Fair Value Measurements (Tables)

12 Months Ended

Jul. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Balance of Assets Measured at Fair Value on a Recurring Basis

The following table presents the balance of assets and liabilities measured at fair value on a recurring basis:

(in thousands)	Level 1		Level 2		Level 3			Total
July 31, 2022
Debt securities	$	13,734	$	8,569	$	—		$	22,303
Equity investments included in current assets		17,091		—		—			17,091
Equity investments included in noncurrent assets		—		1,230		1,132			2,362
TOTAL	$	30,825	$	9,799	$	1,132		$	41,756
Acquisition consideration included in:
Other current liabilities	$	—	$	—	$	(2,578	)	$	(2,578	)
Other noncurrent liabilities		—		—		(5,968	)		(5,968	)
TOTAL	$	—	$	—	$	(8,546	)	$	(8,546	)
July 31, 2021
Debt securities	$	1,652	$	12,360	$	—		$	14,012
Equity investments included in current assets		40,225		2,209		—			42,434
Equity investments included in noncurrent assets		—		—		2,465			2,465
TOTAL	$	41,877	$	14,569	$	2,465		$	58,911
Acquisition consideration included in:
Other current liabilities	$	—	$	—	$	(628	)	$	(628	)
Other noncurrent liabilities		—		—		(397	)		(397	)
TOTAL	$	—	$	—	$	(1,025	)	$	(1,025	)

Schedule of Assets Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3)

The following tables summarize the change in the balance of the Company’s assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3):

Year ended July 31,
(in thousands)	2022			2021			2020
Balance, beginning of period	$	2,465		$	3,825		$	3,619
Purchase of Rafael Holdings, Inc. warrant		—			354			—
Exercise of Rafael Holdings, Inc. warrant		—			(380	)		—
Redemption for Visa mandatory release assessment		(1,230	)		(1,870	)		—
Total (losses) gains included in “Other (expense) income, net”		(103	)		536			206
BALANCE, END OF PERIOD	$	1,132		$	2,465		$	3,825
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the period	$	—		$	—		$	—

Schedule of Liabilities Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3)

The following tables summarize the change in the balance of the Company’s liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3):

Year ended July 31,
(in thousands)	2022			2021		2020
Balance, beginning of period	$	1,025		$	396	$	—
Transfer into Level 3 from acquisitions		7,849			628		375
Total (gain) loss included in:
“Other operating (expense) gain, net”		(303	)		—		—
“Foreign currency translation adjustments”		(25	)		1		21
BALANCE, END OF PERIOD	$	8,546		$	1,025	$	396
Change in unrealized gains or losses for the period included in earnings for liabilities at the end of the period	$	—		$	—	$	—