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Basis of Presentation (Policies)
3 Months Ended
Oct. 31, 2025
Accounting Policies [Abstract]  
Reclassifications

Reclassifications

 

During the three months ended October 31, 2025, the Company reclassified certain prepaid expenses to accounts receivable. In the condensed consolidated balance sheet at July 31, 2025, $2.1 million previously included in “Prepaid expenses” was reclassified to “Trade accounts receivable,” and in the condensed consolidated statements of cash flows for the three months ended October 31, 2024, cash provided by “Settlement assets, disbursement prefunding, prepaid expenses, other current assets, and other assets” of $0.9 million, was reclassified to cash provided by “Trade Accounts Receivable”. The corresponding amounts in prior periods were reclassified to conform to the current year’s presentation.

 

Recently Adopted Accounting Standard

Recently Adopted Accounting Standard

 

In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2023-09, Income Taxes (Topic 740), Improvements to Income Tax Disclosures, which enhances income tax disclosures primarily related to the rate reconciliation and income taxes paid information. This guidance also includes certain other amendments to improve the effectiveness of income tax disclosures.

 

The adoption of this update will be applied on a prospective basis and will require the Company to expand its income tax disclosures beginning with its fiscal 2026 Form 10-K, which includes further disaggregation of the income tax expense into federal, state, and foreign categories, enhanced detail in the effective tax rate reconciliation, and disclosure of income taxes paid by significant jurisdictions.