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Stock-based Compensation (Tables) | 9 Months Ended
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Apr. 30, 2022
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 nine months ended April 30, 2022:
(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, 2021 |  | 6,427 |  |  | $ | 50.69 |  |  | 5.69 |  | $ | 619,019 |
Grants of options |  | 340 |  |  | 133.96 |  |  |  |  |
Exercises |  | (525) |  |  | 30.67 |  |  |  |  |
Forfeitures or expirations |  | (165) |  |  | 56.11 |  |  |  |  |
Outstanding as of April 30, 2022 |  | 6,077 |  |  | $ | 56.93 |  |  | 5.48 |  | $ | 351,978 |
Exercisable as of April 30, 2022 |  | 4,429 |  |  | $ | 44.46 |  |  | 4.59 |  | $ | 308,452 |
The following is a summary of activity for the Company’s stock option awards subject to market conditions for the nine months ended April 30, 2022:
(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, 2021 |  | 1,130 |  |  | $ | 87.49 |  |  | 8.96 |  | $ | 67,250 |
Grants of options |  | 325 |  |  | 125.68 |  |  |  |  |
Exercises |  | — |  |  | — |  |  |  |  |
Forfeitures or expirations |  | — |  |  | — |  |  |  |  |
Outstanding as of April 30, 2022 |  | 1,455 |  |  | $ | 96.02 |  |  | 8.59 |  | $ | 29,564 |
Exercisable as of April 30, 2022 |  | 395 |  |  | $ | 86.56 |  |  | 8.17 |  | $ | 10,697 |
Recognized stock-based compensation expense | The table below sets forth the stock-based compensation recognized by the Company for stock options, restricted stock, and restricted unit awards:
|  | Three Months Ended April 30, |  | Nine Months Ended April 30,
(In thousands) |  | 2022 |  | 2021 |  | 2022 |  | 2021
General and administrative |  | $ | 8,401 |  |  | $ | 7,966 |  |  | $ | 25,119 |  |  | $ | 22,399 |
Yard operations |  | 1,417 |  |  | 1,401 |  |  | 3,813 |  |  | 4,746 |
Total stock-based compensation |  | $ | 9,818 |  |  | $ | 9,367 |  |  | $ | 28,932 |  |  | $ | 27,145 |
Share based payment arrangement restricted stock and restricted stock unit activity | The following is a summary of activity for the Company’s RSA’s and RSU’s for the nine months ended April 30, 2022:
(In thousands, except per share data) |  | Restricted Shares |  | Weighted Average Grant Date Fair Value
Outstanding as of July 31, 2021 |  | 102 |  |  | $ | 90.46 |
Grants |  | 141 |  |  | 133.60 |
Vested |  | (22) |  |  | 74.24 |
Forfeitures or expirations |  | (13) |  |  | 107.05 |
Outstanding as of April 30, 2022 |  | 208 |  |  | $ | 120.50 |

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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.F) -URI http://asc.fasb.org/extlink&oid=122041274&loc=d3e301413-122809 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
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