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Intangible Assets | 12 Months Ended
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Jul. 31, 2024
Finite-Lived Intangible Assets, Net [Abstract] |
Intangible Assets | Intangible Assets Intangible assets with finite lives as of July 31, 2024 and 2023 are as follows:
|  | July 31, 2024
|  | Weighted Average Amortization Period |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Customer relationships |  | 20.2 |  | $ | 302,058,000 |  |  | 141,601,000 |  |  | $ | 160,457,000 |
Technologies |  | 14.8 |  | 113,149,000 |  |  | 87,809,000 |  |  | 25,340,000 |
Trademarks and other |  | 16.7 |  | 32,926,000 |  |  | 23,895,000 |  |  | 9,031,000 |
Total |  |  |  | $ | 448,133,000 |  |  | 253,305,000 |  |  | $ | 194,828,000 |
|  | July 31, 2023
|  | Weighted Average Amortization Period |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Customer relationships |  | 20.2 |  | $ | 302,058,000 |  |  | 121,786,000 |  |  | $ | 180,272,000 |
Technologies |  | 14.8 |  | 114,949,000 |  |  | 80,672,000 |  |  | 34,277,000 |
Trademarks and other |  | 16.7 |  | 32,926,000 |  |  | 21,568,000 |  |  | 11,358,000 |
Total |  |  |  | $ | 449,933,000 |  |  | 224,026,000 |  |  | $ | 225,907,000 |
The weighted average amortization period in the above table excludes fully amortized intangible assets. Amortization expense for the fiscal years ended July 31, 2024, 2023 and 2022 was $21,154,000, $21,396,000 and $21,396,000, respectively. The estimated amortization expense consists of the following for the fiscal years ending July 31:
2025 | $ | 21,722,000 |
2026 | 19,128,000 |
2027 | 17,774,000 |
2028 | 17,774,000 |
2029 | 16,353,000 |
We review net intangible assets with finite lives for impairment when an event occurs indicating the potential for impairment. Based on our last assessment, we performed an impairment assessment of our Satellite and Space Communications segment’s long-lived assets in response to triggering events indicating potential impairment, namely the overall decline in financial performance of the segment and the Company’s decision to either complete a sale or wind-down our steerable antenna operations in the United Kingdom by the end of the first quarter of fiscal 2025. As such, we recognized an impairment loss of $9,925,000, related to net intangible assets with definite lives, which is included within intangible asset accumulated amortization in the table above. See Note (1)(h) - "Summary of Significant Accounting and Reporting Policies, Long-Lived Assets" for more information We believe that the carrying values of our remaining net intangible assets were recoverable as of July 31, 2024. However, if business conditions deteriorate, we may be required to record impairment losses, and/or increase the amortization of intangibles in the future. Any impairment charges that we may record in the future could be material to our results of operations and financial condition.

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