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Income Taxes
3 Months Ended
Oct. 31, 2023
Income Tax Disclosure [Abstract]  
Income Taxes

Note 18—Income Taxes

 

The Company’s income tax expense in the three months ended October 31, 2023 was based on an effective tax rate of 31.8% compared to 27.0% for fiscal 2023. The change in the estimated effective tax rate was mainly due to differences in the amount of taxable income earned in the various taxing jurisdictions.