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Intangible Assets and Goodwill (Tables)
 3 Months Ended
Oct. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Components of amortizable intangible assets
The components of amortizable intangible assets are as follows:

October 31, 2021July 31, 2021
Accumulated
Accumulated
CostAmortizationCost
Amortization
Dealer networks/customer relationships
$1,139,935 $347,875 $861,562 $327,751 
Trademarks
366,152 66,670 311,208 62,675 
Design technology and other intangibles
273,37067,615215,95662,237
Non-compete agreements
1,4004081,400292
Total amortizable intangible assets
$1,780,857 $482,568 $1,390,126 $452,955 
Estimated amortization expense
Estimated future amortization expense is as follows:

For the remainder of the fiscal year ending July 31, 2022$126,544
For the fiscal year ending July 31, 2023147,390
For the fiscal year ending July 31, 2024134,611
For the fiscal year ending July 31, 2025122,120
For the fiscal year ending July 31, 2026110,251
For the fiscal year ending July 31, 2027 and thereafter657,373
$1,298,289
Schedule of goodwill
Changes in the carrying amount of goodwill for the three months ended October 31, 2021 are summarized as follows:

North American TowablesNorth American MotorizedEuropeanOtherTotal
Net balance as of August 1, 2021$344,975 $53,875 $1,041,697 $122,708 $1,563,255 
Fiscal 2022 activity:
Goodwill acquired— — — 373,685 373,685 
Foreign currency translation — — (21,552)— (21,552)
Net balance as of October 31, 2021$344,975 $53,875 $1,020,145 $496,393 $1,915,388 

Changes in the carrying amount of goodwill for the three months ended October 31, 2020 are summarized as follows:

North American TowablesNorth American MotorizedEuropeanOtherTotal
Net balance as of August 1, 2020$333,786 $— $1,037,929 $104,826 $1,476,541 
Fiscal 2021 activity:
Goodwill acquired— — — 17,882 17,882 
Foreign currency translation— — (13,140)— (13,140)
Net balance as of October 31, 2020$333,786 $— $1,024,789 $122,708 $1,481,283