Leases (Tables)

12 Months Ended

Jul. 31, 2021

Leases [Abstract]

Lease, Cost [Table Text Block]

The components of lease expense for the years ended July 31, 2021 and 2020 were as follows (in thousands):

	Year ended July 31,
	2021		2020
Finance leases:
Amortization of the finance ROU assets	$	9,753	$	9,753
Interest on lease liabilities	$	34,612	$	34,035
Operating leases:
Operating lease expense	$	43,418	$	43,303
Short-term lease expense (1)	$	13,638	$	13,943
Variable lease expense	$	1,660	$	1,583

Cash Flow, Supplemental Disclosures [Text Block]

The following table presents the supplemental cash flow information associated with the Company’s leasing activities for the years ended July 31, 2021 and 2020 (in thousands):

	Year ended July 31,
	2021		2020
Cash flow supplemental information:
Operating cash outflows for operating leases	$	56,942	$	55,344
Operating cash outflows for finance leases	$	31,429	$	29,311
Financing cash outflows for finance leases	$	—	$	5,387
Non-cash supplemental information:
Operating ROU assets obtained in exchange for operating lease obligations	$	12,615	$	18,013

Weighted Average Remaining Lease Terms and Discount Rates [Table Text Block]

Weighted-average remaining lease terms and discount rates are as follows:

	July 31, 2021		July 31, 2020
Weighted-average remaining lease term (in years)
Operating leases	10.2		10.6
Finance leases	41.9		42.9
Weighted-average discount rate
Operating leases	4.5	%	4.5	%
Finance leases	10.0	%	10.0	%

Schedule of Future Minimum Lease Payments [Table Text Block]

Future fixed lease payments for operating and finance leases as of July 31, 2021 reflected by fiscal year (August 1 through July 31) are as follows (in thousands):

	Operating Leases		Finance Leases
2022	$	47,036	$	29,394
2023	40,994		29,982
2024	36,452		30,582
2025	33,924		31,193
2026	30,362		31,817
Thereafter	109,063		1,742,038
Total future minimum lease payments	297,831		1,895,006
Less amount representing interest	(72,249)		(1,543,186)
Total lease liabilities	$	225,582	$	351,820

The current portion of operating lease liabilities of approximately $34.7 million and $36.6 million as of July 31, 2021 and 2020, respectively, are recorded within accounts payables and accrued liabilities in the Consolidated Balance Sheet. Finance lease liabilities are recorded within long-term debt, net in the Consolidated Balance Sheets.