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Derivatives and Hedging (Tables) | 6 Months Ended
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Jan. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Derivative Instruments, Gain (Loss) | The total amounts presented in the Condensed Consolidated Statements of Income and Comprehensive Income due to changes in the fair value of the derivative instruments are as follows:
|  | Three Months Ended January 31,
|  | 2024 |  | 2023
Gain (Loss) on Derivatives Designated as Cash Flow Hedges |  |  |  |
Gain (Loss) recognized in Other Comprehensive Income, net of tax |  |  |  |
Interest rate swap agreements (1) |  | $ | — |  |  | $ | (661) |
Total gain (loss) |  | $ | — |  |  | $ | (661) |
(1)Other comprehensive income (loss), net of tax, before reclassification from accumulated other comprehensive income (“AOCI”) was $0 and $(136) for the three months ended January 31, 2024 and 2023, respectively.
|  | Six Months Ended January 31,
|  | 2024 |  | 2023
Gain (Loss) on Derivatives Designated as Cash Flow Hedges |  |  |  |
Gain (Loss) recognized in Other Comprehensive Income, net of tax |  |  |  |
Interest rate swap agreements (2) |  | $ | — |  |  | $ | 85 |
Total gain (loss) |  | $ | — |  |  | $ | 85 |
(2)Other comprehensive income (loss), net of tax, before reclassification from AOCI was $0 and $718 for the six months ended January 31, 2024 and 2023, respectively.
|  | Three Months Ended January 31,
|  | 2024 |  | 2023
|  |  |  |  | Interest |  |  |  |  | Interest
|  | Sales |  |  | Expense |  | Sales |  |  | Expense
Gain (Loss) Reclassified from AOCI, Net of Tax |  |  |  |  |  |  |  |  |  |
Interest rate swap agreements |  | $ | — |  |  |  | $ | — |  |  | $ | — |  |  |  | $ | 525 |
Gain (Loss) on Derivatives Not Designated as Hedging Instruments |  |  |  |  |  |  |  |  |  |
Gain (loss) recognized in income, net of tax |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts |  | (236) |  |  |  | — |  |  | 1,118 |  |  |  | — |
Commodities swap agreements |  | — |  |  |  | — |  |  | (1,567) |  |  |  | — |
Interest rate swap agreements |  | — |  |  |  | (205) |  |  | — |  |  |  | (83) |
Total gain (loss) |  | $ | (236) |  |  |  | $ | (205) |  |  | $ | (449) |  |  |  | $ | 442 |
|  | Six Months Ended January 31,
|  | 2024 |  | 2023
|  |  |  |  | Interest |  |  |  |  | Interest
|  | Sales |  |  | Expense |  | Sales |  |  | Expense
Gain (Loss) Reclassified from AOCI, Net of Tax |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts |  | $ | — |  |  |  | $ | — |  |  | $ | (58) |  |  |  | $ | — |
Interest rate swap agreements |  | — |  |  |  | — |  |  | — |  |  |  | 633 |
Gain (Loss) on Derivatives Not Designated as Hedging Instruments |  |  |  |  |  |  |  |  |  |
Gain (loss) recognized in income, net of tax |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts |  | (75) |  |  |  | — |  |  | 1,946 |  |  |  | — |
Commodities swap agreements |  | — |  |  |  | — |  |  | (2,229) |  |  |  | — |
Interest rate swap agreements |  | — |  |  |  | (139) |  |  | — |  |  |  | 171 |
Total gain (loss) |  | $ | (75) |  |  |  | $ | (139) |  |  | $ | (341) |  |  |  | $ | 804 |

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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4E Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4A + Details
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