Intangibles, Net

12 Months Ended

Jul. 31, 2020

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Intangibles, Net

NOTE 6 — Intangibles, Net

The following table sets forth amortizable intangible assets by major asset class:

	Gross Carrying Amount				Accumulated Amortization				Net Book Value				Weighted Average Remaining Useful Life (in years)
	July 31,				July 31,				July 31,				July 31,
(In thousands, except remaining useful life)	2020		2019		2020		2019		2020		2019		2020	2019
Amortized intangibles:
Supply contracts and customer relationships	$	50,600	$	49,109	$	(16,780)	$	(11,900)	$	33,820	$	37,209	8	9
Trade names	23,635		23,501		(10,075)		(8,010)		13,560		15,491		6	7
Licenses and databases	7,630		7,688		(7,238)		(5,232)		392		2,456		3	2
Total Intangibles	$	81,865	$	80,298	$	(34,093)	$	(25,142)	$	47,772	$	55,156

Aggregate amortization expense on intangible assets was $8.9 million, $10.5 million and $14.0 million for the years ended July 31, 2020, 2019 and 2018, respectively. During the year ended July 31, 2018, the Company recognized a $1.1 million charge primarily related to fully impairing a supply contract in the International segment.

Intangible amortization expense for the next five fiscal years based upon July 31, 2020 intangible assets is expected to be as follows (In thousands):

2021	$	6,795
2022	6,138
2023	6,054
2024	5,842
2025	5,842
Thereafter	17,101
Total future intangible amortization expense	$	47,772