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Leases
 3 Months Ended
Oct. 31, 2021
Leases [Abstract]  
Leases Leases
The Company has operating leases principally for land, buildings and equipment and has various finance leases for certain land and buildings expiring through 2035.

Certain of the Company’s leases include options to extend or terminate the leases, and these options have been included in the relevant lease term to the extent that they are reasonably certain to be exercised.

The Company does not include significant restrictions or covenants in our lease agreements, and residual value guarantees are not generally included within our operating leases.

The components of lease costs for the three-month periods ended October 31, 2021 and October 31, 2020 were as follows:

Three Months Ended October 31,
20212020
Operating lease cost$6,308 $3,877 
Finance lease cost:
Amortization of right-of-use assets186 136 
Interest on lease liabilities125 126 
Total lease cost$6,619 $4,139 

Other information related to leases was as follows:

Three Months Ended October 31,
Supplemental Cash Flows Information20212020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$6,309 $3,855 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$8,401 $2,348 

Supplemental Balance Sheet InformationOctober 31, 2021July 31, 2021
Operating leases:
Operating lease right-of-use assets$47,335 $42,601 
Operating lease liabilities:
Other current liabilities$10,257 $8,944 
Other long-term liabilities37,389 33,923 
Total operating lease liabilities$47,646 $42,867 
Finance leases:
Finance lease right-of-use assets$6,823 $7,010 
Finance lease liabilities
Other current liabilities$1,106 $1,081 
Other long-term liabilities4,407 4,694 
Total finance lease liabilities$5,513 $5,775 
October 31, 2021July 31, 2021
Weighted-average remaining lease term:
Operating leases10.4 years11.1 years
Finance leases4.9 years5.1 years
Weighted-average discount rate:
Operating leases3.4 %3.2 %
Finance leases9.0 %8.9 %

Future minimum rental payments required under operating and finance leases as of October 31, 2021 were as follows:

Operating LeasesFinance Leases
 For the remainder of the fiscal year ending July 31, 2022$12,309 $1,169 
For the fiscal year ending July 31, 202312,524 1,578 
For the fiscal year ending July 31, 20249,464 1,059 
For the fiscal year ending July 31, 20256,565 1,083 
For the fiscal year ending July 31, 2026 4,693 1,107 
For the fiscal year ending July 31, 2027 and thereafter19,808 954 
Total future lease payments65,363 6,950 
Less: amount representing interest(17,717)(1,437)
Total reported lease liability$47,646 $5,513 
Leases Leases
The Company has operating leases principally for land, buildings and equipment and has various finance leases for certain land and buildings expiring through 2035.

Certain of the Company’s leases include options to extend or terminate the leases, and these options have been included in the relevant lease term to the extent that they are reasonably certain to be exercised.

The Company does not include significant restrictions or covenants in our lease agreements, and residual value guarantees are not generally included within our operating leases.

The components of lease costs for the three-month periods ended October 31, 2021 and October 31, 2020 were as follows:

Three Months Ended October 31,
20212020
Operating lease cost$6,308 $3,877 
Finance lease cost:
Amortization of right-of-use assets186 136 
Interest on lease liabilities125 126 
Total lease cost$6,619 $4,139 

Other information related to leases was as follows:

Three Months Ended October 31,
Supplemental Cash Flows Information20212020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$6,309 $3,855 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$8,401 $2,348 

Supplemental Balance Sheet InformationOctober 31, 2021July 31, 2021
Operating leases:
Operating lease right-of-use assets$47,335 $42,601 
Operating lease liabilities:
Other current liabilities$10,257 $8,944 
Other long-term liabilities37,389 33,923 
Total operating lease liabilities$47,646 $42,867 
Finance leases:
Finance lease right-of-use assets$6,823 $7,010 
Finance lease liabilities
Other current liabilities$1,106 $1,081 
Other long-term liabilities4,407 4,694 
Total finance lease liabilities$5,513 $5,775 
October 31, 2021July 31, 2021
Weighted-average remaining lease term:
Operating leases10.4 years11.1 years
Finance leases4.9 years5.1 years
Weighted-average discount rate:
Operating leases3.4 %3.2 %
Finance leases9.0 %8.9 %

Future minimum rental payments required under operating and finance leases as of October 31, 2021 were as follows:

Operating LeasesFinance Leases
 For the remainder of the fiscal year ending July 31, 2022$12,309 $1,169 
For the fiscal year ending July 31, 202312,524 1,578 
For the fiscal year ending July 31, 20249,464 1,059 
For the fiscal year ending July 31, 20256,565 1,083 
For the fiscal year ending July 31, 2026 4,693 1,107 
For the fiscal year ending July 31, 2027 and thereafter19,808 954 
Total future lease payments65,363 6,950 
Less: amount representing interest(17,717)(1,437)
Total reported lease liability$47,646 $5,513