v3.26.3
Restructuring and Other Charges
12 Months Ended
Jul. 31, 2026
Restructuring and Related Activities [Abstract]  
Restructuring and Other Charges
Note 20. Restructuring and Other Charges
During fiscal 2026, the Company continued its global footprint and cost optimization actions associated with certain plant closures and other related activities to further improve the operating and manufacturing cost structure, which began in fiscal 2024. These activities resulted in restructuring expenses of $18.3 million, $16.8 million and $6.4 million for the years ended July 31, 2026, 2025 and 2024, respectively. Charges of $17.6 million, $6.5 million and $3.8 million were included in cost of sales in the Consolidated Statements of Earnings for the years ended July 31, 2026, 2025 and 2024, respectively. Charges of $0.7 million, $10.3 million and $2.6 million were included in operating expenses in the Consolidated Statements of Earnings for the years ended July 31, 2026, 2025 and 2024, respectively. As of July 31, 2026 and July 31, 2025, $3.6 million and $7.1 million of accrued expenses were included in accrued employee compensation and related taxes in the Consolidated Balance Sheets, respectively.