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Intangibles, Net
12 Months Ended
Jul. 31, 2022
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangibles, Net
NOTE 7 — Intangibles, Net

The following table sets forth amortizable intangible assets by major asset class:
Gross
Carrying
Amount
Accumulated
Amortization
Net
Book Value
Weighted Average
Remaining Useful
Life (in years)
July 31,July 31,July 31,July 31,
(In thousands, except remaining useful life)20222021202220212022202120222021
Amortized intangibles:        
Supply contracts and customer relationships$71,875 $55,598 $(27,297)$(21,739)$44,578 $33,859 57
Trade names18,896 18,944 (8,867)(7,163)10,029 11,781 56
Licenses and databases633 736 (560)(503)73 233 12
Total Intangibles$91,404 $75,278 $(36,724)$(29,405)$54,680 $45,873   
 
Aggregate amortization expense on intangible assets was $7.5 million, $6.9 million and $8.9 million for the years ended July 31, 2022, 2021 and 2020, respectively.

Intangible amortization expense for the next five fiscal years based upon July 31, 2022 intangible assets is expected to be as follows (In thousands):
2023$13,083 
202412,801 
202511,242 
20265,969 
20275,826 
Thereafter5,759 
Total future intangible amortization expense$54,680