INTANGIBLE ASSETS, GOODWILL AND LONG-LIVED ASSETS (Tables)

12 Months Ended

Jul. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Components of Amortizable Intangible Assets

The components of amortizable intangible assets are as follows:

	July 31, 2020				July 31, 2019
	Cost		Accumulated Amortization		Cost		Accumulated Amortization
Dealer networks/customer relationships	$	766,198	$	252,320	$	750,641	$	191,017
Trademarks	275,775		47,743		268,778		34,518
Design technology and other intangibles	213,468		40,654		196,616		19,689
Total amortizable intangible assets	$	1,255,441	$	340,717	$	1,216,035	$	245,224

Estimated Amortization Expense

Estimated annual amortization expense is as follows:

For the fiscal year ending July 31, 2021	$	108,713
For the fiscal year ending July 31, 2022	112,674
For the fiscal year ending July 31, 2023	92,063
For the fiscal year ending July 31, 2024	83,381
For the fiscal year ending July 31, 2025	76,410
For the fiscal year ending July 31, 2026 and thereafter	441,483
	$	914,724

Changes in Carrying Amount of Goodwill by Reportable Segment

Changes in the carrying amount of goodwill by reportable segment as of July 31, 2020 and July 31, 2019 are summarized as follows:

	North American Towables		North  American Motorized		European		Other		Total
Net balance as of July 31, 2018	$	334,822	$	—	$	—	$	42,871	$	377,693
Fiscal year 2019 activity:
Goodwill acquired	—		—		1,008,472		—		1,008,472
Foreign currency translation and other	—		—		(28,133)		—		(28,133)
Net balance as of July 31, 2019	$	334,822	$	—	$	980,339	$	42,871	$	1,358,032
Goodwill acquired	—		—		—		62,366		62,366
Measurement period adjustment	—		—		1,282		(411)		871
Foreign currency translation and other	—		—		56,308		—		56,308
Impairment charge	(1,036)		—		—		—		(1,036)
Net balance as of July 31, 2020	$	333,786	$	—	$	1,037,929	$	104,826	$	1,476,541

The components of the goodwill balances as of July 31, 2020 and July 31, 2019 are summarized as follows:

	North American Towables		North  American Motorized		European		Other		Total
Goodwill	$	343,935	$	17,252	$	1,037,929	$	104,826	$	1,503,942
Accumulated impairment charges	(10,149)		(17,252)		—		—		(27,401)
Net balance as of July 31, 2020	$	333,786	$	—	$	1,037,929	$	104,826	$	1,476,541

	North American Towables		North  American Motorized		European		Other		Total
Goodwill	$	343,935	$	17,252	$	980,339	$	42,871	$	1,384,397
Accumulated impairment charges	(9,113)		(17,252)		—		—		(26,365)
Net balance as of July 31, 2019	$	334,822	$	—	$	980,339	$	42,871	$	1,358,032