Income Taxes (Tables)

12 Months Ended

Jul. 31, 2023

Income Tax Disclosure [Abstract]

Components Of Deferred Tax Liabilities And Assets

Significant components of the Company’s deferred tax liabilities and assets are as follows (in thousands):

	July 31,
	2023		2022
Deferred income tax liabilities:
Fixed assets	$	211,995	$	203,669
Intangible assets	143,402		119,066
Operating lease right of use assets	45,913		44,873
Convertible debt	—		18,780
Other	22,115		18,157
Total	423,425		404,545
Deferred income tax assets:
Canyons obligation	18,631		17,291
Stock-based compensation	9,370		9,957
Investment in Partnerships	10,430		10,602
Deferred compensation and other accrued benefits	11,099		15,202
Contingent Consideration	18,423		10,719
Net operating loss carryforwards and other tax credits	14,864		8,516
Operating lease liabilities	48,953		49,530
Other, net	28,988		24,501
Total	160,758		146,318
Valuation allowance for deferred income taxes	(9,603)		(5,188)
Deferred income tax assets, net of valuation allowance	151,155		141,130
Net deferred income tax liability	$	272,270	$	263,415

Balance Sheet Summary of Deferred Tax Assets and Liabilities [Table Text Block]

The components of deferred income taxes recognized in the accompanying Consolidated Balance Sheets are as follows (in thousands):

	July 31,
	2023		2022
Deferred income tax asset	$	3,867	$	5,049
Deferred income tax liability	276,137		268,464
Net deferred income tax liability	$	272,270	$	263,415

Components Of Provision (Benefit) For Income Taxes

Significant components of the provision for income taxes are as follows (in thousands):

	Year Ended July 31,
	2023		2022		2021
Current:
Federal	$	17,473	$	62,974	$	20,387
State	6,759		13,938		4,935
Foreign	40,117		21,302		(8,460)
Total current	64,349		98,214		16,862
Deferred:
Federal	23,813		(6,910)		(16,289)
State	1,372		1,966		(2,423)
Foreign	(1,120)		(4,446)		2,576
Total deferred	24,065		(9,390)		(16,136)
Provision for income taxes	$	88,414	$	88,824	$	726

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

U.S. and foreign components of income before provision for income taxes are as follows (in thousands):

	Year Ended July 31,
	2023		2022		2021
U.S.	$	217,971	$	387,729	$	148,898
Foreign	155,546		69,432		(23,715)
Income before income taxes	$	373,517	$	457,161	$	125,183

Reconciliation Of Effective Income Tax Rate And Effective Rate From Continuing Operation

A reconciliation of the income tax provision for continuing operations and the amount computed by applying the United States federal statutory income tax rate to income before income taxes is as follows:

	Year Ended July 31,
	2023		2022		2021
At U.S. federal income tax rate	21.0	%	21.0	%	21.0	%
State income tax, net of federal benefit	2.2	%	3.8	%	4.2	%
Change in uncertain tax positions	(1.5)	%	(1.2)	%	(3.5)	%
Stock-based compensation	0.7	%	(3.6)	%	(14.3)	%
Noncontrolling interests	(1.0)	%	(1.2)	%	0.8	%
Foreign taxes	3.2	%	0.1	%	(5.0)	%
Taxes related to prior year filings	(0.1)	%	0.3	%	(2.9)	%
Other	(0.8)	%	0.2	%	0.3	%
Effective tax rate	23.7	%	19.4	%	0.6	%

Reconciliation Of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits associated with uncertain tax positions, excluding associated deferred tax benefits and accrued interest and penalties, if applicable, is as follows (in thousands):

	Year Ended July 31,
	2023		2022		2021
Balance, beginning of year	$	62,909	$	67,857	$	70,299
Additions for tax positions of prior years	11,025		11,179		16,754
Lapse of statute of limitations	(22,254)		(16,127)		(19,196)
Balance, end of year	$	51,680	$	62,909	$	67,857