Income Taxes |
6 Months Ended |
|---|---|
Jan. 31, 2026 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | NOTE 7 – Income Taxes The Company’s effective income tax rates were 19.0% and 18.2% for the six months ended January 31, 2026 and 2025, respectively, which differs from the U.S. statutory rate of 21% primarily due to state income taxes, deduction for Foreign Derived Intangible Income, and excess tax benefits associated with equity-based compensation. The recognition of excess tax benefits from the exercise of employee stock options was $3.0 million and $23.7 million for the three months ended January 31, 2026 and 2025, respectively, and $5.9 million and $28.3 million for the six months ended January 31, 2026 and 2025, respectively. |