Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Apr. 30, 2022	Jul. 31, 2021
Current assets:
Cash and cash equivalents	$ 137,721	$ 129,785
Short-term investments	97,029	101,546
Inventory, net	213,004	212,294
Prepaid expenses and other current assets	58,504	50,512
Income tax receivable	27,561	27,667
Total current assets	533,819	521,804
Long-term investments	48,019	59,035
Income tax receivable, net of current portion	26,091	27,054
Property and equipment, net	104,923	86,959
Operating lease right-of-use assets	142,847	118,565
Other long-term assets	7,947	5,732
Total assets	863,646	819,149
Current liabilities:
Accounts payable	145,604	73,499
Operating lease liabilities	27,333	25,702
Accrued liabilities	112,985	99,028
Gift card liability	11,093	9,903
Deferred revenue	17,208	18,154
Other current liabilities	2,764	2,027
Total current liabilities	316,987	228,313
Operating lease liabilities, net of current portion	148,695	121,623
Other long-term liabilities	8,458	8,364
Total liabilities	474,140	358,300
Commitments and contingencies
Stockholders’ equity:
Additional paid-in capital	492,320	416,755
Accumulated other comprehensive (loss) income	(2,676)	3,411
(Accumulated deficit) Retained earnings	(70,098)	40,681
Treasury stock at cost (2,302,141 and 0 shares)	(30,042)	0
Total stockholders’ equity	389,506	460,849
Total liabilities and stockholders’ equity	863,646	819,149
Class A Common Stock
Stockholders’ equity:
Common stock, value	1	1
Class B Common Stock
Stockholders’ equity:
Common stock, value	$ 1	$ 1

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).