INTANGIBLE ASSETS AND GOODWILL (Tables)

12 Months Ended

Jul. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Components of Amortizable Intangible Assets

The components of amortizable intangible assets are as follows:

 

	July 31, 2023				July 31, 2022
	Cost		Accumulated Amortization		Cost		Accumulated Amortization
Dealer networks/customer relationships	$	1,112,273	$	526,327	$	1,090,528	$	420,623
Trademarks	355,560		96,087		351,152		77,660
Design technology and other intangibles	258,868		107,483		253,918		80,465
Non-compete agreements	1,400		1,225		1,400		758
Total amortizable intangible assets	$	1,728,101	$	731,122	$	1,696,998	$	579,506

Estimated Amortization Expense

Estimated annual amortization expense is as follows:

For the fiscal year ending July 31, 2024	$	130,081
For the fiscal year ending July 31, 2025	118,128
For the fiscal year ending July 31, 2026	106,812
For the fiscal year ending July 31, 2027	98,054
For the fiscal year ending July 31, 2028	90,640
For the fiscal year ending July 31, 2029 and thereafter	453,264
	$	996,979

Changes in Carrying Amount of Goodwill by Reportable Segment

Changes in the carrying amount of goodwill by reportable segment as of July 31, 2023 and July 31, 2022 are summarized as follows:

 

	North American Towable		North  American Motorized		European		Other		Total
Net balance as of July 31, 2021	$	344,975	$	53,875	$	1,041,697	$	122,708	$	1,563,255
Fiscal year 2022 activity:
Goodwill acquired	—		—		—		389,838		389,838
Measurement period adjustments	—		—		—		(628)		(628)
Foreign currency translation and other	—		—		(148,314)		—		(148,314)
Net balance as of July 31, 2022	$	344,975	$	53,875	$	893,383	$	511,918	$	1,804,151
Fiscal year 2023 activity:
Goodwill acquired	4,097		—		—		—		4,097
Measurement period adjustments	—		—		—		4,682		4,682
Foreign currency translation and other	(11,189)		11,189		72,375		—		72,375
Deconsolidation of Roadpass Digital	—		—		—		(84,883)		(84,883)
Net balance as of July 31, 2023	$	337,883	$	65,064	$	965,758	$	431,717	$	1,800,422

The components of the goodwill balances as of July 31, 2023 and July 31, 2022 are summarized as follows:

 

	North American Towable		North  American Motorized		European		Other		Total
Goodwill	$	348,032	$	82,316	$	965,758	$	431,717	$	1,827,823
Accumulated impairment charges	(10,149)		(17,252)		—		—		(27,401)
Net balance as of July 31, 2023	$	337,883	$	65,064	$	965,758	$	431,717	$	1,800,422

 

	North American Towable		North  American Motorized		European		Other		Total
Goodwill	$	355,124	$	71,127	$	893,383	$	511,918	$	1,831,552
Accumulated impairment charges	(10,149)		(17,252)		—		—		(27,401)
Net balance as of July 31, 2022	$	344,975	$	53,875	$	893,383	$	511,918	$	1,804,151