Intangible Assets and Goodwill (Tables)

9 Months Ended

Apr. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Components of amortizable intangible assets

The components of amortizable intangible assets are as follows:

	April 30, 2022				July 31, 2021
			Accumulated				Accumulated
	Cost		Amortization		Cost		Amortization
Dealer networks/customer relationships	$	1,101,130	$	395,387	$	861,562	$	327,751
Trademarks	354,944		73,863		311,208		62,675
Design technology and other intangibles	259,390		75,823		215,956		62,237
Non-compete agreements	1,400		642		1,400		292
Total amortizable intangible assets	$	1,716,864	$	545,715	$	1,390,126	$	452,955

Estimated amortization expense

Estimated future amortization expense is as follows:

For the remainder of the fiscal year ending July 31, 2022	$	39,826
For the fiscal year ending July 31, 2023	142,346
For the fiscal year ending July 31, 2024	130,006
For the fiscal year ending July 31, 2025	117,898
For the fiscal year ending July 31, 2026	106,362
For the fiscal year ending July 31, 2027 and thereafter	634,711
	$	1,171,149

Schedule of goodwill

Changes in the carrying amount of goodwill by reportable segment for the nine months ended April 30, 2022 are summarized as follows:

	North American Towables		North American Motorized		European		Other		Total
Net balance as of August 1, 2021	$	344,975	$	53,875	$	1,041,697	$	122,708	$	1,563,255
Fiscal 2022 activity:
Goodwill acquired	—		—		—		389,838		389,838
Measurement period adjustments	—		—		—		134		134
Foreign currency translation	—		—		(118,354)		—		(118,354)
Net balance as of April 30, 2022	$	344,975	$	53,875	$	923,343	$	512,680	$	1,834,873

Changes in the carrying amount of goodwill by reportable segment for the nine months ended April 30, 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
Measurement period adjustments	(7,656)		8,225		—		—		569
Foreign currency translation	—		—		20,500		—		20,500
Net balance as of April 30, 2021	$	344,975	$	51,716	$	1,058,429	$	122,708	$	1,577,828