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Leases, Codification Topic 842 (Tables) | 12 Months Ended
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Jul. 31, 2022
Leases [Abstract] |
Lease, Cost | The following table summarizes lease expense recognized during the years ended July 31, 2022, 2021 and 2020:
| Consolidated Statements of Income Location |  | July 31, 2022 |  | July 31, 2021 |  | July 31, 2020
Operating lease cost | Cost of goods sold |  | $ | 7,893 |  |  | $ | 8,268 |  |  | $ | 9,197 |
Operating lease cost | Selling, general, and administrative expenses |  | 9,822 |  |  | 8,625 |  |  | 8,974 |
Lessee, Operating Lease, Liability, Maturity | The following table summarizes the maturity of the Company's lease liabilities as of July 31, 2022:
Years ending July 31, | Operating Leases
2023 | $ | 16,002 |
2024 | 11,317 |
2025 | 5,632 |
2026 | 2,234 |
2027 | 679 |
Thereafter | 124 |
Total lease payments | $ | 35,988 |
Less: interest | (1,842) |
Present value of lease liabilities | $ | 34,146 |
Weighted-Average Lease Disclosures | The weighted average remaining lease terms and discount rates for the Company's operating leases as of July 31, 2022 and 2021 were as follows:
| July 31, 2022 |  | July 31, 2021
Weighted average remaining lease term (in years) | 2.7 |  | 3.0
Weighted average discount rate | 3.9 | % |  | 3.3 | %
Supplemental Cash Flow Information - Leases | Supplemental cash flow information related to the Company's operating leases during the years ended July 31, 2022 and 2021, were as follows:
| 2022 |  | 2021
Operating cash outflows from operating leases | $ | 19,005 |  |  | $ | 18,334 |
Operating lease assets obtained in exchange for new operating lease liabilities (1) | 7,607 |  |  | 16,522 |
(1) Includes new leases and remeasurements or modifications of existing leases.

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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 https://asc.fasb.org/extlink&oid=128292326&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 https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
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