Apr. 30, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions

The U.S. dollar equivalent notional amounts of outstanding forward exchange contracts were as follows:

	April 30, 2021		July 31, 2020
Designated as cash flow hedges	$	6,150	$	24,600
Non-designated hedges	3,495		3,107
Total foreign exchange contracts	$	9,645	$	27,707

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)

The following table summarizes the amount of pre-tax gains and losses related to foreign exchange contracts designated as cash flow hedging instruments:

	Three months ended April 30,				Nine months ended April 30,
	2021		2020		2021		2020
Gains (losses) recognized in OCI	$	118	$	(1,751)	$	1,266	$	(1,192)
Gains reclassified from OCI into cost of goods sold	292		293		21		779

Fair Values of Derivative Instruments in Consolidated Balance Sheets

Fair values of derivative instruments in the condensed consolidated balance sheets were as follows:

	April 30, 2021				July 31, 2020
	Prepaid expenses and other current assets		Other current liabilities		Prepaid expenses and other current assets		Other current liabilities
Derivatives designated as hedging instruments:
Foreign exchange contracts (cash flow hedges)	$	724	$	242	$	588	$	761
Derivatives not designated as hedging instruments:
Foreign exchange contracts (non-designated hedges)	—		10		6		16
Total derivative instruments	$	724	$	252	$	594	$	777