XML 35 R24.htm IDEA: XBRL DOCUMENT v3.21.1
Description of Business and Summary of Significant Accounting Policies (Tables)
9 Months Ended
Apr. 30, 2021
Accounting Policies [Abstract]  
Contract with Customer, Asset and Liability
The change in the carrying amount of contract assets was as follows (In thousands):
Balance as of July 31, 2020$10,080 
Capitalized contract assets during the period265 
Costs amortized during the period(2,438)
Effect of foreign currency exchange rates254 
Balance as of April 30, 2021$8,161 
Schedule of Foreign Currency Translation
The cumulative effects of foreign currency exchange rate fluctuations were as follows (In thousands):
Cumulative loss on foreign currency translation as of July 31, 2019$(132,529)
Gain on foreign currency translation11,441 
Cumulative loss on foreign currency translation as of July 31, 2020$(121,088)
Gain on foreign currency translation19,424 
Cumulative loss on foreign currency translation as of April 30, 2021$(101,664)