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Stock-Based Compensation (Tables)
3 Months Ended
Oct. 31, 2021
Share-based Payment Arrangement, Noncash Expense [Abstract]  
Summary of stock option activity
Option activity was as follows:
OptionsWeighted
Average
Exercise Price
Balance outstanding as of July 31, 20216,444,743 $44.05 
Granted834,105 59.40 
Exercised(70,555)38.41 
Canceled/forfeited(9,131)50.21 
Balance outstanding as of October 31, 20217,199,162 $45.88 
Schedule of performance shares activity
Performance-based award for non-vested activity was as follows:
Performance SharesWeighted
Average Grant
Date Fair
Value
Balance outstanding as of July 31, 2021200,567 $48.76 
Granted88,400 59.40 
Vested— — 
Canceled— — 
Balance outstanding as of October 31, 2021288,967 $52.02