XML 54 R39.htm IDEA: XBRL DOCUMENT v3.21.2
LEASES (Tables)
12 Months Ended
Jul. 31, 2021
Leases [Abstract]  
Components of Lease Costs
The components of lease costs for the fiscal years ended July 31, 2021 and July 31, 2020 were as follows:
Fiscal Year Ended July 31,
20212020
Operating lease cost$18,140 $12,580 
Finance lease cost
Amortization of right-of-use assets662 544 
Interest on lease liabilities520 531 
Total lease cost$19,322 $13,655 

Other information related to leases was as follows:
Fiscal Year Ended July 31,
Supplemental Cash Flow Information20212020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$18,054 $12,487 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$16,636 $4,655 
Finance leases$4,000 $— 

July 31,
Supplemental Balance Sheet Information20212020
Operating leases:
Operating lease right-of-use assets$42,601 $33,609 
Operating lease liabilities
Other current liabilities$8,944 $5,343 
Other long-term liabilities33,923 28,456 
Total operating lease liabilities$42,867 $33,799 
Finance leases:
Finance lease right-of-use assets$7,010 $3,672 
Finance lease liabilities
Other current liabilities$1,081 $505 
Other long-term liabilities4,694 4,743 
Total finance lease liabilities$5,775 $5,248 
July 31,
20212020
Weighted-average remaining lease term
Operating leases11.1 years13.6 years
Finance leases5.1 years6.8 years
Weighted-average discount rate
Operating leases3.2 %3.4 %
Finance leases8.9 %9.7 %
Finance Lease, Liability, Maturity
Future minimum rental payments required under operating and finance leases as of July 31, 2021 were as follows:
Operating LeasesFinance Leases
For the fiscal year ending July 31, 2022$13,923 $1,555 
For the fiscal year ending July 31, 202310,576 1,578 
For the fiscal year ending July 31, 20247,763 1,059 
For the fiscal year ending July 31, 20255,188 1,083 
For the fiscal year ending July 31, 20263,530 1,107 
For the fiscal year ending July 31, 2027 and thereafter18,267 954 
Total future lease payments$59,247 $7,336 
Less: amount representing interest(16,380)(1,561)
Total reported lease liability$42,867 $5,775 
Lessee, Operating Lease, Liability, Maturity
Future minimum rental payments required under operating and finance leases as of July 31, 2021 were as follows:
Operating LeasesFinance Leases
For the fiscal year ending July 31, 2022$13,923 $1,555 
For the fiscal year ending July 31, 202310,576 1,578 
For the fiscal year ending July 31, 20247,763 1,059 
For the fiscal year ending July 31, 20255,188 1,083 
For the fiscal year ending July 31, 20263,530 1,107 
For the fiscal year ending July 31, 2027 and thereafter18,267 954 
Total future lease payments$59,247 $7,336 
Less: amount representing interest(16,380)(1,561)
Total reported lease liability$42,867 $5,775