Intangible Assets and Goodwill (Tables)

6 Months Ended

Jan. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Components of amortizable intangible assets

The components of amortizable intangible assets are as follows:

	January 31, 2022				July 31, 2021
			Accumulated				Accumulated
	Cost		Amortization		Cost		Amortization
Dealer networks/customer relationships	$	1,124,776	$	376,085	$	861,562	$	327,751
Trademarks	361,817		70,459		311,208		62,675
Design technology and other intangibles	269,246		72,223		215,956		62,237
Non-compete agreements	1,400		525		1,400		292
Total amortizable intangible assets	$	1,757,239	$	519,292	$	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	$	81,685
For the fiscal year ending July 31, 2023	145,539
For the fiscal year ending July 31, 2024	132,955
For the fiscal year ending July 31, 2025	120,633
For the fiscal year ending July 31, 2026	108,912
For the fiscal year ending July 31, 2027 and thereafter	648,223
	$	1,237,947

Schedule of goodwill

Changes in the carrying amount of goodwill by reportable segment for the six months ended January 31, 2022 are summarized as follows:

	North American Towables		North American Motorized		European		Other		Total
Net balance as of August 1, 2021	$	344,975	$	53,875	$	1,041,697	$	122,708	$	1,563,255
Fiscal 2022 activity:
Goodwill acquired	—		—		—		389,838		389,838
Measurement period adjustments	—		—		—		49		49
Foreign currency translation	—		—		(64,390)		—		(64,390)
Net balance as of January 31, 2022	$	344,975	$	53,875	$	977,307	$	512,595	$	1,888,752

Changes in the carrying amount of goodwill by reportable segment for the six months ended January 31, 2021 are summarized as follows:

	North American Towables		North American Motorized		European		Other		Total
Net balance as of August 1, 2020	$	333,786	$	—	$	1,037,929	$	104,826	$	1,476,541
Fiscal 2021 activity:
Goodwill acquired	18,845		43,491		—		17,882		80,218
Foreign currency translation	—		—		25,231		—		25,231
Net balance as of January 31, 2021	$	352,631	$	43,491	$	1,063,160	$	122,708	$	1,581,990