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Income Taxes (Tables) | 12 Months Ended
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Jul. 31, 2020
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,
| 2020 | 2019
Deferred income tax liabilities: |  |
Fixed assets | $ | 216,016 |  | $ | 153,182 |
Intangible assets | 86,509 |  | 73,146 |
Operating lease right of use assets | 53,727 |  | — |
Other | 13,709 |  | 13,425 |
Total | 369,961 |  | 239,753 |
Deferred income tax assets: |  |
Canyons obligation | 14,997 |  | 13,922 |
Stock-based compensation | 10,313 |  | 9,620 |
Investment in Partnerships | 12,400 |  | 13,281 |
Deferred compensation and other accrued benefits | 9,918 |  | 10,674 |
Contingent Consideration | 4,468 |  | 6,771 |
Unfavorable lease obligation, net | 285 |  | 4,896 |
Net operating loss carryforwards and other tax credits | 13,205 |  | 5,631 |
Operating lease liabilities | 60,838 |  | — |
Other, net | 21,427 |  | 18,850 |
Total | 147,851 |  | 83,645 |
Valuation allowance for deferred income taxes | (5,330 | ) | (5,365 | )
Deferred income tax assets, net of valuation allowance | 142,521 |  | 78,280 |
Net deferred income tax liability | $ | 227,440 |  | $ | 161,473 |
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,
| 2020 | 2019
Deferred income tax asset | $ | 6,751 |  | $ | 7,286 |
Deferred income tax liability | 234,191 |  | 168,759 |
Net deferred income tax liability | $ | 227,440 |  | $ | 161,473 |
Components Of Provision (Benefit) For Income Taxes | Significant components of the provision (benefit) from income taxes are as follows (in thousands):
| Year Ended July 31,
| 2020 | 2019 | 2018
Current: |  |  |
Federal | $ | (13,467 | ) | $ | 24,309 |  | $ | (43,366 | )
State | (731 | ) | 8,539 |  | 9,562 |
Foreign | 4,141 |  | 20,205 |  | 18,436 |
Total current | (10,057 | ) | 53,053 |  | (15,368 | )
Deferred: |  |  |
Federal | 12,597 |  | 16,983 |  | (45,922 | )
State | 4,266 |  | 5,282 |  | 2,941 |
Foreign | 572 |  | 154 |  | (2,789 | )
Total deferred | 17,435 |  | 22,419 |  | (45,770 | )
Provision (benefit) from income taxes | $ | 7,378 |  | $ | 75,472 |  | $ | (61,138 | )
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block] | U.S. and foreign components of income before (provision) benefit from income taxes is as follows (in thousands):
| Year Ended July 31,
| 2020 | 2019 | 2018
U.S. | $ | 89,838 |  | $ | 306,323 |  | $ | 264,379 |
Foreign | 26,595 |  | 92,642 |  | 75,713 |
Income before income taxes | $ | 116,433 |  | $ | 398,965 |  | $ | 340,092 |
Reconciliation Of Effective Income Tax Rate And Effective Rate From Continuing Operation | A reconciliation of the income tax provision (benefit) 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,
| 2020 | 2019 | 2018
At U.S. federal income tax rate | 21.0 | % | 21.0 | % | 26.8 | %
State income tax, net of federal benefit | 3.5 | % | 2.8 | % | 3.0 | %
Change in uncertain tax positions | (3.8 | )% | (1.6 | )% | — | %
Change in valuation allowance | — | % | — | % | 0.3 | %
Excess tax benefits related to stock-based compensation | (7.1 | )% | (3.0 | )% | (20.9 | )%
Impacts of the Tax Act and other legislative changes | (3.2 | )% | — | % | (24.7 | )%
Noncontrolling interests | (2.4 | )% | (1.5 | )% | (1.7 | )%
Foreign rate differential | (2.4 | )% | 0.4 | % | (1.5 | )%
Other | 0.7 | % | 0.8 | % | 0.7 | %
Effective tax rate | 6.3 | % | 18.9 | % | (18.0 | )%
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,
| 2020 | 2019 | 2018
Balance, beginning of year | $ | 72,222 |  | $ | 78,242 |  | $ | 76,111 |
Additions for tax positions of prior years | 16,654 |  | 11,520 |  | 12,394 |
Lapse of statute of limitations | (18,577 | ) | (17,540 | ) | (10,263 | )
Balance, end of year | $ | 70,299 |  | $ | 72,222 |  | $ | 78,242 |

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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI http://asc.fasb.org/extlink&oid=84230637&loc=SL6600010-109319 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32718-109319 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32840-109319 + Details
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