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LEASES (Tables)
6 Months Ended
Jan. 31, 2020
Leases [Abstract]  
Assets and Liabilities, Lessee
Supplemental balance sheet information related to leases is as follows:
 
As of
January 31, 2020
 
(in thousands)
Operating leases:
 
Operating lease right-of-use assets, gross
$
151,975

Impairment
(1,756
)
Accumulated amortization
(14,539
)
Operating lease right-of-use assets, net
$
135,680

 
 
Operating lease liabilities—current
$
31,668

Operating lease liabilities—non-current
129,420

Total operating lease liabilities
$
161,088

 
 
Weighted average remaining lease term (in years):
4.3

Weighted average discount rate:
5.4
%

Lease, Cost
Supplemental cash flow and other information related to leases is as follows:
 
Six Months Ended January 31, 2020
 
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
 
Operating cash flows from operating leases
$
21,436

 
 
Lease liabilities arising from obtaining right-of-use assets:
 
Operating leases
$
36,389


Lessee, Operating Lease, Liability, Maturity
The undiscounted cash flows for our operating lease liabilities as of January 31, 2020 were as follows:
Fiscal Year Ending July 31:
Amount
 
(in thousands)
2020 (remaining six months)
$
17,998

2021
43,636

2022
42,655

2023
40,854

2024
29,849

Thereafter
8,473

Total lease payments
183,465

Less: imputed interest
(22,377
)
Total lease obligation
161,088

Less: current lease obligations
31,668

Long-term lease obligations
$
129,420


Schedule of Future Minimum Rental Payments for Operating Leases
As previously disclosed in our Annual Report on Form 10-K for the fiscal year ended July 31, 2019, the following table summarizes the future minimum payments due under our operating leases as of July 31, 2019, reported under ASC 840:
Fiscal Year Ending July 31:
Amount
 
(in thousands)
2020
$
39,540

2021
41,909

2022
41,332

2023
40,695

2024
30,240

Thereafter
3,511

Total
$
197,227