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Fair Value Measurements (Tables)
12 Months Ended
Jul. 31, 2020
Fair Value Disclosures [Abstract]  
Summary Of Cash Equivalents Measured At Fair Value
The table below summarizes the Company’s cash equivalents, other current assets, Interest Rate Swaps and Contingent Consideration measured at their estimated fair values (all other assets and liabilities measured at fair value are immaterial) (in thousands):
 
Estimated Fair Value Measurement as of July 31, 2020
Description
Total
Level 1
Level 2
Level 3
Assets:
 
 
 
 
Money Market
$
203,158

$
203,158

$

$

Commercial Paper
$
2,401

$

$
2,401

$

Certificates of Deposit
$
8,208

$

$
8,208

$

Liabilities:
 
 
 
 
Interest Rate Swaps
$
22,510

$

$
22,510

$

Contingent Consideration
$
17,800

$

$

$
17,800

 
 
 
 
 
 
Estimated Fair Value Measurement as of July 31, 2019
Description
Total
Level 1
Level 2
Level 3
Assets:
 
 
 
 
Money Market
$
3,043

$
3,043

$

$

Commercial Paper
$
2,401

$

$
2,401

$

Certificates of Deposit
$
7,871

$

$
7,871

$

Liabilities:
 
 
 
 
Contingent Consideration
$
27,200

$

$

$
27,200


Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The changes in Contingent Consideration during the years ended July 31, 2020 and 2019 were as follows (in thousands):
 
Contingent Consideration
Balance at July 31, 2018
$
21,900

Payment
(67
)
Change in estimated fair value
5,367

Balance at July 31, 2019
27,200

Payment
(6,436
)
Change in estimated fair value
(2,964
)
Balance at July 31, 2020
$
17,800