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Intangible Assets and Goodwill | 3 Months Ended
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Oct. 31, 2022
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, 2022 |  | July 31, 2022
|  |  |  |  | Accumulated |  |  |  | Accumulated
|  |  | Cost |  | Amortization |  | Cost |  | Amortization
Dealer networks/customer relationships |  |  | $ | 1,081,724 |  |  | $ | 442,137 |  |  | $ | 1,090,528 |  |  | $ | 420,623 |
Trademarks |  |  | 347,992 |  |  | 81,482 |  |  | 351,152 |  |  | 77,660 |
Design technology and other intangibles |  |  | 249,374 |  | 85,181 |  | 253,918 |  | 80,465
Non-compete agreements |  |  | 1,400 |  | 875 |  | 1,400 |  | 758
Total amortizable intangible assets |  |  | $ | 1,680,490 |  |  | $ | 609,675 |  |  | $ | 1,696,998 |  |  | $ | 579,506 |
Estimated future amortization expense is as follows:
For the remainder of the fiscal year ending July 31, 2023 | $ | 103,930
For the fiscal year ending July 31, 2024 | 127,009
For the fiscal year ending July 31, 2025 | 115,118
For the fiscal year ending July 31, 2026 | 103,770
For the fiscal year ending July 31, 2027 | 94,899
For the fiscal year ending July 31, 2028 and thereafter | 526,089
| $ | 1,070,815
Changes in the carrying amount of goodwill by reportable segment for the three months ended October 31, 2022 are summarized as follows:
| North American Towables |  | North American Motorized |  | European |  | Other |  | Total
Net balance as of August 1, 2022 | $ | 344,975 |  |  | $ | 53,875 |  |  | $ | 893,383 |  |  | $ | 511,918 |  |  | $ | 1,804,151 |
Fiscal 2023 activity: |  |  |  |  |  |  |  |  |
Measurement period adjustments | — |  |  | — |  |  | — |  |  | 4,682 |  |  | 4,682 |
Foreign currency translation | — |  |  | — |  |  | (24,879) |  |  | — |  |  | (24,879) |
Net balance as of October 31, 2022 | $ | 344,975 |  |  | $ | 53,875 |  |  | $ | 868,504 |  |  | $ | 516,600 |  |  | $ | 1,783,954 |
Changes in the carrying amount of goodwill by reportable segment 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 |

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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 https://asc.fasb.org/topic&trid=2144416 + Details
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