XML 61 R39.htm IDEA: XBRL DOCUMENT v3.24.3

Leases (Tables)

12 Months Ended

Jul. 31, 2024

Leases [Abstract]

Components of lease expense and additional information

The components of lease expense are as follows:

			Fiscal years ended July 31,
			2024						2023						2022
Finance lease expense:
Amortization of ROU assets			$	—					5,000						13,000
Interest on lease liabilities			—						—						1,000
Operating lease expense			8,414,000						10,439,000						11,658,000
Short-term lease expense			293,000						435,000						402,000
Variable lease expense			4,381,000						4,031,000						4,619,000
Sublease income			(67,000)						(67,000)						(67,000)
Total lease expense			$	13,021,000					14,843,000						16,626,000

Additional information related to leases is as follows:

			Fiscal years ended July 31,
			2024						2023						2022
Cash paid for amounts included in the measurement of lease      liabilities:
Operating leases - Operating cash outflows			$	8,983,000					10,604,000						11,864,000
Finance leases - Operating cash outflows			—						—						1,000
Finance leases - Financing cash outflows			—						4,000						15,000
ROU assets obtained in the exchange for lease liabilities      (non-cash):
Operating leases			$	677,000					3,211,000						15,233,000

Future cash flows relating to operating lease liabilities

The following table is a reconciliation of future cash flows relating to operating lease liabilities presented on our Consolidated Balance Sheets as of July 31, 2024:

			Operating
Fiscal 2025			$	8,263,000
Fiscal 2026			6,857,000
Fiscal 2027			4,756,000
Fiscal 2028			4,019,000
Fiscal 2029			3,367,000
Thereafter			16,428,000
Total future undiscounted cash flows			43,690,000
Less: Present value discount			5,563,000
Lease liabilities			$	38,127,000
Weighted-average remaining lease terms (in years)			7.97
Weighted-average discount rate			3.54		%

Future minimum lease payments for finance lease liabilities

The following table is a reconciliation of future cash flows relating to operating lease liabilities presented on our Consolidated Balance Sheets as of July 31, 2024:

			Operating
Fiscal 2025			$	8,263,000
Fiscal 2026			6,857,000
Fiscal 2027			4,756,000
Fiscal 2028			4,019,000
Fiscal 2029			3,367,000
Thereafter			16,428,000
Total future undiscounted cash flows			43,690,000
Less: Present value discount			5,563,000
Lease liabilities			$	38,127,000
Weighted-average remaining lease terms (in years)			7.97
Weighted-average discount rate			3.54		%

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

+ Details

Name:	us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

+ Details

Name:	us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration