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Intangible Assets and Goodwill (Tables) | 6 Months Ended
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Jan. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Components of amortizable intangible assets | The components of amortizable intangible assets are as follows:
|  |  | January 31, 2023 |  | July 31, 2022
|  |  |  |  | Accumulated |  |  |  | Accumulated
|  |  | Cost |  | Amortization |  | Cost |  | Amortization
Dealer networks/customer relationships |  |  | $ | 1,106,383 |  |  | $ | 475,126 |  |  | $ | 1,090,528 |  |  | $ | 420,623 |
Trademarks |  |  | 353,456 |  |  | 86,839 |  |  | 351,152 |  |  | 77,660 |
Design technology and other intangibles |  |  | 255,828 |  | 93,547 |  | 253,918 |  | 80,465
Non-compete agreements |  |  | 1,400 |  | 992 |  | 1,400 |  | 758
Total amortizable intangible assets |  |  | $ | 1,717,067 |  |  | $ | 656,504 |  |  | $ | 1,696,998 |  |  | $ | 579,506 |
Estimated amortization expense | Estimated future amortization expense is as follows:
For the remainder of the fiscal year ending July 31, 2023 | $ | 70,373
For the fiscal year ending July 31, 2024 | 129,167
For the fiscal year ending July 31, 2025 | 117,280
For the fiscal year ending July 31, 2026 | 106,021
For the fiscal year ending July 31, 2027 | 97,312
For the fiscal year ending July 31, 2028 and thereafter | 540,410
| $ | 1,060,563
Schedule of goodwill | Changes in the carrying amount of goodwill by reportable segment for the six months ended January 31, 2023 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: |  |  |  |  |  |  |  |  |
Goodwill acquired | 4,097 |  |  | — |  |  | — |  |  | — |  |  | 4,097 |
Measurement period adjustments | — |  |  | — |  |  | — |  |  | 4,682 |  |  | 4,682 |
Foreign currency translation | — |  |  | — |  |  | 55,729 |  |  | — |  |  | 55,729 |
Deconsolidation of Roadpass Digital | — |  |  | — |  |  | — |  |  | (84,883) |  |  | (84,883) |
Net balance as of January 31, 2023 | $ | 349,072 |  |  | $ | 53,875 |  |  | $ | 949,112 |  |  | $ | 431,717 |  |  | $ | 1,783,776 |
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 |

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