XML 27 R11.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Intangible Assets and Long-Lived Assets | 12 Months Ended
--- | ---
Jul. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets Disclosure | Other Intangible and Long-Lived AssetsOther intangible assets include customer relationships, tradenames, and technology with finite lives being amortized in accordance with the accounting guidance for other intangible assets. The Company also has unamortized indefinite-lived tradenames that are classified as other intangible assets. Other intangible assets as of July 31, 2022 and 2021, consisted of the following:
| July 31, 2022 |  | July 31, 2021
| Weighted Average Amortization Period (Years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Book Value |  | Weighted Average Amortization Period (Years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Book Value
Amortized other intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tradenames | 3 |  | $ | 1,749 |  |  | $ | (1,014) |  |  | $ | 735 |  |  | 3 |  | $ | 1,821 |  |  | $ | (356) |  |  | $ | 1,465 |
Customer relationships | 9 |  | 105,404 |  |  | (48,428) |  |  | 56,976 |  |  | 9 |  | 110,950 |  |  | (39,069) |  |  | 71,881 |
Technology | 5 |  | 9,136 |  |  | (2,241) |  |  | 6,895 |  |  | 5 |  | 9,578 |  |  | (335) |  |  | 9,243 |
Unamortized other intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tradenames | N/A |  | 9,422 |  |  | — |  |  | 9,422 |  |  | N/A |  | 9,745 |  |  | — |  |  | 9,745 |
Total |  |  | $ | 125,711 |  |  | $ | (51,683) |  |  | $ | 74,028 |  |  |  |  | $ | 132,094 |  |  | $ | (39,760) |  |  | $ | 92,334 |
The change in the gross carrying amount of other intangible assets as of July 31, 2022 compared to July 31, 2021 was primarily due to the effect of currency fluctuations during the during the year ended July 31, 2022. Amortization expense on intangible assets during the years ended July 31, 2022, 2021, and 2020 was $14,966, $7,077, and $5,219, respectively. Amortization expense over each of the next five fiscal years is projected to be $11,739, $9,312, $8,987, $8,114, and $7,628 for the fiscal years ending July 31, 2023, 2024, 2025, 2026, and 2027, respectively. During the year ended July 31, 2020, impairment charges of $8,665 were recognized related to indefinite-lived tradenames. In addition, impairment charges of $2,681 were recognized related to property, plant and equipment; of which $2,353 and $328 related to the IDS and WPS segments, respectively. Impairment charges of $2,475 were recognized related to operating lease assets, of which $2,035 and $440 related to the WPS and IDS segments, respectively. These items resulted in a total impairment charge of $13,821 recognized in "Impairment charges" on the Consolidated Statements of Income for the year ended July 31, 2020.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=2144471 + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration