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INTANGIBLE ASSETS AND GOODWILL (Tables) | 12 Months Ended
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Jul. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Components of Amortizable Intangible Assets | The components of amortizable intangible assets are as follows:
|  |  | July 31, 2023 |  | July 31, 2022
|  |  | Cost |  | Accumulated Amortization |  | Cost |  | Accumulated Amortization
Dealer networks/customer relationships |  |  | $ | 1,112,273 |  |  | $ | 526,327 |  |  | $ | 1,090,528 |  |  | $ | 420,623 |
Trademarks |  |  | 355,560 |  |  | 96,087 |  |  | 351,152 |  |  | 77,660 |
Design technology and other intangibles |  |  | 258,868 |  |  | 107,483 |  |  | 253,918 |  |  | 80,465 |
Non-compete agreements |  |  | 1,400 |  |  | 1,225 |  |  | 1,400 |  |  | 758 |
Total amortizable intangible assets |  |  | $ | 1,728,101 |  |  | $ | 731,122 |  |  | $ | 1,696,998 |  |  | $ | 579,506 |
Estimated Amortization Expense | Estimated annual amortization expense is as follows:
For the fiscal year ending July 31, 2024 | $ | 130,081 |
For the fiscal year ending July 31, 2025 | 118,128 |
For the fiscal year ending July 31, 2026 | 106,812 |
For the fiscal year ending July 31, 2027 | 98,054 |
For the fiscal year ending July 31, 2028 | 90,640 |
For the fiscal year ending July 31, 2029 and thereafter | 453,264 |
| $ | 996,979 |
Changes in Carrying Amount of Goodwill by Reportable Segment | Changes in the carrying amount of goodwill by reportable segment as of July 31, 2023 and July 31, 2022 are summarized as follows:
|  | North American Towable |  | North American Motorized |  | European |  | Other |  | Total
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 |
Fiscal year 2023 activity: |  |  |  |  |  |  |  |  |  |
Goodwill acquired |  | 4,097 |  |  | — |  |  | — |  |  | — |  |  | 4,097 |
Measurement period adjustments |  | — |  |  | — |  |  | — |  |  | 4,682 |  |  | 4,682 |
Foreign currency translation and other |  | (11,189) |  |  | 11,189 |  |  | 72,375 |  |  | — |  |  | 72,375 |
Deconsolidation of Roadpass Digital |  | — |  |  | — |  |  | — |  |  | (84,883) |  |  | (84,883) |
Net balance as of July 31, 2023 |  | $ | 337,883 |  |  | $ | 65,064 |  |  | $ | 965,758 |  |  | $ | 431,717 |  |  | $ | 1,800,422 |
The components of the goodwill balances as of July 31, 2023 and July 31, 2022 are summarized as follows:
|  | North American Towable |  | North American Motorized |  | European |  | Other |  | Total
Goodwill |  | $ | 348,032 |  |  | $ | 82,316 |  |  | $ | 965,758 |  |  | $ | 431,717 |  |  | $ | 1,827,823 |
Accumulated impairment charges |  | (10,149) |  |  | (17,252) |  |  | — |  |  | — |  |  | (27,401) |
Net balance as of July 31, 2023 |  | $ | 337,883 |  |  | $ | 65,064 |  |  | $ | 965,758 |  |  | $ | 431,717 |  |  | $ | 1,800,422 |
|  | North American Towable |  | 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 |

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