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Goodwill and Intangible Assets
9 Months Ended
Apr. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The following table sets forth amortizable intangible assets by major asset class:
(In thousands)April 30, 2024July 31, 2023
Amortized intangibles:
Supply contracts and customer relationships$83,589 $84,614 
Trade names18,910 19,304 
Licenses and databases16,562 682 
Indefinite-lived intangibles:
Trade names16,718 7,443 
Accumulated amortization(58,993)(49,341)
Intangibles, net$76,786 $62,702 
Aggregate amortization expense on amortizable intangible assets was $3.3 million and $1.9 million for the three months ended April 30, 2024 and 2023, respectively, and $10 million and $5.6 million for the nine months ended April 30, 2024 and 2023, respectively.
The change in the carrying amount of goodwill was as follows:
(In thousands)
Balance as of July 31, 2023$394,289 
Acquisitions during the period120,634 
Effect of foreign currency exchange rates(3,551)
Balance as of April 30, 2024$511,372