Property and Equipment, Net

6 Months Ended

Jan. 31, 2025

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

Property and Equipment, Net

Property and equipment, net consisted of the following:

(In thousands)	January 31, 2025		July 31, 2024
Land	$	2,261,125	$	2,027,639
Buildings and improvements	1,576,005		1,482,891
Transportation and other equipment	650,407		604,977
Office furniture and equipment	98,121		97,576
Software	112,720		105,001
	4,698,378		4,318,084
Less: Accumulated depreciation and amortization	(1,235,610)		(1,142,246)
Property and equipment, net	$	3,462,768	$	3,175,838

Depreciation and amortization expense on property and equipment was $50.8 million and $41.7 million for the three months ended January 31, 2025 and 2024, respectively, and $100.9 million and $81.7 million for the six months ended January 31, 2025 and 2024, respectively.