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Property, Plant, and Equipment
 12 Months Ended
Jul. 31, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment

Note 10—Property, Plant, and Equipment

 

Property, plant, and equipment consist of the following:

 

July 31

(in thousands)

  2024   2023 
Equipment  $45,881   $43,704 
Computer software   181,081    169,070 
Leasehold improvements   1,635    1,760 
Furniture and fixtures   730    699 
Property, plant and equipment, gross   229,327    215,233 
Less accumulated depreciation and amortization   (190,675)   (176,578)
Property, plant, and equipment, net  $38,652   $38,655 

 

The Company reduced its gross property, plant, and equipment and accumulated depreciation and amortization by $4.6 million and $4.2 million in fiscal 2024 and fiscal 2023, respectively, for property, plant, and equipment that was fully depreciated and no longer in service.

 

Depreciation and amortization expense of property, plant, and equipment was $19.1 million, $18.6 million, and $16.8 million in fiscal 2024, fiscal 2023, and fiscal 2022, respectively.

 

In fiscal 2023, the Company recorded an expense of $0.1 million for telephone equipment that was taken out of service, which was included in “Other operating expense, net” in the accompanying consolidated statements of income.