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Stockholder's Equity (Tables) | 12 Months Ended
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Jul. 31, 2025
Equity [Abstract] |
Schedule of Stock-Based Compensation | The table below sets forth the stock-based compensation recognized by the Company for stock options, restricted stock, restricted unit awards, and performance stock units:
|  | Year Ended July 31,
(In thousands) |  | 2025 |  | 2024 |  | 2023
General and administrative |  | $ | 29,897 |  |  | $ | 28,284 |  |  | $ | 32,747 |
Facility operations |  | 8,107 |  |  | 6,950 |  |  | 6,926 |
Total stock-based compensation |  | $ | 38,004 |  |  | $ | 35,234 |  |  | $ | 39,673 |
Schedule of BSM Option-Pricing Model | The BSM option-pricing model utilized the following assumptions:
|  | July 31, |
|  | 2025 |  | 2024 |  | 2023
Expected life (in years) |  | 5.0 |  | — |  | 5.7 |  |  | 5.0 |  | — |  | 6.3 |  |  | 5.0 |  | — |  | 6.3 |
Risk-free interest rate |  | 3.5 |  | % | — |  | 4.03 |  | % |  | 3.86 |  | % | — |  | 4.43 |  | % |  | 3.67 |  | % | — |  | 3.88 |  | %
Estimated volatility |  | 29.6 |  | % | — |  | 30.3 |  | % |  | 30.1 |  | % | — |  | 30.6 |  | % |  | 29.6 |  | % | — |  | 32.0 |  | %
Expected dividends |  | — |  | % |  | — |  | % |  | — |  | %
Weighted average fair value at measurement date |  | $ | 20.58 |  |  |  | $ | 9.93 |  |  |  | $ | 12.10 |  |
Schedule of Unvested Stock Options Awards and Activity | A summary of the status of the Company’s unvested stock options awards and activity during the year ended July 31, 2025 was as follows:
(In thousands, except per share amounts) |  | Shares |  | Weighted Average Grant- date Fair Value
Unvested shares at July 31, 2024 |  | 4,178 |  |  | $ | 9.80 |
Grants of non-vested shares |  | 159 |  |  | 20.58 |
Vested |  | (2,226) |  |  | 10.73 |
Forfeitures or expirations |  | (22) |  |  | 1.03 |
Unvested shares at July 31, 2025 |  | 2,089 |  |  | $ | 14.30 |
Schedule of Activity of Stock Options | The following is a summary of activity for the Company’s stock options for the year ended July 31, 2025:
(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, 2024 |  | 16,310 |  |  | $ | 18.60 |  |  | 4.34 |  | $ | 550,115 |
Grants of options |  | 159 |  |  | 58.34 |  |  |  |  |
Exercises |  | (3,961) |  |  | 10.79 |  |  |  |  |
Forfeitures or expirations |  | (21) |  |  | 4.41 |  |  |  |  |
Outstanding as of July 31, 2025 |  | 12,487 |  |  | $ | 21.61 |  |  | 3.87 |  | $ | 302,750 |
Exercisable as of July 31, 2025 |  | 11,069 |  |  | $ | 19.21 |  |  | 3.42 |  | $ | 291,821 |
Vested and expected to vest as of July 31, 2025 |  | 12,481 |  |  | $ | 21.61 |  |  | 3.87 |  | $ | 302,636 |
The following is a summary of activity for the Company’s stock option awards subject to market conditions for the year ended July 31, 2025:
(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, 2024 |  | 5,995 |  |  | $ | 24.70 |  |  | 6.47 |  | $ | 165,656 |
Grants of options |  | — |  |  | — |  |  |  |  |
Exercises |  | — |  |  | — |  |  |  |  |
Forfeitures or expirations |  | — |  |  | — |  |  |  |  |
Outstanding as of July 31, 2025 |  | 5,995 |  |  | $ | 24.70 |  |  | 5.47 |  | $ | 124,108 |
Exercisable as of July 31, 2025 |  | 5,302 |  |  | $ | 23.64 |  |  | 5.28 |  | $ | 115,169 |
Vested and expected to vest as of July 31, 2025 |  | 5,994 |  |  | $ | 24.70 |  |  | 5.47 |  | $ | 124,085 |
Schedule of Stock Options Outstanding and Exercisable | The following table summarizes stock options outstanding and exercisable as of July 31, 2025:
(In thousands, except per share amounts) |  | Options Outstanding |  | Options Exercisable
Range of Exercise Prices |  | Number |  | Weighted Average Remaining Contractual Life |  | Weighted Average Exercise Price |  | Number |  | Weighted Average Exercise Price
$4.76 | — | $8.7 |  | 1,876 |  |  | 1.59 |  | $ | 7.43 |  |  | 1,876 |  |  | $ | 7.43 |
$9.08 | — | $11.80 |  | 1,885 |  |  | 2.05 |  | 9.85 |  |  | 1,885 |  |  | 9.85 |
$14.57 | — | $31.22 |  | 9,938 |  |  | 4.32 |  | 20.79 |  |  | 9,613 |  |  | 20.58 |
$31.42 | — | $62.08 |  | 4,783 |  |  | 6.54 |  | 37.38 |  |  | 2,997 |  |  | 35.91 |
Outstanding as of July 31, 2025 |  | 18,482 |  |  | 4.39 |  | $ | 22.61 |  |  | 16,371 |  |  | $ | 20.65 |
Schedule of Activity for RSA’s, RSU’s and PSU’s | The following is a summary of activity for the Company’s RSAs, RSUs, ans PSUs for the for the year ended July 31, 2025:
(In thousands, except per share data) |  | Restricted and Performance Shares |  | Weighted Average Grant Date Fair Value
Outstanding as of July 31, 2024 |  | 1,873 |  |  | $ | 47.29 |
Grants |  | 250 |  |  | 51.51 |
Vested |  | (318) |  |  | 39.99 |
Forfeitures or expirations |  | (27) |  |  | 45.18 |
Outstanding as of July 31, 2025 |  | 1,778 |  |  | $ | 48.93 |

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