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Income Taxes (Tables)
 12 Months Ended
Jul. 31, 2021
Income Tax Disclosure [Abstract]  
Schedule of (Loss) Earnings from Continuing Operations
Income before income taxes and losses of unconsolidated affiliate consists of the following:
 Years Ended July 31,
 202120202019
United States$59,504 $69,433 $55,077 
Other Nations111,519 71,503 109,567 
Total$171,023 $140,936 $164,644 
The increase in income before income taxes and losses of unconsolidated affiliate in Other Nations to $111,519 in fiscal 2021 from $71,503 in fiscal 2020 was primarily due to intercompany royalty transactions that occurred in fiscal 2020 which reduced Other Nations income before income taxes and losses of unconsolidated affiliate by $22,914. In addition, profitability improved in Other Nations in fiscal 2021 compared to fiscal 2020 as our global businesses continue to recover from the COVID-19 pandemic.
The decrease in income before income taxes and losses of unconsolidated affiliate to $71,503 in fiscal 2020 from $109,567 in fiscal 2019 was primarily due to intercompany royalty transactions that occurred in fiscal 2020 which which reduced Other Nations income before income taxes and losses of unconsolidated affiliate by $22,914. In addition, profitability decreased in Other Nations in fiscal 2020 compared to fiscal 2019 as our global businesses were impacted by reduced economic activity resulting from the COVID-19 pandemic.
Schedule of Components of Income Tax Expense (Benefit)
Income tax expense consists of the following:
 Years Ended July 31,
 202120202019
Current income tax expense:
United States$16,322 $3,031 $2,232 
Other Nations26,141 25,133 22,445 
States (U.S.)2,112 1,160 913 
$44,575 $29,324 $25,590 
Deferred income tax (benefit) expense:
United States$(2,662)$1,072 $8,451 
Other Nations(5,938)(2,065)(667)
States (U.S.)(365)(10)12 
$(8,965)$(1,003)$7,796 
Total income tax expense$35,610 $28,321 $33,386 
Schedule of Deferred Tax Assets and Liabilities
The tax effects of temporary differences are as follows as of July 31, 2021 and 2020:
 July 31, 2021
 AssetsLiabilitiesTotal
Inventories$5,143 $(51)$5,092 
Employee compensation and benefits8,570 — 8,570 
Accounts receivable1,433 — 1,433 
Fixed assets3,479 (7,292)(3,813)
Intangible assets996 (51,987)(50,991)
Deferred and equity-based compensation8,069 — 8,069 
Postretirement benefits2,359 (166)2,193 
Tax credit and net operating loss carry-forwards60,238 — 60,238 
Valuation allowances(51,069)— (51,069)
Other, net13,698 (5,282)8,416 
Total$52,916 $(64,778)$(11,862)
 July 31, 2020
 AssetsLiabilitiesTotal
Inventories$4,385 $(58)$4,327 
Employee compensation and benefits3,339 (72)3,267 
Accounts receivable1,518 — 1,518 
Fixed assets3,663 (7,285)(3,622)
Intangible assets1,026 (31,488)(30,462)
Deferred and equity-based compensation7,851 — 7,851 
Postretirement benefits3,002 (31)2,971 
Tax credit and net operating loss carry-forwards56,447 — 56,447 
Valuation allowances(58,809)— (58,809)
Other, net11,786 (4,715)7,071 
Total$34,208 $(43,649)$(9,441)
Schedule of Effective Income Tax Rate Reconciliation
A reconciliation of the income tax rate computed by applying the statutory U.S. federal income tax rate to income before income taxes and losses of unconsolidated affiliate to the total income tax expense is as follows:
 Years Ended July 31,
 202120202019
Tax at statutory rate21.0 %21.0 %21.0 %
International rate differential(1)
2.3 %5.1 %2.0 %
Adjustments to tax accruals and reserves(2)
3.3 %(2.0)%(3.6)%
Research and development tax credits and domestic manufacturer’s deduction(1.6)%(2.0)%(1.6)%
Valuation allowance against foreign net operating loss carry-forwards(3)
(4.8)%— %0.2 %
Deferred tax and other adjustments, net0.6 %(2.0)%2.3 %
Income tax rate20.8 %20.1 %20.3 %
(1)Represents the foreign income tax rate differential when compared to the U.S. statutory income tax rate for the years ended July 31, 2021, 2020, and 2019.
(2)The years ended July 31, 2021, 2020, and 2019, include reductions of uncertain tax positions resulting from the closure of audits and lapses in statues of limitations. The year ended July 31, 2021 was impacted by the recording of reserves for uncertain tax provisions.
(3)The year ended July 31, 2021 includes a reduction in a previously recorded valuation allowance against certain foreign net operating loss carry-forwards.
Schedule of Unrecognized Tax Benefits Roll Forward A reconciliation of unrecognized tax benefits (excluding interest and penalties) is as follows:
Balance as of July 31, 2018$20,430 
Additions based on tax positions related to the current year2,518 
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 
Additions based on tax positions related to the current year2,798 
Additions for tax positions of prior years 1,295 
Reductions for tax positions of prior years(5,087)
Lapse of statute of limitations(117)
Cumulative translation adjustments and other(108)
Balance as of July 31, 2020$13,622 
Additions based on tax positions related to the current year4,664 
Additions for tax positions of prior years(1)
3,940 
Reductions for tax positions of prior years(365)
Lapse of statute of limitations(159)
Cumulative translation adjustments and other210 
Balance as of July 31, 2021$21,912 
Schedule of Open Tax Years by Major Jurisdictions The following table summarizes the open tax years for the Company's major jurisdictions:
JurisdictionOpen Tax Years
United States — FederalF’19 — F’21