v3.26.1
Segment Information
 12 Months Ended
Jul. 31, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company is organized and managed within two regions: Americas & Asia and Europe & Australia, which are the reportable segments. The Company’s Chief Executive Officer (“CEO”), who is also the Company’s Chief Operating Decision Maker (“CODM”), uses segment profit in measuring segment performance, allocating resources, evaluating performance in periodic reviews, and during the development of the annual budget and the regular forecasting process. The CODM considers budget-to-actual variances on a quarterly basis, as well as segment-specific forecasting, when making decisions about the allocation of operating and capital resources to each segment. The CODM also uses the segment's net sales in measuring segment performance.
The following is a summary of segment information as of and for the years ended July 31, 2026, 2025 and 2024:
202620252024
Americas & Asia
Net sales$1,106,620 $993,715 $886,528 
Segment expenses:
Cost of goods sold532,049 490,670 430,265 
Research and development67,721 55,862 48,715 
Selling, general and administrative250,235 237,417 210,706 
Segment profit$256,615 $209,766 $196,842 
Europe & Australia
Net sales$554,945 $519,890 $454,865 
Segment expenses:
Cost of goods sold269,687 262,113 223,244 
Research and development26,310 24,027 19,033 
Selling, general and administrative184,647 176,809 141,976 
Segment profit$74,301 $56,941 $70,612 
Total profit from reportable segments$330,916 $266,707 $267,454 
Reconciliation to income before income taxes
Total profit from reportable segments$330,916 $266,707 $267,454 
Unallocated costs:
Administrative costs (1)
(67,430)(30,069)(24,040)
Investment and other income5,628 5,206 7,553 
Interest expense(9,699)(4,747)(3,126)
Income before income taxes$259,415 $237,097 $247,841 
Other Segment Information
Depreciation & amortization:
Americas & Asia$29,623 $26,373 $22,716 
Europe & Australia15,247 14,266 7,157 
Total Company$44,870 $40,639 $29,873 
Assets:
Americas & Asia$1,020,255 $982,000 $849,844 
Europe & Australia644,545 577,904 415,607 
Corporate187,149 174,349 250,118 
Total Company$1,851,949 $1,734,253 $1,515,569 
Expenditures for property, plant & equipment:
Americas & Asia$35,507 $18,595 $54,460 
Europe & Australia15,966 8,982 25,432 
Total Company$51,473 $27,577 $79,892 
(1)Unallocated administrative costs consist of corporate administrative expenses including finance, information technology, human resources and other administrative expenses as well as costs incurred related to the acquisition of the PSS business for the year ended July 31, 2026.
The following is a summary of sales and long-lived assets by geographic region for the years ended July 31, 2026, 2025 and 2024:
Revenues*
Years Ended July 31,		Long-Lived Assets**
As of July 31,
202620252024202620252024
Geographic information:
United States$951,773 $847,336 $783,775 $581,932 $591,586 $515,193 
Other799,017 747,289 631,748 524,245 474,727 360,519 
Eliminations(89,225)(81,020)(74,130)— — — 
Consolidated total$1,661,565 $1,513,605 $1,341,393 $1,106,177 $1,066,313 $875,712 
* Revenues are attributed based on country of origin.
** Long-lived assets consist of property, plant and equipment, goodwill, other intangible assets, and operating lease assets.