Leases (Notes)

9 Months Ended

Apr. 30, 2023

Leases [Abstract]

Leases Disclosure

Leases

The Company leases certain manufacturing facilities, warehouse and office spaces, and vehicles accounted for as operating leases. Lease terms typically range from one year to ten years. As of April 30, 2023, the Company did not have any finance leases.

Operating lease expense was $3,997 and $4,346 for the three months ended April 30, 2023 and 2022, respectively, and $11,645 and $13,198 for the nine months ended April 30, 2023 and 2022, respectively, which 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 nine months ended April 30, 2023 and 2022.

Supplemental cash flow information related to the Company's operating leases for the nine months ended April 30, 2023 and 2022, was as follows:

	Nine months ended April 30,
	2023		2022
Operating cash outflows from operating leases	$	13,196	$	14,582
Operating lease assets obtained in exchange for new operating lease liabilities (1)	6,545		2,553

(1) Includes new leases and remeasurements or modifications of existing leases.