Leases (Tables)

12 Months Ended

Jul. 31, 2023

Leases [Abstract]

Components of lease expense and additional information

The components of lease expense are as follows:

	Fiscal years ended July 31,
	2023		2022	2021
Finance lease expense:
Amortization of ROU assets	$	5,000	13,000	36,000
Interest on lease liabilities	—		1,000	3,000
Operating lease expense	10,439,000		11,658,000	12,152,000
Short-term lease expense	435,000		402,000	819,000
Variable lease expense	4,031,000		4,619,000	4,523,000
Sublease income	(67,000)		(67,000)	(67,000)
Total lease expense	$	14,843,000	16,626,000	17,466,000

Additional information related to leases is as follows:

	Fiscal years ended July 31,
	2023		2022	2021
Cash paid for amounts included in the measurement of lease      liabilities:
Operating leases - Operating cash outflows	$	10,604,000	11,864,000	10,868,000
Finance leases - Operating cash outflows	—		1,000	3,000
Finance leases - Financing cash outflows	4,000		15,000	38,000
ROU assets obtained in the exchange for lease liabilities      (non-cash):
Operating leases	$	3,211,000	15,233,000	24,987,000

Future cash flows relating to operating lease liabilities

The following table is a reconciliation of future cash flows relating to operating lease liabilities presented on our Consolidated Balance Sheet as of July 31, 2023:

	Operating
Fiscal 2024	$	9,478,000
Fiscal 2025	8,872,000
Fiscal 2026	7,445,000
Fiscal 2027	5,351,000
Fiscal 2028	4,622,000
Thereafter	21,572,000
Total future undiscounted cash flows	57,340,000
Less: Present value discount	6,932,000
Lease liabilities	$	50,408,000
Weighted-average remaining lease terms (in years)	8.31
Weighted-average discount rate	3.46		%

Future minimum lease payments for finance lease liabilities

The following table is a reconciliation of future cash flows relating to operating lease liabilities presented on our Consolidated Balance Sheet as of July 31, 2023:

	Operating
Fiscal 2024	$	9,478,000
Fiscal 2025	8,872,000
Fiscal 2026	7,445,000
Fiscal 2027	5,351,000
Fiscal 2028	4,622,000
Thereafter	21,572,000
Total future undiscounted cash flows	57,340,000
Less: Present value discount	6,932,000
Lease liabilities	$	50,408,000
Weighted-average remaining lease terms (in years)	8.31
Weighted-average discount rate	3.46		%