LEASES (Tables)

3 Months Ended

Oct. 31, 2019

Supplemental cash flow information related to the Company's leases during the three months ended October 31, 2019 was as follows (in thousands):



Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases	$	4,372
Operating cash flows from finance leases	$	4
Financing cash flows from finance leases	$	35

The Company's lease cost was comprised of the following components for the three months ended October 31, 2019:



	Three Months Ended October 31, 2019
	(In thousands)
Operating lease cost	$	4,816
Short-term lease expense	226
Variable lease cost	40
Amortization of finance lease assets	18
Interest on finance lease liabilities	4
	$	5,104

Future minimum lease payments under operating leases

The Company's future minimum lease payments required under operating and finance leases that have commenced as of October 31, 2019 were as follows (in thousands):



	Operating Leases		Finance Leases
2020	$	14,235	$	127
2021	14,456		134
2022	11,154		95
2023	6,869		38
2024	5,298		—
Thereafter	22,416		—
Total lease payments	74,428		394
Less: imputed interest	17,007		28
Present value of lease payments	57,421		366
Less: current maturities of lease obligations	12,311		132
Long-term lease obligations	$	45,110	$	234

Future minimum lease payments under financing leases

The Company's future minimum lease payments required under operating and finance leases that have commenced as of October 31, 2019 were as follows (in thousands):



	Operating Leases		Finance Leases
2020	$	14,235	$	127
2021	14,456		134
2022	11,154		95
2023	6,869		38
2024	5,298		—
Thereafter	22,416		—
Total lease payments	74,428		394
Less: imputed interest	17,007		28
Present value of lease payments	57,421		366
Less: current maturities of lease obligations	12,311		132
Long-term lease obligations	$	45,110	$	234

Additional lease information

Additional information related to the Company's leases as of October 31, 2019 was as follows:



Weighted average remaining lease term:
Operating leases	6.9	years
Finance leases	2.8	years

Weighted average discount rate:
Operating leases		4.4%
Finance leases		4.5%