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Goodwill
 12 Months Ended
Jul. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Goodwill
The change in the carrying amount of goodwill was as follows:
July 31,
(In thousands)20242023
Beginning balance$394,289 $401,954 
Adjustments related to business combinations120,153 (14,249)
Effect of foreign currency exchange rates(533)6,584 
Ending balance$513,909 $394,289 

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 2024 and 2023, 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.