XML 23 R11.htm IDEA: XBRL DOCUMENT v3.23.1
Property and Equipment, Net
 9 Months Ended
Apr. 30, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following:
(In thousands)April 30, 2023July 31, 2022
Land$1,698,253 $1,526,446 
Buildings and improvements1,301,730 1,209,331 
Transportation and other equipment476,886 429,405 
Office furniture and equipment90,050 84,728 
Software86,828 78,216 
 3,653,747 3,328,126 
Less: Accumulated depreciation and amortization(942,814)(842,362)
Property and equipment, net$2,710,933 $2,485,764 
Depreciation expense on property and equipment was $35.5 million and $34.7 million for the three months ended April 30, 2023 and 2022, respectively, and $109.2 million and $96.0 million for the nine months ended April 30, 2023 and 2022, respectively.