Intangible Assets and Goodwill (Tables)

6 Months Ended

Jan. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Components of amortizable intangible assets

The components of amortizable intangible assets are as follows:

	January 31, 2021				July 31, 2020
			Accumulated				Accumulated
	Cost		Amortization		Cost		Amortization
Dealer networks/customer relationships	$	869,055	$	290,948	$	766,198	$	252,320
Trademarks	313,903		55,195		275,775		47,743
Design technology and other intangibles	219,876		52,245		213,468		40,654
Backlog	4,800		1,157		—		—
Non-compete agreements	1,400		58		—		—
Total amortizable intangible assets	$	1,409,034	$	399,603	$	1,255,441	$	340,717

Estimated amortization expense

Estimated future amortization expense is as follows:

For the remainder of the fiscal year ending July 31, 2021	$	60,929
For the fiscal year ending July 31, 2022	125,677
For the fiscal year ending July 31, 2023	107,038
For the fiscal year ending July 31, 2024	97,122
For the fiscal year ending July 31, 2025	88,894
For the fiscal year ending July 31, 2026 and thereafter	529,771
	$	1,009,431

Schedule of goodwill

Changes in the carrying amount of goodwill by reportable segment for the six months ended January 31, 2021 are summarized as follows:

	North American Towables		North American Motorized		European		Other		Total
Net balance as of August 1, 2020	$	333,786	$	—	$	1,037,929	$	104,826	$	1,476,541
Fiscal 2021 activity:
Goodwill acquired	18,845		43,491		—		17,882		80,218
Foreign currency translation	—		—		25,231		—		25,231
Net balance as of January 31, 2021	$	352,631	$	43,491	$	1,063,160	$	122,708	$	1,581,990

Changes in the carrying amount of goodwill by reportable segment for the six months ended January 31, 2020 are summarized as follows:

	North American Towables		North American Motorized		European		Other		Total
Net balance as of August 1, 2019	$	334,822	$	—	$	980,339	$	42,871	$	1,358,032
Fiscal 2020 activity:
Measurement period adjustments	—		—		5,087		—		5,087
Foreign currency translation	—		—		(8,890)		—		(8,890)
Impairment charge	(1,109)		—		—		—		(1,109)
Net balance as of January 31, 2020	$	333,712	$	—	$	976,536	$	42,871	$	1,353,120