Goodwill

12 Months Ended

Jul. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

Goodwill

Changes in the carrying amount of goodwill by reportable segment for the years ended July 31, 2025 and 2024, were as follows:

	Americas & Asia		Europe & Australia		Total
Balance as of July 31, 2023	$	441,415	$	151,231	$	592,646
Translation adjustments	(2,236)		(799)		(3,035)
Balance as of July 31, 2024	$	439,179	$	150,432	$	589,611
Current year acquisitions	57,030		19,227		76,257
Translation adjustments	1,440		9,637		11,077
Balance as of July 31, 2025	$	497,649	$	179,296	$	676,945

Goodwill increased $87,334 during the year ended July 31, 2025. Of the $87,334 increase, $66,178 was due to the acquisition of Gravotech, $10,079 was due to the acquisition of AB&R and $11,077 was due to the positive effects of foreign currency translation.

Goodwill decreased $3,035 during the year ended July 31, 2024 due to the negative effects of foreign currency translation.

The qualitative assessment performed on May 1, 2025, in accordance with ASC 350, “Intangibles - Goodwill and Other” indicated that it is more likely than not that the fair value exceeds the carrying value for each of the three reporting units with goodwill (North America, Europe and Latin America).