XML 33 R22.htm IDEA: XBRL DOCUMENT v3.22.4
Intangible Assets
 6 Months Ended
Jan. 31, 2023
Finite-Lived Intangible Assets, Net [Abstract]  
Intangible Assets Intangible Assets
Intangible assets with finite lives are as follows:
 January 31, 2023
 Weighted Average
Amortization Period		Gross Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount
Customer relationships20.2$302,058,000 114,643,000 $187,415,000 
Technologies14.8114,949,000 78,235,000 36,714,000 
Trademarks and other16.732,926,000 20,450,000 12,476,000 
Total $449,933,000 213,328,000 $236,605,000 

 July 31, 2022
 Weighted Average
Amortization Period		Gross Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount
Customer relationships20.2$302,058,000 107,500,000 $194,558,000 
Technologies14.8114,949,000 75,798,000 39,151,000 
Trademarks and other16.732,926,000 19,332,000 13,594,000 
Total $449,933,000 202,630,000 $247,303,000 

The weighted average amortization period in the above table excludes fully amortized intangible assets.

Amortization expense for both the three months ended January 31, 2023 and 2022 was $5,349,000 and for both the six months ended January 31, 2023 and 2022 was $10,698,000.

The estimated amortization expense consists of the following for the fiscal years ending July 31:
2023$21,556,000 
202421,154,000 
202521,039,000 
202619,888,000 
202718,534,000 
We review net intangible assets with finite lives for impairment when an event occurs indicating the potential for impairment. Based on our last assessment, we believe that the carrying values of our net intangible assets were recoverable as of January 31, 2023. However, if business conditions deteriorate, we may be required to record impairment losses, and or increase the amortization of intangibles in the future. Any impairment charges that we may record in the future could be material to our results of operations and financial condition.