Goodwill and Intangible Assets

3 Months Ended

Oct. 31, 2024

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, 2024		July 31, 2024
Amortized intangibles:
Supply contracts and customer relationships	$	86,066	$	84,228
Trade names	19,303		19,299
Licenses and databases	16,575		16,571
Indefinite-lived intangibles:
Trade names	16,580		16,555
Accumulated amortization	(66,012)		(62,565)
Intangibles, net	$	72,512	$	74,088

Aggregate amortization expense on amortizable intangible assets was $3.6 million and $3.1 million for the three months ended October 31, 2024 and 2023, respectively.

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

(In thousands)
Balance as of July 31, 2024	$	513,909
Acquisitions during the period	207
Effect of foreign currency exchange rates	367
Balance as of October 31, 2024	$	514,483