Income Taxes (Tables)

12 Months Ended

Jul. 31, 2023

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,
	2023		2022		2021
United States	$	92,053	$	92,985	$	59,504
Other Nations	133,643		98,995		111,519
Total	$	225,696	$	191,980	$	171,023

Schedule of Components of Income Tax Expense (Benefit)

Income tax expense consists of the following:

	Years Ended July 31,
	2023		2022		2021
Current income tax expense:
United States	$	26,324	$	8,639	$	16,322
Other Nations	31,093		31,851		26,141
States (U.S.)	5,894		3,156		2,112
	$	63,311	$	43,646	$	44,575
Deferred income tax (benefit) expense:
United States	$	(10,577)	$	970	$	(2,662)
Other Nations	251		(2,377)		(5,938)
States (U.S.)	(2,146)		(238)		(365)
	$	(12,472)	$	(1,645)	$	(8,965)
Total income tax expense	$	50,839	$	42,001	$	35,610

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences are as follows as of July 31, 2023 and 2022:

	July 31, 2023
	Assets		Liabilities		Total
Inventories	$	8,526	$	(64)	$	8,462
Employee compensation and benefits	8,556		—		8,556
Accounts receivable	2,202		—		2,202
Fixed assets	3,118		(9,238)		(6,120)
Intangible assets	760		(49,267)		(48,507)
Capitalized R&D expenditures	9,986		—		9,986
Deferred and equity-based compensation	9,937		—		9,937
Postretirement benefits	2,683		(100)		2,583
Tax credit and net operating loss carry-forwards	51,387		—		51,387
Valuation allowances	(52,750)		—		(52,750)
Other, net	19,826		(4,798)		15,028
Total	$	64,231	$	(63,467)	$	764

	July 31, 2022
	Assets		Liabilities		Total
Inventories	$	8,112	$	(54)	$	8,058
Employee compensation and benefits	8,146		—		8,146
Accounts receivable	2,105		—		2,105
Fixed assets	3,177		(9,618)		(6,441)
Intangible assets	859		(50,095)		(49,236)
Deferred and equity-based compensation	9,221		—		9,221
Postretirement benefits	2,301		—		2,301
Tax credit and net operating loss carry-forwards	49,006		—		49,006
Valuation allowances	(47,276)		—		(47,276)
Other, net	17,919		(5,226)		12,693
Total	$	53,570	$	(64,993)	$	(11,423)

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,
	2023		2022		2021
Tax at statutory rate	21.0	%	21.0	%	21.0	%
International rate differential (1)	1.7	%	4.2	%	2.3	%
Adjustments to tax accruals and reserves	0.2	%	(0.1)	%	3.3	%
Research and development tax credits	(1.3)	%	(1.6)	%	(1.6)	%
Valuation allowance against foreign tax credits and foreign net operating loss carry-forwards	1.2	%	(1.2)	%	(4.8)	%
Deferred tax and other adjustments, net	(0.3)	%	(0.4)	%	0.6	%
Income tax rate	22.5	%	21.9	%	20.8	%

(1)Represents the foreign income tax rate differential when compared to the U.S. statutory income tax rate for the years ended July 31, 2023, 2022, and 2021.

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, 2020	$	13,622
Additions based on tax positions related to the current year	4,664
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 other	210
Balance as of July 31, 2021	$	21,912
Additions based on tax positions related to the current year	3,233
Additions for tax positions of prior years	435
Reductions for tax positions of prior years	(122)
Lapse of statute of limitations	(3,226)
Settlements with tax authorities	(1,129)
Cumulative translation adjustments and other	(539)
Balance as of July 31, 2022	$	20,564
Additions based on tax positions related to the current year	2,902
Additions for tax positions of prior years	792
Reductions for tax positions of prior years	(19)
Lapse of statute of limitations	(2,682)
Settlements with tax authorities	(782)
Cumulative translation adjustments and other	124
Balance as of July 31, 2023	$	20,899

Schedule of Open Tax Years by Major Jurisdictions

The following table summarizes the open tax years for the Company's major jurisdictions:

Jurisdiction	Open Tax Years
United States — Federal	F’20 — F’23