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Leases, Codification Topic 842 (Tables) | 12 Months Ended
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Jul. 31, 2020 | Jul. 31, 2019
Leases [Abstract] |  |
Lease, Cost | The following table summarizes lease expense recognized for the fiscal year ended July 31, 2020:
| Consolidated Statements of Income Location |  | 2020
Operating lease cost | Cost of goods sold |  | $ | 9,197 |
Operating lease cost | Selling, general, and administrative expenses |  | 8,974 |
Lessee, Operating Lease, Liability, Maturity | The following table summarizes the maturity of the Company's lease liabilities as of July 31, 2020:
Years ended July 31, | Operating Leases
2021 | $ | 16,684 |
2022 | 14,703 |
2023 | 9,819 |
2024 | 5,677 |
2025 | 2,413 |
Thereafter | 955 |
Total lease payments | $ | 50,251 |
Less: interest | (2,965) |
Present value of lease liabilities | $ | 47,286 |
Weighted-Average Lease Disclosures | The weighted average remaining lease terms and discount rates for the Company's operating leases as of July 31, 2020 were as follows:
| July 31, 2020
Weighted average remaining lease term (in years) | 3.5
Weighted average discount rate | 3.5 | %
Schedule of Future Minimum Rental Payments for Operating Leases |  | The following table summarizes future minimum lease payments under operating leases as of July 31, 2019:
Years ended July 31, | Operating Leases
2020 | $ | 18,450 |
2021 | 16,132 |
2022 | 13,439 |
2023 | 10,065 |
2024 | 5,656 |
Thereafter | 3,502 |
Total future minimum lease payments | $ | 67,244 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121573735&loc=d3e41502-112717 + Details
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