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LEASES (Tables) | 12 Months Ended
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Jul. 31, 2021
Leases [Abstract] |
Total Lease Cost | The composition of total lease cost is as follows:
|  |  | Years ended
| Consolidated Statement of Operations Classification |  | July 31, 2021 |  | July 25, 2020
Operating lease cost | Operating and administrative expense |  | $ | 37,677 |  |  | $ | 22,911 |
Finance lease cost |  |  |  |  |
Amortization of leased assets | Depreciation and amortization |  | 947 |  |  | 947 |
Interest on lease liabilities | Interest expense |  | 2,000 |  |  | 2,059 |
Variable lease cost | Operating and administrative expense |  | 19,479 |  |  | 16,473 |
Total lease cost |  |  | $ | 60,103 |  |  | $ | 42,390 |
Supplemental cash flow information related to leases is as follows:
|  | 2021 |  | 2020
Cash paid for amounts in the measurement of lease liabilities |  |  |  |
Operating cash flows from operating leases |  | $ | 34,768 |  |  | $ | 21,287 |
Operating cash flows from finance leases |  | 2,000 |  |  | 2,059 |
Financing cash flows from finance leases |  | 689 |  |  | 572 |
Operating Lease Maturity | Maturities of operating and finance lease liabilities, including options to extend lease terms that are reasonably certain of being exercised, are as follows as of July 31, 2021:
|  | Operating leases |  | Finance leases |  | Total
2022 |  | $ | 32,984 |  |  | $ | 2,470 |  |  | $ | 35,454 |
2023 |  | 35,988 |  |  | 2,689 |  |  | 38,677 |
2024 |  | 34,005 |  |  | 2,689 |  |  | 36,694 |
2025 |  | 32,563 |  |  | 2,820 |  |  | 35,383 |
2026 |  | 31,758 |  |  | 2,893 |  |  | 34,651 |
Thereafter |  | 214,944 |  |  | 26,187 |  |  | 241,131 |
Total lease payments |  | 382,242 |  |  | 39,748 |  |  | 421,990 |
Less amount representing interest |  | 82,480 |  |  | 16,892 |  |  | 99,372 |
Present value of lease liabilities |  | $ | 299,762 |  |  | $ | 22,856 |  |  | $ | 322,618 |
Finance Lease Maturity | Maturities of operating and finance lease liabilities, including options to extend lease terms that are reasonably certain of being exercised, are as follows as of July 31, 2021:
|  | Operating leases |  | Finance leases |  | Total
2022 |  | $ | 32,984 |  |  | $ | 2,470 |  |  | $ | 35,454 |
2023 |  | 35,988 |  |  | 2,689 |  |  | 38,677 |
2024 |  | 34,005 |  |  | 2,689 |  |  | 36,694 |
2025 |  | 32,563 |  |  | 2,820 |  |  | 35,383 |
2026 |  | 31,758 |  |  | 2,893 |  |  | 34,651 |
Thereafter |  | 214,944 |  |  | 26,187 |  |  | 241,131 |
Total lease payments |  | 382,242 |  |  | 39,748 |  |  | 421,990 |
Less amount representing interest |  | 82,480 |  |  | 16,892 |  |  | 99,372 |
Present value of lease liabilities |  | $ | 299,762 |  |  | $ | 22,856 |  |  | $ | 322,618 |
Lease Terms and Discount Rates | As of July 31, 2021, the Company's lease terms and discount rates are as follows:
| July 31, 2021 |  | July 25, 2020
Weighted-average remaining lease term (years) |  |  |
Operating leases | 12.5 |  | 13.3
Finance leases | 14.4 |  | 15.4
Weighted-average discount rate |  |  |
Operating leases | 3.9 | % |  | 3.9 | %
Finance leases | 8.5 | % |  | 8.5 | %

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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980 + Details
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