v3.26.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Jul. 31, 2024
OPERATING ACTIVITIES      
Net income $ 95,094 $ 81,139 $ 68,264
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 21,400 21,008 20,351
Deferred income taxes 789 16,217 (10,907)
Provision for credit losses and reserve for settlement assets 5,509 7,090 4,390
Stock-based compensation expense 10,544 3,074 7,397
Other 79 2,199 4,579
Changes in assets and liabilities:      
Trade accounts receivable (19,185) (5,989) (13,695)
Prepaid expenses, other current assets, and other assets 690 4,835 5,510
Increase (Decrease) in Settlement Assets and Disbursement Prefunding (75,087) (13,861) 8,219
Trade accounts payable, accrued expenses, settlement liabilities, other current liabilities, and other liabilities 22,680 (4,814) (9,081)
Customer funds deposits 30,144 19,235 (1,820)
Deferred revenue (1,588) (3,072) (5,016)
Net cash provided by operating activities 91,069 127,061 78,191
INVESTING ACTIVITIES      
Capital expenditures (23,107) (20,770) (18,922)
Purchase of convertible preferred stock in equity method investment 0 (926) (2,017)
Payments for acquisition (1,500) 0 0
Notes receivable from equity method investment (310) (1,900) 0
Purchase of equity investments (1,695) 0 0
Purchases of debt securities and equity investments (64,402) (33,453) (29,921)
Proceeds from maturities and sales of debt securities and equity securities 43,348 36,310 50,112
Net cash used in investing activities (47,666) (20,739) (748)
FINANCING ACTIVITIES      
Dividends paid (6,504) (5,550) (2,536)
Distributions to noncontrolling interests (2,743) (100) (112)
Proceeds from borrowings under revolving credit facility 21,421 24,551 32,864
Repayments on borrowings under revolving credit facility (21,421) (24,551) (32,864)
Proceeds from borrowings 185 0 0
Repayments of borrowings (185) 0 0
Proceeds from exercise of stock options 200 0 172
Net cash used in financing activities (30,573) (23,423) (17,226)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash and cash equivalents 4,674 3,477 (3,584)
Net increase in cash, cash equivalents, and restricted cash and cash equivalents 17,504 86,376 56,633
Cash, cash equivalents, and restricted cash and cash equivalents at beginning of year 341,832 255,456 198,823
Cash, cash equivalents, and restricted cash and cash equivalents at end of year 359,336 341,832 255,456
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION      
Cash payments made for interest 184 110 429
Cash payments made for income taxes 22,196 279 527
NON-CASH INVESTING AND FINANCING ACTIVITIES      
Liabilities incurred for acquisition 3,393 0 0
Value of the Company's Class B Common stock/DSUs exchanged for NRS shares 3,548 442 6,696
Shares of the Company’s Class B common stock issued to certain executive officers for bonus payments 0 1,824 1,494
Shares of the Company’s Class B common stock issued for business acquisitions 0 0 100
Net2phone 2.0 and National Retail Solutions Common Stock [Member]      
FINANCING ACTIVITIES      
Repurchase of Common Stock 0 0 (4,131)
Common Class B [Member]      
FINANCING ACTIVITIES      
Repurchase of Common Stock $ (21,526) $ (17,773) $ (10,619)