v3.25.2
Property, Plant, and Equipment
12 Months Ended
Jul. 31, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment

Note 9—Property, Plant, and Equipment

 

Property, plant, and equipment consist of the following:

  

July 31 (in thousands)  2025   2024 
Equipment  $45,879   $45,881 
Computer software   194,339    181,081 
Leasehold improvements   1,837    1,635 
Furniture and fixtures   695    730 
Property, plant and equipment, gross    242,750    229,327 
Less accumulated depreciation and amortization   (203,881)    (190,675)
Property, plant, and equipment, net  $

38,869

   $38,652 

 

The Company reduced its gross property, plant, and equipment and accumulated depreciation and amortization by $6.1 million and $4.6 million in fiscal 2025 and fiscal 2024, 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 $19.5 million, $19.1 million, and $18.6 million in fiscal 2025, fiscal 2024, and fiscal 2023, 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.