Segment Information

12 Months Ended

Jul. 31, 2025

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company is organized and managed within two regions: Americas & Asia and Europe & Australia, which are the reportable segments. The Company's Chief Executive Officer (“CEO”), who is also the Company's Chief Operating Decision Maker (“CODM”), uses segment profit in measuring segment performance, allocating resources, evaluating performance in periodic reviews, and during the development of the annual budget and the regular forecasting process. The CODM considers budget-to-actual variances on a quarterly basis, as well as segment-specific forecasting, when making decisions about the allocation of operating and capital resources to each segment. The CODM also uses the segment's net sales in measuring segment performance.

The following is a summary of segment information as of and for the years ended July 31, 2025, 2024 and 2023:

	2025		2024		2023
Americas & Asia
Net sales	$	993,715	$	886,528	$	888,857
Cost of goods sold	490,670		430,265		449,784
Gross margin	503,045		456,263		439,073
Segment expenses:
Research and development	55,862		48,715		45,172
Selling, general and administrative	237,417		210,706		213,398
Total segment expenses	293,279		259,421		258,570
Segment profit	$	209,766	$	196,842	$	180,503
Europe & Australia
Net sales	$	519,890	$	454,865	$	443,006
Cost of goods sold	262,113		223,244		224,804
Gross margin	257,777		231,621		218,202
Segment expenses:
Research and development	24,027		19,033		16,193
Selling, general and administrative	176,809		141,976		136,267
Total segment expenses	200,836		161,009		152,460
Segment profit	$	56,941	$	70,612	$	65,742
Total profit from reportable segments	$	266,707	$	267,454	$	246,245
Reconciliation to income before income taxes
Total profit from reportable segments	$	266,707	$	267,454	$	246,245
Unallocated costs:
Administrative costs	(30,069)		(24,040)		(24,802)
Gain on sale of business	—		—		3,770
Investment and other income	5,206		7,553		4,022
Interest expense	(4,747)		(3,126)		(3,539)
Income before income taxes	$	237,097	$	247,841	$	225,696
Other Segment Information
Depreciation & amortization:
Americas & Asia	$	26,373	$	22,716	$	25,269
Europe & Australia	14,266		7,157		7,101
Total Company	$	40,639	$	29,873	$	32,370
Assets:
Americas & Asia	$	982,000	$	849,844	$	829,562
Europe & Australia	577,904		415,607		408,163
Corporate	174,349		250,118		151,532
Total Company	$	1,734,253	$	1,515,569	$	1,389,257
Expenditures for property, plant & equipment:
Americas & Asia	$	18,595	$	54,460	$	13,256
Europe & Australia	8,982		25,432		5,970
Total Company	$	27,577	$	79,892	$	19,226

The following is a summary of sales and long-lived assets by geographic region for the years ended July 31, 2025, 2024 and 2023:

	Revenues* Years Ended July 31,						Long-Lived Assets** As of July 31,
	2025		2024		2023		2025		2024		2023
Geographic information:
United States	$	847,336	$	783,775	$	790,596	$	591,586	$	515,193	$	524,258
Other	747,289		631,748		610,553		474,727		360,519		302,321
Eliminations	(81,020)		(74,130)		(69,286)		—		—		—
Consolidated total	$	1,513,605	$	1,341,393	$	1,331,863	$	1,066,313	$	875,712	$	826,579
* Revenues are attributed based on country of origin.
** Long-lived assets consist of property, plant and equipment, goodwill, other intangible assets, and operating lease assets.