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LEASES (Tables)
 9 Months Ended
Apr. 30, 2020
Leases [Abstract]  
Assets and Liabilities, Lessee
Supplemental balance sheet information related to leases is as follows:
As of
April 30, 2020
(in thousands)
Operating leases:
Operating lease right-of-use assets, gross
$154,689  
Accumulated amortization
(22,170) 
Operating lease right-of-use assets, net
$132,519  
Operating lease liabilities—current
$34,371  
Operating lease liabilities—non-current
123,470  
Total operating lease liabilities
$157,841  
Weighted average remaining lease term (in years):
4.0
Weighted average discount rate:
5.3 %
Lease, Cost
Supplemental cash flow and other information related to leases is as follows:
Nine Months Ended April 30, 2020
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases
$30,593  
Lease liabilities arising from obtaining right-of-use assets:
Operating leases
$41,888  
Lessee, Operating Lease, Liability, Maturity
The undiscounted cash flows for our operating lease liabilities as of April 30, 2020 were as follows:
Fiscal Year Ending July 31:Amount
(in thousands)
2020 (remaining three months)$9,713  
202144,225  
202243,801  
202341,987  
202429,952  
Thereafter7,931  
Total lease payments177,609  
Less: imputed interest(19,768) 
Total lease obligation157,841  
Less: current lease obligations(34,371) 
Long-term lease obligations$123,470  
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  
202141,909  
202241,332  
202340,695  
202430,240  
Thereafter3,511  
Total$197,227