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Intangible Assets and Goodwill | 9 Months Ended
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Apr. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets and Goodwill | Intangible Assets and Goodwill The components of amortizable intangible assets are as follows:
|  |  | April 30, 2023 |  | July 31, 2022
|  |  |  |  | Accumulated |  |  |  | Accumulated
|  |  | Cost |  | Amortization |  | Cost |  | Amortization
Dealer networks/customer relationships |  |  | $ | 1,110,971 |  |  | $ | 501,309 |  |  | $ | 1,090,528 |  |  | $ | 420,623 |
Trademarks |  |  | 355,109 |  |  | 91,588 |  |  | 351,152 |  |  | 77,660 |
Design technology and other intangibles |  |  | 258,196 |  | 100,838 |  | 253,918 |  | 80,465
Non-compete agreements |  |  | 1,400 |  | 1,108 |  | 1,400 |  | 758
Total amortizable intangible assets |  |  | $ | 1,725,676 |  |  | $ | 694,843 |  |  | $ | 1,696,998 |  |  | $ | 579,506 |
Estimated future amortization expense is as follows:
For the remainder of the fiscal year ending July 31, 2023 | $ | 35,335
For the fiscal year ending July 31, 2024 | 129,880
For the fiscal year ending July 31, 2025 | 117,941
For the fiscal year ending July 31, 2026 | 106,639
For the fiscal year ending July 31, 2027 | 97,891
For the fiscal year ending July 31, 2028 and thereafter | 543,147
| $ | 1,030,833
Changes in the carrying amount of goodwill by reportable segment for the nine months ended April 30, 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 | — |  |  | — |  |  | 68,696 |  |  | — |  |  | 68,696 |
Deconsolidation of Roadpass Digital | — |  |  | — |  |  | — |  |  | (84,883) |  |  | (84,883) |
Net balance as of April 30, 2023 | $ | 349,072 |  |  | $ | 53,875 |  |  | $ | 962,079 |  |  | $ | 431,717 |  |  | $ | 1,796,743 |
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 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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