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Intangible Assets and Goodwill (Tables) | 6 Months Ended
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Jan. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Components of amortizable intangible assets | The components of amortizable intangible assets are as follows:
|  |  | January 31, 2022 |  | July 31, 2021
|  |  |  |  | Accumulated |  |  |  | Accumulated
|  |  | Cost |  | Amortization |  | Cost |  | Amortization
Dealer networks/customer relationships |  |  | $ | 1,124,776 |  |  | $ | 376,085 |  |  | $ | 861,562 |  |  | $ | 327,751 |
Trademarks |  |  | 361,817 |  |  | 70,459 |  |  | 311,208 |  |  | 62,675 |
Design technology and other intangibles |  |  | 269,246 |  | 72,223 |  | 215,956 |  | 62,237
Non-compete agreements |  |  | 1,400 |  | 525 |  | 1,400 |  | 292
Total amortizable intangible assets |  |  | $ | 1,757,239 |  |  | $ | 519,292 |  |  | $ | 1,390,126 |  |  | $ | 452,955 |
Estimated amortization expense | Estimated future amortization expense is as follows:
For the remainder of the fiscal year ending July 31, 2022 | $ | 81,685
For the fiscal year ending July 31, 2023 | 145,539
For the fiscal year ending July 31, 2024 | 132,955
For the fiscal year ending July 31, 2025 | 120,633
For the fiscal year ending July 31, 2026 | 108,912
For the fiscal year ending July 31, 2027 and thereafter | 648,223
| $ | 1,237,947
Schedule of goodwill | Changes in the carrying amount of goodwill by reportable segment for the six months ended January 31, 2022 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 | — |  |  | — |  |  | — |  |  | 389,838 |  |  | 389,838 |
Measurement period adjustments | — |  |  | — |  |  | — |  |  | 49 |  |  | 49 |
Foreign currency translation | — |  |  | — |  |  | (64,390) |  |  | — |  |  | (64,390) |
Net balance as of January 31, 2022 | $ | 344,975 |  |  | $ | 53,875 |  |  | $ | 977,307 |  |  | $ | 512,595 |  |  | $ | 1,888,752 |
Changes in the carrying amount of goodwill by reportable segment for the six months ended January 31, 2021 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 | 18,845 |  |  | 43,491 |  |  | — |  |  | 17,882 |  |  | 80,218 |
Foreign currency translation | — |  |  | — |  |  | 25,231 |  |  | — |  |  | 25,231 |
Net balance as of January 31, 2021 | $ | 352,631 |  |  | $ | 43,491 |  |  | $ | 1,063,160 |  |  | $ | 122,708 |  |  | $ | 1,581,990 |

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