Goodwill and Intangible Assets

6 Months Ended

Jan. 31, 2022

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)	January 31, 2022		July 31, 2021
Amortized intangibles:
Supply contracts and customer relationships	$	56,145	$	55,598
Trade names	18,926		18,944
Licenses and databases	696		736
Accumulated amortization	(33,036)		(29,405)
Net intangibles	$	42,731	$	45,873

Aggregate amortization expense on amortizable intangible assets was $1.8 million and $1.8 million for the three months ended January 31, 2022 and 2021, respectively, and $3.7 million and $3.5 million for the six months ended January 31, 2022 and 2021, respectively.

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

(In thousands)
Balance as of July 31, 2021	$	355,717
Acquisitions during the period	180
Effect of foreign currency exchange rates	(2,989)
Balance as of January 31, 2022	$	352,908