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Goodwill
 12 Months Ended
Jul. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Goodwill
The change in the carrying amount of goodwill was as follows:
July 31,
(In thousands)20232022
Beginning balance$401,954 $355,717 
Adjustments related to business combinations(14,249)56,051 
Effect of foreign currency exchange rates6,584 (9,814)
Ending balance$394,289 $401,954 

In accordance with the guidance in ASC 350, goodwill is tested for impairment on an annual basis or upon the occurrence of circumstances that indicate that goodwill may be impaired.
The Company’s annual goodwill impairment analysis, which was performed qualitatively during the fourth quarter of fiscal 2023 and 2022, did not result in an impairment charge. This qualitative analysis, considered all relevant factors specific to the reporting units, including macroeconomic conditions; industry and market considerations; overall financial performance; and relevant entity-specific events.