DERIVATIVES AND HEDGING (Tables)

12 Months Ended

Jul. 31, 2019

Investments, All Other Investments [Abstract]

Schedule of Derivative Instruments

	July 31, 2019
			Fair Value in
			Other Current
Cash Flow Hedges	Notional		Liabilities
Interest rate swap agreements		849,550		12,463
Total derivative financial instruments	$	849,550	$	12,463

Derivative Instruments, Gain (Loss)

The total amounts presented in the Consolidated Statements of Income and Comprehensive Income due to changes in the fair value of the following derivative instruments for the fiscal years ended July 31, 2019, 2018 and 2017 are as follows:

	2019			2018			2017
Gain (Loss) on Derivatives
Designated as Cash Flow Hedges
Gain (Loss) recognized in Other Comprehensive Income, net of tax
Foreign currency forward contracts	$	129		$	–		$	–
Interest rate swap agreements		(9,396	)		–			–
Total gain (loss)	$	(9,267	)	$	–		$	–
	2019
				Acquisition-			Interest
	Sales			Related Costs			Expense
Gain (Loss) Reclassified from AOCI, Net of Tax
Foreign currency forward contracts	$	129		$	–		$	–
Interest rate swap agreements		–			–			76
Gain (Loss) on Derivatives Not Designated as Hedging Instruments
Amount of gain (loss) recognized in income, net of tax
Foreign currency forward contracts		–			(70,777	)		–
Interest rate swap agreements		–			–			(438	)
Total gain (loss)	$	129		$	(70,777	)	$	(362	)