Income Taxes |
9 Months Ended |
|---|---|
Apr. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | NOTE 7 – Income Taxes The Company’s effective income tax rates were 19.4% and 18.6% for the nine months ended April 30, 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 $1.7 million and $6.3 million for the three months ended April 30, 2026 and 2025, respectively, and $7.5 million and $34.8 million for the nine months ended April 30, 2026 and 2025, respectively. |