Stock-Based Compensation (Tables)

9 Months Ended

Apr. 30, 2026

Option activity was as follows:


	Options	Weighted Average Exercise Price
Balance outstanding as of July 31, 2025	6,223,080	$	54.24
Granted	683,172	82.73
Exercised	(1,126,499)	45.95
Expired/forfeited	(18,602)	68.86
Balance outstanding as of April 30, 2026	5,761,151	$	59.19

Performance-based awards for non-vested activity were as follows:


	Performance Shares	Weighted Average Grant Date Fair Value
Balance outstanding as of July 31, 2025	197,684	$	66.19
Granted	107,800	82.70
Vested	—	—
Forfeited	(16,700)	66.89
Balance outstanding as of April 30, 2026	288,784	$	72.31