Goodwill and Intangible Assets

3 Months Ended

Oct. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

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

(In thousands)	October 31, 2021		July 31, 2021
Amortized intangibles:
Supply contracts and customer relationships	$	55,438	$	55,598
Trade names	18,935		18,944
Licenses and databases	719		736
Accumulated amortization	(31,178)		(29,405)
Net intangibles	$	43,914	$	45,873

Aggregate amortization expense on amortizable intangible assets was $1.8 million and $1.8 million for the three months ended October 31, 2021 and 2020, respectively.

The change in the carrying amount of goodwill was as follows:

(In thousands)
Balance as of July 31, 2021	$	355,717
Effect of foreign currency exchange rates	(1,655)
Balance as of October 31, 2021	$	354,062