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PRODUCT WARRANTY
12 Months Ended
Jul. 31, 2020
Guarantees and Product Warranties [Abstract]  
PRODUCT WARRANTY PRODUCT WARRANTY
The Company generally provides retail customers of its products with a 1 year or 2 year warranty covering defects in material or workmanship, with longer warranties on certain structural components. The Company records a liability based on its best estimate of the amounts necessary to settle future and existing claims on products sold as of the balance sheet date. Factors used in estimating the warranty liability include a history of retail units sold, existing dealer inventory, average cost incurred and a profile of the distribution of warranty expenditures over the warranty period. Actual claims incurred could differ from estimates, requiring adjustments to the liabilities.
Changes in our product warranty liabilities during the indicated periods are as follows:

202020192018
Beginning balance$289,679 $264,928 $216,781 
Provision198,873 233,927 259,845 
Payments(238,590)(251,071)(211,698)
Acquisition 43,329  
Foreign currency translation2,907 (1,434) 
Ending balance$252,869 $289,679 $264,928