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Leases, Codification Topic 842 (Tables) | 12 Months Ended
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Jul. 31, 2021
Leases [Abstract] |
Lease, Cost | Components of lease expense were as follows:
|  |  | Year Ended July 31,
(In thousands) |  | 2021 |  | 2020 |  |
Operating lease expense |  | $ | 28,302 |  |  | $ | 31,628 |  |  |
Finance lease expense: |  |  |  |  |  |
| Amortization of right-of-use assets |  | 612 |  |  | 882 |  |  |
| Interest on finance lease liabilities |  | 65 |  |  | 189 |  |  |
Short-term lease expense |  | 4,472 |  |  | 8,555 |  |  |
Variable lease expense |  | 1,586 |  |  | 1,635 |  |  |
Total lease expense |  | $ | 35,037 |  |  | $ | 42,889 |  |  |
Facilities rental expense for the year ended July 31, 2019 was $30.6 million under ASC 840, Operating Leases.
Lessee, Operating Leases | The components of right-of-use assets and lease liabilities on the consolidated balance sheet are as follows (In thousands):
Lease Asset and Liabilities |  | Balance Sheet Classification (In thousands) |  | July 31, 2021 |  | July 31, 2020
Operating lease right-of-use assets |  | Operating lease right-of-use assets |  | $ | 119,487 |  |  | $ | 118,455 |
Finance lease right-of-use assets |  | Property and equipment, net |  | 563 |  |  | 1,409 |
Total lease assets, net |  | $ | 120,050 |  |  | $ | 119,864 |
Operating lease liabilities - current |  | Current portion of operating and finance lease liabilities |  | $ | 21,942 |  |  | $ | 24,821 |
Finance lease liabilities - current |  | Current portion of operating and finance lease liabilities |  | 530 |  |  | 751 |
Operating lease liabilities - non-current |  | Operating and finance lease liabilities, net of current portion |  | 97,925 |  |  | 95,584 |
Finance lease liabilities - non-current |  | Operating and finance lease liabilities, net of current portion |  | 36 |  |  | 566 |
Total lease liabilities |  | $ | 120,433 |  |  | $ | 121,722 |
Schedule of Cash Flow, Supplemental Disclosures | Supplemental cash flow information related to leases as of July 31, 2021 were as follows (In thousands):
|  |  | Year Ended July 31,
(In thousands) |  | 2021 |  | 2020 |  |
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |  |  |
| Operating cash flows related to operating leases |  | $ | 28,576 |  |  | $ | 29,799 |  |  |
| Operating cash flows related to finance leases |  | 65 |  |  | 187 |  |  |
| Financing cash flows related to finance leases |  | 1,118 |  |  | 1,065 |  |  |
Right-of-use assets obtained in exchange for new operating lease liabilities |  | 41,770 |  |  | 42,860 |  |  |
Right-of-use assets obtained in exchange for new finance lease liabilities |  | — |  |  | 2,899 |  |  |
Lessee, Operating Lease, Liability, Maturity | The annual maturities of the Company’s lease liabilities as of July 31, 2021 were as follows:
Fiscal year (In thousands) |  | Finance leases |  | Operating leases
2022 |  | $ | 535 |  |  | $ | 24,626 |
2023 |  | 24 |  |  | 20,818 |
2024 |  | 13 |  |  | 16,005 |
2025 |  | — |  |  | 13,833 |
2026 |  | — |  |  | 10,870 |
Thereafter |  | — |  |  | 53,632 |
Total future lease commitments |  | $ | 572 |  |  | $ | 139,784 |
Less: imputed interest |  | (6) |  |  | (19,917) |
Present value of lease liabilities |  | $ | 566 |  |  | $ | 119,867 |
Lessor, Operating Lease, Payments to be Received, Maturity | Future lease payments receivable under operating leases with terms greater than one year as of July 31, 2021 were as follows:
Fiscal year (In thousands) |  | Operating leases
2022 |  | $ | 6,537 |
2023 |  | 5,423 |
2024 |  | 5,499 |
2025 |  | 5,468 |
2026 |  | 5,172 |
Thereafter |  | 14,556 |
Total future lease payments receivable |  | $ | 42,655 |

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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918686-209980 + Details
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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918701-209980 + Details
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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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- Definition Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=124258985&loc=SL77919396-209981 + Details
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