Derivatives and Hedging Activities (Tables)

6 Months Ended

Jan. 31, 2022

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:

	January 31, 2022		July 31, 2021
Designated as cash flow hedges	$	15,374	$	30,724
Non-designated hedges	3,455		3,580
Total foreign exchange contracts	$	18,829	$	34,304

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 January 31,				Six months ended January 31,
	2022		2021		2022		2021
Gains recognized in OCI	$	225	$	451	$	199	$	1,148
Gains (losses) reclassified from OCI into cost of goods sold	36		(60)		604		(271)

Schedule of Fair Values of Derivative Instruments in Consolidated Balance Sheets

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

	January 31, 2022				July 31, 2021
	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)	$	372	$	153	$	150	$	51
Derivatives not designated as hedging instruments:
Foreign exchange contracts (non-designated hedges)	—		12		—		—
Total derivative instruments	$	372	$	165	$	150	$	51