Goodwill and Intangible Assets

9 Months Ended

Apr. 30, 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)	April 30, 2022		July 31, 2021
Amortized intangibles:
Supply contracts and customer relationships	$	56,158	$	55,598
Trade names	18,906		18,944
Licenses and databases	657		736
Accumulated amortization	(34,867)		(29,405)
Intangibles, net	$	40,854	$	45,873

Aggregate amortization expense on amortizable intangible assets was $1.9 million and $1.8 million for the three months ended April 30, 2022 and 2021, respectively, and $5.6 million and $5.3 million for the nine months ended April 30, 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	(7,897)
Balance as of April 30, 2022	$	348,000