Income Taxes |
9 Months Ended |
|---|---|
Apr. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | NOTE 10. INCOME TAXES The income tax provisions of $1.2 million and $16.8 million for the three and nine months ended April 30, 2025, respectively, primarily consisted of foreign taxes on our international operations and U.S. federal and state income taxes, partially offset by the tax benefits recognized related to the release of certain uncertain tax positions as a result of the expiration of the statute of limitations. The income tax provision of $9.2 million for the three months ended April 30, 2026 primarily consisted of foreign taxes on our international operations and U.S. federal and state income taxes. The income tax provision of $7.2 million for the nine months ended April 30, 2026 primarily consisted of foreign taxes on our international operations and U.S. federal and state income taxes, partially offset by the tax benefits recognized related to the release of certain uncertain tax positions as a result of the expiration of the statute of limitations. We continue to maintain a full valuation allowance against our U.S. federal and state deferred tax assets as of April 30, 2026. We will continue to maintain a full valuation allowance on our U.S. net deferred tax assets until there is sufficient evidence to support the reversal of all or some portion of this allowance. However, given our recent history of profitable operating results and current and anticipated future earnings, we believe that if current trends persist, there is a reasonable possibility that over the next several quarters, sufficient positive evidence may become available to allow us to reach the conclusion that a significant portion of the valuation allowance will no longer be needed. The release of all, or a portion of, the valuation allowance would result in the recognition of certain deferred tax assets and a decrease in income tax expense for the period the release is recorded. However, the exact timing and amount of the valuation allowance release are subject to significant judgment and our analysis of positive and negative factors. |