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Intangible Assets and Goodwill (Tables) | 9 Months Ended
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Apr. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Components of amortizable intangible assets | The components of amortizable intangible assets are as follows:
|  |  | April 30, 2022 |  | July 31, 2021
|  |  |  |  | Accumulated |  |  |  | Accumulated
|  |  | Cost |  | Amortization |  | Cost |  | Amortization
Dealer networks/customer relationships |  |  | $ | 1,101,130 |  |  | $ | 395,387 |  |  | $ | 861,562 |  |  | $ | 327,751 |
Trademarks |  |  | 354,944 |  |  | 73,863 |  |  | 311,208 |  |  | 62,675 |
Design technology and other intangibles |  |  | 259,390 |  | 75,823 |  | 215,956 |  | 62,237
Non-compete agreements |  |  | 1,400 |  | 642 |  | 1,400 |  | 292
Total amortizable intangible assets |  |  | $ | 1,716,864 |  |  | $ | 545,715 |  |  | $ | 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 | $ | 39,826
For the fiscal year ending July 31, 2023 | 142,346
For the fiscal year ending July 31, 2024 | 130,006
For the fiscal year ending July 31, 2025 | 117,898
For the fiscal year ending July 31, 2026 | 106,362
For the fiscal year ending July 31, 2027 and thereafter | 634,711
| $ | 1,171,149
Schedule of goodwill | Changes in the carrying amount of goodwill by reportable segment for the nine months ended April 30, 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 | — |  |  | — |  |  | — |  |  | 134 |  |  | 134 |
Foreign currency translation | — |  |  | — |  |  | (118,354) |  |  | — |  |  | (118,354) |
Net balance as of April 30, 2022 | $ | 344,975 |  |  | $ | 53,875 |  |  | $ | 923,343 |  |  | $ | 512,680 |  |  | $ | 1,834,873 |
Changes in the carrying amount of goodwill by reportable segment for the nine months ended April 30, 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 |
Measurement period adjustments | (7,656) |  |  | 8,225 |  |  | — |  |  | — |  |  | 569 |
Foreign currency translation | — |  |  | — |  |  | 20,500 |  |  | — |  |  | 20,500 |
Net balance as of April 30, 2021 | $ | 344,975 |  |  | $ | 51,716 |  |  | $ | 1,058,429 |  |  | $ | 122,708 |  |  | $ | 1,577,828 |

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