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Intangible Assets and Goodwill | 3 Months Ended
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Oct. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets and Goodwill | Intangible Assets and Goodwill The components of amortizable intangible assets are as follows:
|  |  | October 31, 2021 |  | July 31, 2021
|  |  |  |  | Accumulated |  |  |  | Accumulated
|  |  | Cost |  | Amortization |  | Cost |  | Amortization
Dealer networks/customer relationships |  |  | $ | 1,139,935 |  |  | $ | 347,875 |  |  | $ | 861,562 |  |  | $ | 327,751 |
Trademarks |  |  | 366,152 |  |  | 66,670 |  |  | 311,208 |  |  | 62,675 |
Design technology and other intangibles |  |  | 273,370 |  | 67,615 |  | 215,956 |  | 62,237
Non-compete agreements |  |  | 1,400 |  | 408 |  | 1,400 |  | 292
Total amortizable intangible assets |  |  | $ | 1,780,857 |  |  | $ | 482,568 |  |  | $ | 1,390,126 |  |  | $ | 452,955 |
Estimated future amortization expense is as follows:
For the remainder of the fiscal year ending July 31, 2022 | $ | 126,544
For the fiscal year ending July 31, 2023 | 147,390
For the fiscal year ending July 31, 2024 | 134,611
For the fiscal year ending July 31, 2025 | 122,120
For the fiscal year ending July 31, 2026 | 110,251
For the fiscal year ending July 31, 2027 and thereafter | 657,373
| $ | 1,298,289
Changes in the carrying amount of goodwill for the three months ended October 31, 2021 are summarized as follows:
| North American Towables |  | North American Motorized |  | European |  | Other |  | Total
Net balance as of August 1, 2021 | $ | 344,975 |  |  | $ | 53,875 |  |  | $ | 1,041,697 |  |  | $ | 122,708 |  |  | $ | 1,563,255 |
Fiscal 2022 activity: |  |  |  |  |  |  |  |  |
Goodwill acquired | — |  |  | — |  |  | — |  |  | 373,685 |  |  | 373,685 |
Foreign currency translation | — |  |  | — |  |  | (21,552) |  |  | — |  |  | (21,552) |
Net balance as of October 31, 2021 | $ | 344,975 |  |  | $ | 53,875 |  |  | $ | 1,020,145 |  |  | $ | 496,393 |  |  | $ | 1,915,388 |
Changes in the carrying amount of goodwill for the three months ended October 31, 2020 are summarized as follows:
| North American Towables |  | North American Motorized |  | European |  | Other |  | Total
Net balance as of August 1, 2020 | $ | 333,786 |  |  | $ | — |  |  | $ | 1,037,929 |  |  | $ | 104,826 |  |  | $ | 1,476,541 |
Fiscal 2021 activity: |  |  |  |  |  |  |  |  |
Goodwill acquired | — |  |  | — |  |  | — |  |  | 17,882 |  |  | 17,882 |
Foreign currency translation | — |  |  | — |  |  | (13,140) |  |  | — |  |  | (13,140) |
Net balance as of October 31, 2020 | $ | 333,786 |  |  | $ | — |  |  | $ | 1,024,789 |  |  | $ | 122,708 |  |  | $ | 1,481,283 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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