XML 43 R31.htm IDEA: XBRL DOCUMENT v3.19.2
Derivatives and Hedging (Tables)
 9 Months Ended
Apr. 30, 2019
Investments, All Other Investments [Abstract]  
Schedule of Derivative Instruments
 
 
April 30, 2019
 
Cash Flow Hedges
 
Notional
 
 
Fair Value
of Assets
 
 
Fair Value in
Other Current
Liabilities
 
Foreign currency forward contracts
 
$
32,517
 
 
$
—  
 
 
$
820
 
Interest rate swap agreements
 
 
900,000
 
 
 
—  
 
 
 
4,873
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total derivative financial instruments
 
$
932,517
 
 
$
—  
 
 
$
5,693
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative Instruments, Gain (Loss)
The total amounts presented in the Consolidated Statements of Income and Comprehensive Income due to changes in the fair value of the following derivative instruments are as follows:
 
 
 
Three Months Ended
April 30, 2019
 
 
Nine Months Ended
April 30, 2019
 
Gain (Loss) on Derivatives
 
 
 
 
 
 
 
 
Designated as Cash Flow Hedges
 
 
 
 
 
 
 
 
Gain (Loss) recognized in Other Comprehensive Income, net of tax
 
 
 
 
 
 
 
 
Foreign currency forward contracts
 
$
(263
) 
 
$
(263
) 
Interest rate swap agreements
 
 
(3,764
) 
 
 
(3,764
) 
 
 
 
 
 
 
 
 
 
Total gain (loss)
 
$
(4,027
) 
 
$
(4,027
) 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
 
 
Nine Months Ended
 
 
 
April 30, 2019
 
 
April 30, 2019
 
 
 
 
 
 
Acquisition-
 
 
Interest
 
 
 
 
 
Acquisition-
 
 
Interest
 
 
 
Sales
 
 
Related Costs
 
 
Expense
 
 
Sales
 
 
Related Costs
 
 
Expense
 
Gain (Loss) Reclassified from AOCI, Net of Tax
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency forward contracts
 
$
(191
) 
 
$
—  
 
 
$
—  
 
 
$
(191
) 
 
$
—  
 
 
$
—  
 
Interest rate swap agreements
 
 
—  
 
 
 
—  
 
 
 
(55
) 
 
 
—  
 
 
 
—  
 
 
 
(55
) 
Gain (Loss) on Derivatives Not
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Designated as Hedging Instruments
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amount of gain (loss) recognized in income, net of tax
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency forward contracts
 
 
(160
) 
 
 
2,930
 
 
 
—  
 
 
 
(160
) 
 
 
(70,777
) 
 
 
—  
 
Interest rate swap agreements
 
 
—  
 
 
 
—  
 
 
 
132
 
 
 
—  
 
 
 
—  
 
 
 
132
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total gain (loss)
 
$
(351
) 
 
$
2,930
 
 
$
77
 
 
$
(351
) 
 
$
(70,777
) 
 
$
77