Leases (Tables)

6 Months Ended

Jan. 31, 2020

Leases [Abstract]

Components of Lease Cost for Operating Leases

The following table summarizes the components of lease cost for operating leases for the quarter and six months ended January 31, 2020:

	Quarter Ended January 31, 2020		Six Months Ended January 31, 2020
Operating lease cost	$	20,462	$	40,318
Short term lease cost		1,892		2,276
Variable lease cost		479		930
Total lease cost	$	22,833	$	43,524

Supplemental Cash Flow Information and Non-cash Activity Related to Operating Leases

The following table summarizes supplemental cash flow information and non-cash activity related to the Company’s operating leases for the quarter and six months ended January 31, 2020:

	Quarter Ended January 31, 2020			Six Months Ended January 31, 2020
Operating cash flow information:
Cash paid for amounts included in the measurement of lease liabilities	$	20,286		$	39,832
Noncash information:
Right-of-use assets obtained in exchange for new operating lease liabilities		601			4,439
Lease modifications granting additional right-of-use assets		5,691			12,517
Lease modifications removing right-of-use assets		(280	)		(929	)

Weighted-Average Remaining Lease Term and Weighted-Average Discount Rate for Operating Leases

The following table summarizes the weighted-average remaining lease term and the weighted-average discount rate for operating leases as of January 31, 2020:

Weighted-average remaining lease term	18.04 Years
Weighted-average discount rate		3.86	%

Maturities of Undiscounted Cash Flows Reconciled to Total Lease Liability

The following table summarizes the maturities of undiscounted cash flows reconciled to the total lease liability as of January 31, 2020:

Year	Total
Remainder of 2020	$	39,873
2021		50,982
2022		41,429
2023		37,390
2024		36,726
Thereafter		533,084
Total future minimum lease payments		739,484
Less imputed remaining interest		(229,122	)
Total present value of operating lease liabilities	$	510,362

Maturities of Lease Commitments Prior to Adoption of New Lease Guidance

The following table summarizes the maturities of lease commitments as of August 2, 2019, prior to the adoption of the new lease guidance, as previously disclosed in our 2019 Form 10-K:

Year	Total
2020	$	69,249
2021		40,962
2022		36,280
2023		33,639
2024		34,020
Thereafter		515,169
Total	$	729,319