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Stock-based Payment Compensation (Tables)
3 Months Ended
Oct. 31, 2019
Share-based Payment Arrangement [Abstract]  
Summary of option activity for stock options The following is a summary of activity for the Company’s stock options for the three months ended October 31, 2019:
(In thousands, except per share and term data)
 
Shares
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term (In years)
 
Aggregate Intrinsic Value
Outstanding as of July 31, 2019
 
14,552

 
$
26.29

 
6.04
 
$
745,592

Exercises
 
(4,710
)
 
17.81

 
 
 
 
Outstanding as of October 31, 2019
 
9,842

 
$
30.35

 
6.57
 
$
514,578

Exercisable as of October 31, 2019
 
6,051

 
$
21.95

 
5.56
 
$
367,269


Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]
(In thousands, except per share data)
 
Restricted Shares
 
Weighted Average Grant Date Fair Value
Outstanding as of July 31, 2019
 
134

 
$
56.62

Grants of restricted stock
 
69

 
82.33

Forfeited restricted stock
 
(1
)
 
50.22

Outstanding as of October 31, 2019
 
202

 
$
65.34


Recognized stock-based compensation expense
The table below sets forth the stock-based compensation recognized by the Company for stock options and restricted stock awards:
 
 
Three Months Ended October 31,
(In thousands)
 
2019
 
2018
General and administrative
 
$
4,441

 
$
4,989

Yard operations
 
1,092

 
1,032

Total stock-based compensation
 
$
5,533

 
$
6,021