Income Taxes (Tables)

12 Months Ended

Jul. 31, 2019

Income Tax Disclosure [Abstract]

Components Of Deferred Tax Liabilities And Assets

Significant components of the Company’s deferred tax liabilities and assets are as follows (in thousands):

	July 31,
	2019			2018
Deferred income tax liabilities:
Fixed assets	$	153,182		$	126,697
Intangible assets	73,146			54,708
Other	13,425			12,865
Total	239,753			194,270
Deferred income tax assets:
Canyons obligation	13,922			13,145
Stock-based compensation	9,620			9,824
Investment in Partnerships	13,281			15,113
Deferred compensation and other accrued benefits	10,674			9,220
Contingent Consideration	6,771			5,476
Unfavorable lease obligation, net	4,896			5,580
Net operating loss carryforwards and other tax credits	5,631			5,716
Other, net	18,850			11,501
Total	83,645			75,575
Valuation allowance for deferred income taxes	(5,365		)	(5,450		)
Deferred income tax assets, net of valuation allowance	78,280			70,125
Net deferred income tax liability	$	161,473		$	124,145

Balance Sheet Summary of Deferred Tax Assets and Liabilities [Table Text Block]

The components of deferred income taxes recognized in the Consolidated Balance Sheets are as follows (in thousands):

	July 31,
	2019		2018
Non-current deferred income tax asset	$	7,286	$	9,773
Net non-current deferred income tax liability	168,759		133,918
Net deferred income tax liability	$	161,473	$	124,145

Components Of Provision (Benefit) For Income Taxes

Significant components of the provision (benefit) from income taxes are as follows (in thousands):

	Year Ended July 31,
	2019		2018			2017
Current:
Federal	$	24,309	$	(43,366	)	$	55,887
State	8,539		9,562			8,096
Foreign	20,205		18,436			16,311
Total current	53,053		(15,368		)	80,294
Deferred:
Federal	16,983		(45,922		)	29,065
State	5,282		2,941			3,601
Foreign	154		(2,789		)	3,771
Total deferred	22,419		(45,770		)	36,437
Provision (benefit) from income taxes	$	75,472	$	(61,138	)	$	116,731

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

U.S. and foreign components of income before (provision) benefit from income taxes is as follows (in thousands):

	Year Ended July 31,
	2019		2018		2017
U.S.	$	306,323	$	264,379	$	251,478
Foreign	92,642		75,713		96,971
Income before income taxes	$	398,965	$	340,092	$	348,449

Reconciliation Of Effective Income Tax Rate And Effective Rate From Continuing Operation

A reconciliation of the income tax (benefit) provision from continuing operations and the amount computed by applying the United States federal statutory income tax rate to income before income taxes is as follows:

	Year Ended July 31,
	2019		2018		2017
At U.S. federal income tax rate	21.0	%	26.8	%	35.0	%
State income tax, net of federal benefit	2.8	%	3.0	%	2.2	%
Change in uncertain tax positions	(1.6	)%	—	%	—	%
Change in valuation allowance	—	%	0.3	%	0.9	%
Excess tax benefits related to stock-based compensation	(3.0	)%	(20.9	)%	—	%
Impacts of the Tax Act	—	%	(24.7	)%	—	%
Noncontrolling interests	(1.5	)%	(1.7	)%	(2.1	)%
Foreign rate differential	0.4	%	(1.5	)%	(3.4	)%
Other	0.8	%	0.7	%	0.9	%
Effective tax rate	18.9	%	(18.0	)%	33.5	%

Reconciliation Of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits associated with uncertain tax positions, excluding associated deferred tax benefits and accrued interest and penalties, if applicable, is as follows (in thousands):

	Year Ended July 31,
	2019			2018			2017
Balance, beginning of year	$	78,242		$	76,111		$	57,032
Additions based on tax positions related to the current year	—			—			—
Additions for tax positions of prior years	11,520			12,394			19,079
Reductions for tax positions of prior years	—			—			—
Lapse of statute of limitations	(17,540		)	(10,263		)	—
Settlements	—			—			—
Balance, end of year	$	72,222		$	78,242		$	76,111