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INTANGIBLE ASSETS AND GOODWILL | 12 Months Ended
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Jul. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS AND GOODWILL | INTANGIBLE ASSETS AND GOODWILL The components of Amortizable intangible assets are as follows:
|  |  | July 31, 2025 |  | July 31, 2024
|  |  | Cost |  | Accumulated Amortization |  | Cost |  | Accumulated Amortization
Dealer networks/customer relationships |  |  | $ | 1,126,554 |  |  | $ | 696,064 |  |  | $ | 1,107,396 |  |  | $ | 610,106 |
Trademarks |  |  | 360,291 |  |  | 135,063 |  |  | 353,435 |  |  | 114,272 |
Design technology and other intangibles |  |  | 268,148 |  |  | 165,108 |  |  | 259,660 |  |  | 134,980 |
Total amortizable intangible assets |  |  | $ | 1,754,993 |  |  | $ | 996,235 |  |  | $ | 1,720,491 |  |  | $ | 859,358 |
Estimated annual amortization expense is as follows:
For the fiscal year ending July 31, 2026 | $ | 110,334 |
For the fiscal year ending July 31, 2027 | 101,466 |
For the fiscal year ending July 31, 2028 | 92,491 |
For the fiscal year ending July 31, 2029 | 76,563 |
For the fiscal year ending July 31, 2030 | 60,951 |
For the fiscal year ending July 31, 2031 and thereafter | 316,953 |
| $ | 758,758 |
The Company completed its annual Goodwill impairment test for fiscal 2025 as of May 31, 2025, and no impairment was identified. There were no impairments of goodwill during fiscal 2024 or 2023. Changes in the carrying amount of Goodwill by reportable segment as of July 31, 2025 and July 31, 2024 are summarized as follows:
|  | North American Towable |  | North American Motorized |  | European |  | Other |  | Total
Net balance as of July 31, 2023 |  | $ | 337,883 |  |  | $ | 65,064 |  |  | $ | 965,758 |  |  | $ | 431,717 |  |  | $ | 1,800,422 |
Fiscal year 2024 activity: |  |  |  |  |  |  |  |  |  |
Goodwill acquired |  | — |  |  | — |  |  | — |  |  | 3,635 |  |  | 3,635 |
Foreign currency translation and other |  | — |  |  | — |  |  | (17,084) |  |  | — |  |  | (17,084) |
Net balance as of July 31, 2024 |  | $ | 337,883 |  |  | $ | 65,064 |  |  | $ | 948,674 |  |  | $ | 435,352 |  |  | $ | 1,786,973 |
Fiscal year 2025 activity: |  |  |  |  |  |  |  |  |  |
Foreign currency translation and other |  | — |  |  | — |  |  | 54,145 |  |  | — |  |  | 54,145 |
Net balance as of July 31, 2025 |  | $ | 337,883 |  |  | $ | 65,064 |  |  | $ | 1,002,819 |  |  | $ | 435,352 |  |  | $ | 1,841,118 |
The components of the goodwill balances by reportable segment as of July 31, 2025 and July 31, 2024 are summarized as follows:
|  | North American Towable |  | North American Motorized |  | European |  | Other |  | Total
Goodwill |  | $ | 348,032 |  |  | $ | 82,316 |  |  | $ | 1,002,819 |  |  | $ | 435,352 |  |  | $ | 1,868,519 |
Accumulated impairment charges |  | (10,149) |  |  | (17,252) |  |  | — |  |  | — |  |  | (27,401) |
Net balance as of July 31, 2025 |  | $ | 337,883 |  |  | $ | 65,064 |  |  | $ | 1,002,819 |  |  | $ | 435,352 |  |  | $ | 1,841,118 |
|  | North American Towable |  | North American Motorized |  | European |  | Other |  | Total
Goodwill |  | $ | 348,032 |  |  | $ | 82,316 |  |  | $ | 948,674 |  |  | $ | 435,352 |  |  | $ | 1,814,374 |
Accumulated impairment charges |  | (10,149) |  |  | (17,252) |  |  | — |  |  | — |  |  | (27,401) |
Net balance as of July 31, 2024 |  | $ | 337,883 |  |  | $ | 65,064 |  |  | $ | 948,674 |  |  | $ | 435,352 |  |  | $ | 1,786,973 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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