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INTANGIBLE ASSETS AND GOODWILL (Tables) | 12 Months Ended
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Jul. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Components of Amortizable Intangible Assets | The components of amortizable intangible assets are as follows:
|  |  | July 31, 2022 |  | July 31, 2021
|  |  | Cost |  | Accumulated Amortization |  | Cost |  | Accumulated Amortization
Dealer networks/customer relationships |  |  | $ | 1,090,528 |  |  | $ | 420,623 |  |  | $ | 861,562 |  |  | $ | 327,751 |
Trademarks |  |  | 351,152 |  |  | 77,660 |  |  | 311,208 |  |  | 62,675 |
Design technology and other intangibles |  |  | 253,918 |  |  | 80,465 |  |  | 215,956 |  |  | 62,237 |
Non-compete agreements |  |  | 1,400 |  |  | 758 |  |  | 1,400 |  |  | 292 |
Total amortizable intangible assets |  |  | $ | 1,696,998 |  |  | $ | 579,506 |  |  | $ | 1,390,126 |  |  | $ | 452,955 |
Estimated Amortization Expense | Estimated annual amortization expense is as follows:
For the fiscal year ending July 31, 2023 | $ | 140,573 |
For the fiscal year ending July 31, 2024 | 128,369 |
For the fiscal year ending July 31, 2025 | 116,380 |
For the fiscal year ending July 31, 2026 | 104,946 |
For the fiscal year ending July 31, 2027 | 96,002 |
For the fiscal year ending July 31, 2028 and thereafter | 531,222 |
| $ | 1,117,492 |
Changes in Carrying Amount of Goodwill by Reportable Segment | Changes in the carrying amount of goodwill by reportable segment as of July 31, 2022 and July 31, 2021 are summarized as follows:
|  | North American Towables |  | North American Motorized |  | European |  | Other |  | Total
Net balance as of July 31, 2020 |  | $ | 333,786 |  |  | $ | — |  |  | $ | 1,037,929 |  |  | $ | 104,826 |  |  | $ | 1,476,541 |
Fiscal year 2021 activity: |  |  |  |  |  |  |  |  |  |
Goodwill acquired |  | 18,845 |  |  | 43,491 |  |  | — |  |  | 17,882 |  |  | 80,218 |
Measurement period adjustments |  | (7,656) |  |  | 10,384 |  |  | — |  |  | — |  |  | 2,728 |
Foreign currency translation and other |  | — |  |  | — |  |  | 3,768 |  |  | — |  |  | 3,768 |
Net balance as of July 31, 2021 |  | $ | 344,975 |  |  | $ | 53,875 |  |  | $ | 1,041,697 |  |  | $ | 122,708 |  |  | $ | 1,563,255 |
Fiscal year 2022 activity: |  |  |  |  |  |  |  |  |  |
Goodwill acquired |  | — |  |  | — |  |  | — |  |  | 389,838 |  |  | 389,838 |
Measurement period adjustments |  | — |  |  | — |  |  | — |  |  | (628) |  |  | (628) |
Foreign currency translation and other |  | — |  |  | — |  |  | (148,314) |  |  | — |  |  | (148,314) |
Net balance as of July 31, 2022 |  | $ | 344,975 |  |  | $ | 53,875 |  |  | $ | 893,383 |  |  | $ | 511,918 |  |  | $ | 1,804,151 |
The components of the goodwill balances as of July 31, 2022 and July 31, 2021 are summarized as follows:
|  | North American Towables |  | North American Motorized |  | European |  | Other |  | Total
Goodwill |  | $ | 355,124 |  |  | $ | 71,127 |  |  | $ | 893,383 |  |  | $ | 511,918 |  |  | $ | 1,831,552 |
Accumulated impairment charges |  | (10,149) |  |  | (17,252) |  |  | — |  |  | — |  |  | (27,401) |
Net balance as of July 31, 2022 |  | $ | 344,975 |  |  | $ | 53,875 |  |  | $ | 893,383 |  |  | $ | 511,918 |  |  | $ | 1,804,151 |
|  | North American Towables |  | North American Motorized |  | European |  | Other |  | Total
Goodwill |  | $ | 355,124 |  |  | $ | 71,127 |  |  | $ | 1,041,697 |  |  | $ | 122,708 |  |  | $ | 1,590,656 |
Accumulated impairment charges |  | (10,149) |  |  | (17,252) |  |  | — |  |  | — |  |  | (27,401) |
Net balance as of July 31, 2021 |  | $ | 344,975 |  |  | $ | 53,875 |  |  | $ | 1,041,697 |  |  | $ | 122,708 |  |  | $ | 1,563,255 |

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