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Stockholders' Equity
9 Months Ended
Apr. 30, 2026
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
Note 10. Stockholders’ Equity
Share Repurchases
In November 2023, the Board of Directors authorized the repurchase of up to 12.0 million shares of common stock under the Company’s stock repurchase plan. This repurchase authorization is effective until terminated by the Board of Directors. During the nine months ended April 30, 2026, the Company repurchased 1.4 million shares for $108.5 million. During the nine months ended April 30, 2025, the Company repurchased 4.0 million shares for $273.8 million. As of April 30, 2026, the Company had remaining authorization to repurchase 4.5 million shares under the November 2023 stock repurchase plan.
Dividends
Dividends paid were 30.0 cents and 90.0 cents per common share for the three and nine months ended April 30, 2026, respectively, and were 27.0 cents and 81.0 cents per common share for the three and nine months ended April 30, 2025.
On May 29, 2026, the Company’s Board of Directors declared a cash dividend in the amount of 32.0 cents per common share, payable June 30, 2026, to stockholders of record as of June 15, 2026.