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Property and Equipment, Net
 12 Months Ended
Jul. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following:
July 31,
(In thousands)20242023
Land$2,027,639 $1,812,001 
Buildings and improvements1,482,891 1,339,820 
Transportation and other equipment604,977 490,136 
Office furniture and equipment97,576 91,031 
Software105,001 89,575 
 4,318,084 3,822,563 
Less: Accumulated depreciation and amortization(1,142,246)(978,224)
Property and equipment, net$3,175,838 $2,844,339 
Depreciation expense on property and equipment was $167.7 million, $139.9 million and $121.3 million for the years ended July 31, 2024, 2023, and 2022, respectively. Amortization expense of software was $8.6 million, $7.2 million, and $9.2 million for the years ended July 31, 2024, 2023 and 2022, respectively.