Stock-Based Compensation (Tables)

3 Months Ended

Oct. 31, 2022

Option activity was as follows:


	Options	Weighted Average Exercise Price
Balance outstanding as of July 31, 2022	6,927,161	$	46.32
Granted	875,900	50.89
Exercised	(175,631)	36.60
Expired/forfeited	(27,660)	53.69
Balance outstanding as of October 31, 2022	7,599,770	$	47.04

Performance-based awards for non-vested activity were as follows:


	Performance Shares	Weighted Average Grant Date Fair Value
Balance outstanding as of July 31, 2022	188,206	$	52.20
Granted	113,100	50.89
Vested	—	—
Forfeited	—	—
Balance outstanding as of October 31, 2022	301,306	$	51.71