Derivatives and Hedging Activities (Tables)

6 Months Ended

Jan. 31, 2024

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, 2024		July 31, 2023
Designated as cash flow hedges	$	26,552	$	39,661
Non-designated hedges	4,716		4,803
Total foreign exchange contracts	$	31,268	$	44,464

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

The following table summarizes the amount of pre-tax gains and losses related to derivatives designated as hedging instruments:

	Three months ended January 31,				Six months ended January 31,
	2024		2023		2024		2023
Gains (losses) recognized in OCI:
Forward exchange contracts (cash flow hedges)	$	1,083	$	776	$	789	$	1,669
Foreign currency denominated debt (net investment hedges)	(969)		(841)		539		(841)
Gains reclassified from OCI into cost of goods sold
Forward exchange contracts (cash flow hedges)	254		217		1,539		798

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, 2024						July 31, 2023
	Prepaid expenses and other current assets		Other current liabilities		Long-term obligations		Prepaid expenses and other current assets		Other current liabilities		Long-term obligations
Derivatives designated as hedging instruments:
Foreign exchange contracts (cash flow hedges)	$	686	$	28	$	—	$	485	$	189	$	—
Foreign currency denominated debt (net investment hedges)	—		—		35,090		—		—		36,716
Derivatives not designated as hedging instruments:
Foreign exchange contracts (non-designated hedges)	9		—		—		7		—		—
Total derivative instruments	$	695	$	28	$	35,090	$	492	$	189	36,716