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Goodwill and Acquired Intangible Assets (Tables)
12 Months Ended
Jul. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill consisted of the following:
Amount
(in thousands)
Balance as of July 31, 2023 $89,192 
Goodwill acquired327,837 
Balance as of July 31, 2024 $417,029 
Schedule of Acquired Intangible Assets
Changes in acquired intangible assets for July 31, 2024 and 2023, consisted of the following:
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountWeighted Average Remaining Useful life
July 31, 2023AdditionsJuly 31, 2024July 31, 2023Amortization ExpenseJuly 31, 2024July 31, 2023July 31, 2024July 31, 2024
(in thousands)(years)
Developed technology$53,456 $46,200 $99,656 $(29,259)$(13,392)$(42,651)$24,197 $57,005 4.2
Customer relationships3,560 6,400 9,960 (1,898)(1,232)(3,130)1,662 6,830 4.4
Total$57,016 $52,600 $109,616 $(31,157)$(14,624)$(45,781)$25,859 $63,835 4.2
Schedule of Future Amortization Expense
Future amortization expense of acquired intangible assets as of July 31, 2024 consists of the following:
Amount
(in thousands)
Fiscal Year ending July 31,
2025$16,785 
202615,772 
202712,948 
202811,115 
20297,215 
Total
$63,835