v3.26.1
Debt (Tables)
 9 Months Ended
Apr. 30, 2026
Debt Disclosure [Abstract]  
Schedule of debt
The net carrying value of debt instruments and unamortized debt issuance costs was as follows (in thousands):
Debt Instrument
April 30, 2026July 31, 2025
2029 convertible senior notes - principal amount
$690,000 $690,000 
Less: unamortized debt issuance costs
(12,794)(15,432)
Net carrying amount of debt677,206 674,568 
Less: current portion of convertible senior notes, net
— — 
Non-current portion of convertible senior notes, net
$677,206 $674,568 
The following table sets forth the interest expense recognized related to debt instruments (in thousands):
Three Months EndedNine Months Ended
April 30,April 30,
2026202520262025
Contractual interest expense$2,156 $2,436 $6,469 $6,827 
Amortization of debt issuance costs984 1,058 2,947 2,782 
Commitment fees168 167 512 279 
Total
$3,309 $3,661 $9,928 $9,888 
Schedule of capped calls
The following table sets forth key terms and costs incurred for the Capped Calls related to the 2029 Convertible Senior Notes:
2029 Convertible Senior Notes
Initial strike price per share, subject to certain adjustments
$244.65 
Initial cap price per share, subject to certain adjustments
$329.33 
Net cost incurred (in millions)$58.8 
Common stock shares covered, subject to anti-dilution adjustments (in millions)2.8