v3.26.1

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Apr. 30, 2026	Jul. 31, 2025
Current assets:
Cash and cash equivalents	$ 175,491	$ 174,349
Accounts receivable, net of allowance for credit losses of $7,274 and $7,876, respectively	266,354	231,944
Inventories	220,252	200,881
Prepaid expenses and other current assets	16,832	14,661
Total current assets	678,929	621,835
Assets, Noncurrent
Property, plant and equipment—net	243,720	225,572
Goodwill	689,415	676,945
Other intangible assets	103,425	105,374
Deferred income taxes	18,503	20,862
Operating lease assets	61,154	58,422
Other assets	36,805	25,243
Total	1,831,951	1,734,253
Current liabilities:
Accounts payable	108,454	105,028
Accrued compensation and benefits	92,253	92,657
Taxes, other than income taxes	22,308	21,537
Accrued income taxes	4,787	5,547
Current operating lease liabilities	16,382	15,234
Other current liabilities	93,620	90,329
Total current liabilities	337,804	330,332
Liabilities, Noncurrent
Long-Term Debt	26,857	99,766
Long-term operating lease liabilities	45,270	43,565
Other liabilities	78,035	68,379
Total liabilities	487,966	542,042
Stockholders’ equity:
Additional paid-in capital	363,578	359,269
Retained earnings	1,442,868	1,317,739
Treasury stock—7,610,577 and 7,731,475 shares, respectively, of Class A nonvoting common stock, at cost	(393,992)	(393,186)
Accumulated other comprehensive loss	(69,017)	(92,159)
Total stockholders’ equity	1,343,985	1,192,211
Total	1,831,951	1,734,253
Class A Nonvoting Common Stock
Stockholders’ equity:
Common Stock, Value, Issued	513	513
Class B Voting Common Stock
Stockholders’ equity:
Common Stock, Value, Issued	$ 35	$ 35

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

BRADY CORP 10-Q