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INCOME TAXES
3 Months Ended
Oct. 31, 2020
Income Tax Disclosure [Abstract]  
INCOME TAXES
NOTE 12—INCOME TAXES

The effective income tax rate for continuing operations was a benefit of 50.5% compared to a benefit of 14.7% on pre-tax income for the first quarter of fiscal 2021 and 2020, respectively. The change in the effective income tax rate for the first quarter of fiscal 2021 was primarily driven by a discrete tax benefit in the first quarter of fiscal 2021 related to employee stock awards compared to a discrete tax expense for this item in the first quarter of fiscal 2020. In addition, the first quarter of fiscal 2020 was impacted by a goodwill impairment charge. The tax provision included $0.5 million and $64.2 million of discrete tax benefit for the first quarter of fiscal 2021 and fiscal 2020, respectively.