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Income Taxes (Tables)

12 Months Ended

Jul. 31, 2024

Income Tax Disclosure [Abstract]

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

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

			Year Ended July 31,
			2024			2023			2022
U.S.			$	225,408		$	217,971		$	387,729
Foreign			119,687			155,546			69,432
Income before income taxes			$	345,095		$	373,517		$	457,161

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,
			2024			2023
Deferred income tax liabilities:
Fixed assets			$	200,197		$	211,995
Intangible assets			160,002			143,402
Operating lease right of use assets			61,730			45,913
Other			18,774			22,115
Total			440,703			423,425
Deferred income tax assets:
Canyons obligation			18,813			18,631
Stock-based compensation			9,110			9,370
Investment in Partnerships			5,097			10,430
Deferred compensation and other accrued benefits			11,339			11,099
Contingent Consideration			25,251			18,423
Net operating loss carryforwards and other tax credits			20,082			14,864
Operating lease liabilities			64,550			48,953
Other, net			25,892			28,988
Total			180,134			160,758
Valuation allowance for deferred income taxes			(15,553)			(9,603)
Deferred income tax assets, net of valuation allowance			164,581			151,155
Net deferred income tax liability			$	276,122		$	272,270

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

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

			July 31,
			2024			2023
Deferred income tax asset			$	3,693		$	3,867
Deferred income tax liability			279,815			276,137
Net deferred income tax liability			$	276,122		$	272,270

Components Of Provision (Benefit) For Income Taxes

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

			Year Ended July 31,
			2024			2023			2022
Current:
Federal			$	44,759		$	17,473		$	62,974
State			10,550			6,759			13,938
Foreign			31,412			40,117			21,302
Total current			86,721			64,349			98,214
Deferred:
Federal			6,764			23,813			(6,910)
State			(461)			1,372			1,966
Foreign			5,792			(1,120)			(4,446)
Total deferred			12,095			24,065			(9,390)
Provision for income taxes			$	98,816		$	88,414		$	88,824

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,
			2024			2023			2022
At U.S. federal income tax rate			21.0		%	21.0		%	21.0		%
State income tax, net of federal benefit			2.9		%	2.2		%	3.8		%
Change in uncertain tax positions			0.1		%	(1.5)		%	(1.2)		%
Stock-based compensation			0.3		%	0.7		%	(3.6)		%
Foreign partnership basis adjustment			1.4		%	—		%	—		%
Noncontrolling interests			(1.0)		%	(1.0)		%	(1.2)		%
Foreign taxes			3.6		%	3.2		%	0.1		%
Other			0.3		%	(0.9)		%	0.5		%
Effective tax rate			28.6		%	23.7		%	19.4		%

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,
			2024			2023			2022
Balance, beginning of year			$	51,680		$	62,909		$	67,857
Additions for tax positions of prior years			10,866			11,025			11,179
Lapse of statute of limitations			(11,558)			(22,254)			(16,127)
Balance, end of year			$	50,988		$	51,680		$	62,909

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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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