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Fair Value Measurements (Tables) | 9 Months Ended
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Apr. 30, 2024
Fair Value Disclosures [Abstract] |
Summary Of Cash Equivalents Measured At Fair Value | The table below summarizes the Company’s cash equivalents, restricted cash, other current assets, interest rate swaps and Contingent Consideration (defined below) measured at estimated fair value (all other assets and liabilities measured at fair value are immaterial) (in thousands).
|  | Estimated Fair Value Measurement as of April 30, 2024
Description |  | Total |  | Level 1 |  | Level 2 |  | Level 3
Assets: |  |  |  |  |  |  |  |
Money Market |  | $ | 114,570 |  |  | $ | 114,570 |  |  | $ | — |  |  | $ | — |
Commercial Paper |  | $ | 2,401 |  |  | $ | — |  |  | $ | 2,401 |  |  | $ | — |
Certificates of Deposit |  | $ | 136,533 |  |  | $ | — |  |  | $ | 136,533 |  |  | $ | — |
Interest Rate Swaps |  | $ | 6,268 |  |  | $ | — |  |  | $ | 6,268 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |  |
Contingent Consideration |  | $ | 99,200 |  |  | $ | — |  |  | $ | — |  |  | $ | 99,200 |
|  | Estimated Fair Value Measurement as of July 31, 2023
Description |  | Total |  | Level 1 |  | Level 2 |  | Level 3
Assets: |  |  |  |  |  |  |  |
Money Market |  | $ | 170,872 |  |  | $ | 170,872 |  |  | $ | — |  |  | $ | — |
Commercial Paper |  | $ | 2,401 |  |  | $ | — |  |  | $ | 2,401 |  |  | $ | — |
Certificates of Deposit |  | $ | 144,365 |  |  | $ | — |  |  | $ | 144,365 |  |  | $ | — |
Interest Rate Swaps |  | $ | 17,229 |  |  | $ | — |  |  | $ | 17,229 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |  |
Contingent Consideration |  | $ | 73,300 |  |  | $ | — |  |  | $ | — |  |  | $ | 73,300 |
|  | Estimated Fair Value Measurement as of April 30, 2023
Description |  | Total |  | Level 1 |  | Level 2 |  | Level 3
Assets: |  |  |  |  |  |  |  |
Money Market |  | $ | 519,010 |  |  | $ | 519,010 |  |  | $ | — |  |  | $ | — |
Commercial Paper |  | $ | 2,401 |  |  | $ | — |  |  | $ | 2,401 |  |  | $ | — |
Certificates of Deposit |  | $ | 107,590 |  |  | $ | — |  |  | $ | 107,590 |  |  | $ | — |
Interest Rate Swaps |  | $ | 16,707 |  |  | $ | — |  |  | $ | 16,707 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |  |
Contingent Consideration |  | $ | 71,100 |  |  | $ | — |  |  | $ | — |  |  | $ | 71,100 |
The Company’s cash equivalents, restricted cash, other current assets and interest rate swaps are measured utilizing quoted market prices or pricing models whereby all significant inputs are either observable or corroborated by observable market data. The estimated fair value of the interest rate swaps are included within other current assets on the Company’s Consolidated Condensed Balance Sheet as of April 30, 2024 and included within other assets as of July 31, 2023 and April 30, 2023. The changes in Contingent Consideration during the nine months ended April 30, 2024 and 2023 were as follows (in thousands):
Balance as of July 31, 2023 and 2022, respectively |  | $ | 73,300 |  |  | $ | 42,400 |
Payments |  | (17,057) |  |  | (18,936) |
Change in estimated fair value |  | 42,957 |  |  | 47,636 |
Balance as of April 30, 2024 and 2023, respectively |  | $ | 99,200 |  |  | $ | 71,100 |

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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb) -SubTopic 10 -Topic 820 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
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