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Income Taxes (Tables)

12 Months Ended

Jul. 31, 2021

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,
			2021			2020
Deferred income tax liabilities:
Fixed assets			$	204,714		$	216,016
Intangible assets			100,751			86,509
Operating lease right of use assets			47,915			53,727
Convertible debt			23,783			—
Other			15,116			13,709
Total			392,279			369,961
Deferred income tax assets:
Canyons obligation			16,080			14,997
Stock-based compensation			10,335			10,313
Investment in Partnerships			7,585			12,400
Deferred compensation and other accrued benefits			13,887			9,918
Contingent Consideration			7,430			4,468
Net operating loss carryforwards and other tax credits			12,182			13,205
Operating lease liabilities			53,755			60,838
Other, net			27,206			21,712
Total			148,460			147,851
Valuation allowance for deferred income taxes			(5,939)			(5,330)
Deferred income tax assets, net of valuation allowance			142,521			142,521
Net deferred income tax liability			$	249,758		$	227,440

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,
			2021			2020
Deferred income tax asset			$	3,059		$	6,751
Deferred income tax liability			252,817			234,191
Net deferred income tax liability			$	249,758		$	227,440

Components Of Provision (Benefit) For Income Taxes

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

			Year Ended July 31,
			2021			2020			2019
Current:
Federal			$	20,387		$	(13,467)		$	24,309
State			4,935			(731)			8,539
Foreign			(8,460)			4,141			20,205
Total current			16,862			(10,057)			53,053
Deferred:
Federal			(16,289)			12,597			16,983
State			(2,423)			4,266			5,282
Foreign			2,576			572			154
Total deferred			(16,136)			17,435			22,419
Provision for income taxes			$	726		$	7,378		$	75,472

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

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

			Year Ended July 31,
			2021			2020			2019
U.S.			$	148,898		$	89,838		$	306,323
Foreign			(23,715)			26,595			92,642
Income before income taxes			$	125,183		$	116,433		$	398,965

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

A reconciliation of the income tax provision for 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,
			2021			2020			2019
At U.S. federal income tax rate			21.0		%	21.0		%	21.0		%
State income tax, net of federal benefit			4.2		%	3.5		%	2.8		%
Change in uncertain tax positions			(3.5)		%	(3.8)		%	(1.6)		%
Excess tax benefits related to stock-based compensation			(14.3)		%	(7.1)		%	(3.0)		%
Impacts of the Tax Act and other legislative changes			—		%	(3.2)		%	—		%
Noncontrolling interests			0.8		%	(2.4)		%	(1.5)		%
Foreign rate differential			(5.0)		%	(2.4)		%	0.4		%
Taxes related to prior year filings			(2.9)		%	—		%	—		%
Other			0.3		%	0.7		%	0.8		%
Effective tax rate			0.6		%	6.3		%	18.9		%

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,
			2021			2020			2019
Balance, beginning of year			$	70,299		$	72,222		$	78,242
Additions for tax positions of prior years			16,754			16,654			11,520
Lapse of statute of limitations			(19,196)			(18,577)			(17,540)
Balance, end of year			$	67,857		$	70,299		$	72,222

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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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