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Income Taxes (Tables)

12 Months Ended

Jul. 31, 2017

Income Tax Disclosure [Abstract]

Components Of Deferred Tax Liabilities And Assets

Significant components of the Company’s deferred tax liabilities and assets are as follows (in thousands):

	July 31,
	2017			2016
Deferred income tax liabilities:
Fixed assets	$	180,480		$	180,267
Intangible assets	65,614			59,009
Other	31,191			7,933
Total	277,285			247,209
Deferred income tax assets:
Canyons obligation	19,276			18,984
Stock-based compensation	17,862			17,287
Investment in Partnerships	17,511			8,108
Deferred compensation and other accrued benefits	15,215			17,426
Contingent Consideration	10,472			4,244
Unfavorable lease obligation, net	9,542			10,904
Net operating loss carryforwards and other tax credits	12,783			8,268
Other, net	19,468			35,635
Total	122,129			120,856
Valuation allowance for deferred income taxes	(6,955		)	(3,641		)
Deferred income tax assets, net of valuation allowance	115,174			117,215
Net deferred income tax liability	$	162,111		$	129,994

Balance Sheet Summary of Deferred Tax Assets and Liabilities [Table Text Block]

The components of deferred income taxes recognized in the Consolidated Balance Sheets are as follows (in thousands):

	July 31,
	2017			2016
Non-current deferred income tax asset	$	9,331		$	—
Net non-current deferred income tax liability	171,442			129,994
Net deferred income tax liability	$	162,111		$	129,994

Components Of Provision (Benefit) For Income Taxes

Significant components of the provision for income taxes are as follows (in thousands):

	Year Ended July 31,
	2017			2016			2015
Current:
Federal	$	55,887		$	70,553		$	12,668
State	8,096			10,555			5,501
Foreign	16,311			4,431			3,581
Total current	80,294			85,539			21,750
Deferred:
Federal	29,065			7,603			11,534
State	3,601			1,051			1,623
Foreign	3,771			(1,028		)	(189		)
Total deferred	36,437			7,626			12,968
Provision for income taxes	$	116,731		$	93,165		$	34,718

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

U.S. and foreign components of income before provision for income taxes is as follows (in thousands):

	Year Ended July 31,
	2017			2016			2015
U.S.	$	251,478		$	231,756		$	142,190
Foreign	96,971			10,863			7,138
Income before income taxes	$	348,449		$	242,619		$	149,328

Reconciliation Of Effective Income Tax Rate And Effective Rate From Continuing Operation

A reconciliation of the income tax provision from continuing operations and the amount computed by applying the United States federal statutory income tax rate to income before income taxes is as follows:

	Year Ended July 31,
	2017		2016		2015
At U.S. federal income tax rate	35.0	%	35.0	%	35.0	%
State income tax, net of federal benefit	2.2	%	3.1	%	3.2	%
IRS settlement on NOL utilization	—	%	—	%	(16.0	)%
Change in valuation allowance	0.9	%	0.1	%	0.5	%
Noncontrolling interests	(2.1	)%	—	%	—	%
Foreign rate differential	(1.8	)%	(0.2	)%	—	%
Other	(0.7	)%	0.4	%	0.5	%
Effective tax rate	33.5	%	38.4	%	23.2	%

Reconciliation Of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits associated with uncertain tax positions, excluding associated deferred tax benefits and accrued interest and penalties, if applicable, is as follows (in thousands):

	Year Ended July 31,
	2017			2016			2015
Balance, beginning of year	$	57,032		$	38,572		$	46,973
Additions based on tax positions related to the current year	—			—			—
Additions for tax positions of prior years	19,079			18,460			17,443
Reductions for tax positions of prior years	—			—			(21,574		)
Lapse of statute of limitations	—			—			—
Settlements	—			—			(4,270		)
Balance, end of year	$	76,111		$	57,032		$	38,572

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

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