XML 26 R15.htm IDEA: XBRL DOCUMENT
v3.25.1

Fair Value Measurements | 9 Months Ended
--- | ---
Apr. 30, 2025
Fair Value Disclosures [Abstract] |
Fair Value Measurements | Fair Value Measurements The following table summarizes the carrying values and fair values of the Company’s financial instruments that were not carried at fair value in the consolidated balance sheets:
|  | April 30, 2025 |  | July 31, 2024
(In thousands) |  | Carrying Value Total |  | Fair Value Total |  | Carrying Value Total |  | Fair Value Total
Assets |  |  |  |  |  |  |  |
Cash equivalents |  | $ | 1,830,548 |  |  | $ | 1,835,819 |  |  | $ | 1,125,231 |  |  | $ | 1,127,275 |
Investment in held to maturity securities |  | 2,017,843 |  |  | 2,035,824 |  |  | 1,908,047 |  |  | 1,926,345 |
Total Assets |  | $ | 3,848,391 |  |  | $ | 3,871,643 |  |  | $ | 3,033,278 |  |  | $ | 3,053,620 |
The Company has investments in U.S. Treasury Bills some of which mature over a period greater than 90 days and are classified as short-term investments. The U.S. Treasury Bills are carried at amortized cost and classified as held to maturity as the Company has the intent and the ability to hold them until they mature. The carrying value of the U.S. Treasury Bills are adjusted for accretion of discounts over the remaining life of the investment. Income related to the Treasury Bills is recognized in interest income in the Company’s consolidated statement of income. The U.S. Treasury Bills are classified within Level I of the fair value hierarchy. During the nine months ended April 30, 2025, no transfers were made between any levels within the fair value hierarchy.

X
- Definition The entire disclosure for derivatives and fair value of assets and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 815 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/815/tableOfContent Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 820 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/820/tableOfContent + Details
Name: | us-gaap_DerivativesAndFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration