Long-Term Debt |
9 Months Ended |
|---|---|
Apr. 30, 2026 | |
| Debt Disclosure [Abstract] | |
| Long-Term Debt | Note 7. Long-Term Debt As of April 30, 2026, there was $571.6 million available and $20.0 million outstanding on the Company’s $600.0 million unsecured revolving credit facility that expires on June 12, 2030. Certain debt agreements contain financial covenants related to interest coverage and leverage ratios, as well as other non-financial covenants. As of April 30, 2026, the Company was in compliance with all such covenants. During the third quarter of fiscal 2026, the Company entered into a Term Loan Credit Agreement that created a new three-year committed, unsecured, delayed draw term loan credit facility in the amount of $400.0 million. The Term Loan Facility is available in U.S. Dollars. As of April 30, 2026, there was no outstanding balance under the Term Loan Facility.
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