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Intangible Assets and Goodwill | 3 Months Ended
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Oct. 31, 2023
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, 2023 |  | July 31, 2023
|  |  |  |  | Accumulated |  |  |  | Accumulated
|  |  | Cost |  | Amortization |  | Cost |  | Amortization
Dealer networks/customer relationships |  |  | $ | 1,099,750 |  |  | $ | 542,468 |  |  | $ | 1,112,273 |  |  | $ | 526,327 |
Trademarks |  |  | 351,075 |  |  | 99,552 |  |  | 355,560 |  |  | 96,087 |
Design technology and other intangibles |  |  | 252,404 |  | 110,772 |  | 258,868 |  | 107,483
Non-compete agreements |  |  | 1,400 |  | 1,342 |  | 1,400 |  | 1,225
Total amortizable intangible assets |  |  | $ | 1,704,629 |  |  | $ | 754,134 |  |  | $ | 1,728,101 |  |  | $ | 731,122 |
Estimated future amortization expense is as follows:
For the remainder of the fiscal year ending July 31, 2024 | $ | 96,360
For the fiscal year ending July 31, 2025 | 116,771
For the fiscal year ending July 31, 2026 | 105,577
For the fiscal year ending July 31, 2027 | 96,923
For the fiscal year ending July 31, 2028 | 89,602
For the fiscal year ending July 31, 2029 and thereafter | 445,262
| $ | 950,495
Changes in the carrying amount of Goodwill by reportable segment for the three months ended October 31, 2023 are summarized as follows:
| North American Towable |  | North American Motorized |  | European |  | Other |  | Total
Net balance as of August 1, 2023 | $ | 337,883 |  |  | $ | 65,064 |  |  | $ | 965,758 |  |  | $ | 431,717 |  |  | $ | 1,800,422 |
Fiscal 2024 activity: |  |  |  |  |  |  |  |  |
Goodwill acquired | — |  |  | — |  |  | — |  |  | 3,751 |  |  | 3,751 |
Foreign currency translation | — |  |  | — |  |  | (35,396) |  |  | — |  |  | (35,396) |
Net balance as of October 31, 2023 | $ | 337,883 |  |  | $ | 65,064 |  |  | $ | 930,362 |  |  | $ | 435,468 |  |  | $ | 1,768,777 |
Changes in the carrying amount of Goodwill by reportable segment for the three months ended October 31, 2022 are summarized as follows:
| North American Towable |  | 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 |

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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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