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LEASES (Tables)
3 Months Ended
Oct. 31, 2020
Leases [Abstract]  
Assets and Liabilities, Lessee
Supplemental balance sheet information related to leases is as follows:
As of
October 31, 2020
(in thousands)
Operating leases:
Operating lease right-of-use assets, gross
$166,922 
Impairment
(2,382)
Accumulated amortization
(37,998)
Operating lease right-of-use assets, net
$126,542 
Operating lease liabilities—current
$41,080 
Operating lease liabilities—non-current
113,491 
Total operating lease liabilities
$154,571 
Weighted average remaining lease term (in years):
3.6
Weighted average discount rate:
5.3 %
Lease, Cost
Supplemental cash flow and other information related to leases is as follows:
Three Months Ended
October 31,
20192020
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases
$8,750 $9,976 
Lease liabilities arising from obtaining right-of-use assets:
Operating leases
$12,969 $9,918 
Lessee, Operating Lease, Liability, Maturity
The undiscounted cash flows for our operating lease liabilities as of October 31, 2020 were as follows:
Fiscal Year Ending July 31:Amount
(in thousands)
2021$36,153 
202247,715 
202346,281 
202431,828 
20256,174 
Thereafter3,798 
Total lease payments171,949 
Less: imputed interest(17,378)
Total lease obligation154,571 
Less: current lease obligations(41,080)
Long-term lease obligations$113,491