v3.26.1
Fair Value Measurements (Tables)
9 Months Ended
Apr. 30, 2026
Fair Value Disclosures [Abstract]  
Summary Of Cash Equivalents Measured At Fair Value
The table below summarizes the Company’s cash equivalents, restricted cash, other current assets and Contingent Consideration (defined below) measured at estimated fair value (all other assets and liabilities measured at fair value are immaterial) (in thousands):
 Estimated Fair Value Measurement as of April 30, 2026
DescriptionTotalLevel 1Level 2Level 3
Assets:
Money Market$50,000 $50,000 $— $— 
Commercial Paper$2,401 $— $2,401 $— 
Certificates of Deposit$43,742 $— $43,742 $— 
Liabilities:
Contingent Consideration $93,000 $— $— $93,000 
 Estimated Fair Value Measurement as of July 31, 2025
DescriptionTotalLevel 1Level 2Level 3
Assets:
Money Market$80,576 $80,576 $— $— 
Commercial Paper$2,401 $— $2,401 $— 
Certificates of Deposit$65,962 $— $65,962 $— 
Liabilities:
Contingent Consideration $93,300 $— $— $93,300 
 Estimated Fair Value Measurement as of April 30, 2025
DescriptionTotalLevel 1Level 2Level 3
Assets:
Money Market$52,213 $52,213 $— $— 
Commercial Paper$2,401 $— $2,401 $— 
Certificates of Deposit$87,505 $— $87,505 $— 
Liabilities:
Contingent Consideration$88,000 $— $— $88,000 
The Company’s cash equivalents, restricted cash equivalents and other current assets are measured utilizing quoted market prices or pricing models whereby all significant inputs are either observable or corroborated by observable market data.
The changes in Contingent Consideration during the nine months ended April 30, 2026 and 2025 were as follows (in thousands):
Balance as of July 31, 2025 and 2024, respectively$93,300 $104,200 
Payments(14,739)(20,279)
Change in estimated fair value14,439 4,079 
Balance as of April 30, 2026 and 2025, respectively$93,000 $88,000 
Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets The Company prepared a sensitivity analysis to evaluate the effect that changes on certain key assumptions would have on the fair value of the Contingent Consideration. A change in the discount rate of 100 basis points, a change in volatility of 100 basis points, or a 5% change in estimated subsequent year performance of the resort would result in a change in the fair value within the range of approximately $5.3 million to $24.3 million.