Goodwill and Intangible Assets (Tables)

9 Months Ended

Apr. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of reconciliation of goodwill

Goodwill by reportable segment was as follows (in millions):

	Engine Products Segment		Industrial Products Segment		Total
Balance as of July 31, 2021	$	84.7	$	237.8	$	322.5
Goodwill acquired	—		29.4		29.4
Foreign currency translation	(0.8)		(14.5)		(15.3)
Balance as of April 30, 2022	$	83.9	$	252.7	$	336.6

Schedule of finite-lived intangible assets

Intangible asset classes were as follows (in millions):

	Customer Relationships						Patents, Trademarks and Technology
	Gross Carrying Amount		Accumulated Amortization		Total Net Value		Gross Carrying Amount		Accumulated Amortization		Total Net Value		Total
Balance as of July 31, 2021	$	107.5	$	(56.4)	$	51.1	$	24.3	$	(13.8)	$	10.5	$	61.6
Intangible assets acquired	3.2		—		3.2		20.6		—		20.6		23.8
Amortization expense	—		(4.7)		(4.7)		—		(2.2)		(2.2)		(6.9)
Foreign currency translation	(4.5)		1.5		(3.0)		(2.0)		0.3		(1.7)		(4.7)
Balance as of April 30, 2022	$	106.2	$	(59.6)	$	46.6	$	42.9	$	(15.7)	$	27.2	$	73.8