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Property and Equipment, Net
6 Months Ended
Jan. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following:
(In thousands)January 31, 2023July 31, 2022
Land$1,647,906 $1,526,446 
Buildings and improvements1,288,499 1,209,331 
Transportation and other equipment459,597 429,405 
Office furniture and equipment86,091 84,728 
Software84,054 78,216 
 3,566,147 3,328,126 
Less: Accumulated depreciation and amortization(909,874)(842,362)
Property and equipment, net$2,656,273 $2,485,764 
Depreciation expense on property and equipment was $36.5 million and $31.4 million for the three months ended January 31, 2023 and 2022, respectively, and $73.7 million and $61.3 million for the six months ended January 31, 2023 and 2022, respectively.