XML 56 R43.htm IDEA: XBRL DOCUMENT v3.23.3

Fair Value Measurements (Tables)

12 Months Ended

Jul. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Balance of Assets Measured at Fair Value on a Recurring Basis

The following table presents the balance of assets and liabilities measured at fair value on a recurring basis:

 Schedule of Balance of Assets Measured at Fair Value on a Recurring Basis

(in thousands)		Level 1				Level 2				Level 3				Total
July 31, 2023
Debt securities		$	31,038			$	11,376			$	—			$	42,414
Equity investments included in current assets			6,198				—				—				6,198
Equity investments included in noncurrent assets			—				2,500				1,263				3,763
TOTAL		$	37,236			$	13,876			$	1,263			$	52,375
Acquisition consideration included in:
Other current liabilities		$	—			$	—			$	(2,032	)		$	(2,032	)
Other noncurrent liabilities			—				—				(2,773	)			(2,773	)
TOTAL		$	—			$	—			$	(4,805	)		$	(4,805	)
July 31, 2022
Debt securities		$	13,734			$	8,569			$	—			$	22,303
Equity investments included in current assets			17,091				—				—				17,091
Equity investments included in noncurrent assets			—				1,730				1,132				2,862
TOTAL		$	30,825			$	10,299			$	1,132			$	42,256
Acquisition consideration included in:
Other current liabilities		$	—			$	—			$	(2,578	)		$	(2,578	)
Other noncurrent liabilities			—				—				(5,968	)			(5,968	)
TOTAL		$	—			$	—			$	(8,546	)		$	(8,546	)

Schedule of Assets Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3)

The following tables summarize the change in the balance of the Company’s assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3):

 Schedule of Assets Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3)

Year ended July 31, (in thousands)		2023				2022				2021
Balance, beginning of period		$	1,132			$	2,465			$	3,825
Purchase of Rafael Holdings, Inc. warrant			—				—				354
Exercise of Rafael Holdings, Inc. warrant			—				—				(380	)
Redemption for Visa mandatory release assessment			—				(1,230	)			(1,870	)
Total gains (losses) included in “Other (expense) income, net”			131				(103	)			536
BALANCE, END OF PERIOD		$	1,263			$	1,132			$	2,465
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the period		$	—			$	—			$	—

Schedule of Liabilities Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3)

The following tables summarize the change in the balance of the Company’s liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3):

 Schedule of Liabilities Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3)

Year ended July 31, (in thousands)		2023				2022				2021
Balance, beginning of period		$	8,546			$	1,025			$	396
Transfer into Level 3 from acquisitions			—				7,849				628
Payments			(2,494	)			—				—
Total (gain) loss included in:
“Other operating (expense) gain, net”			(1,349	)			(303	)			—
Interest expense included in “Interest income, net”			97				—				—
“Foreign currency translation adjustments”			5				(25	)			1
BALANCE, END OF PERIOD		$	4,805			$	8,546			$	1,025
Change in unrealized gains or losses for the period included in earnings for liabilities at the end of the period		$	—			$	—			$	—

X

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
-SubTopic 10
-Topic 820
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-3

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
-SubTopic 10
-Topic 820
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-3

+ Details

Name:	us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration