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PRODUCT WARRANTY
12 Months Ended
Jul. 31, 2022
Guarantees and Product Warranties [Abstract]  
PRODUCT WARRANTY PRODUCT WARRANTY
The Company generally provides retail customers of its products with a one- or two-year warranty covering defects in material or workmanship, with longer warranties on certain structural components. The Company records a liability based on its best estimate of the amounts necessary to settle future and existing claims on products sold as of the balance sheet date. Factors used in estimating the warranty liability include a history of retail units sold, existing dealer inventory, average cost incurred and a profile of the distribution of warranty expenditures over the warranty period. Actual claims incurred could differ from estimates, requiring adjustments to the liabilities.

Changes in our product warranty liabilities during the indicated periods are as follows:

202220212020
Beginning balance$267,620 $252,869 $289,679 
Provision339,009 261,851 198,873 
Payments(290,407)(258,624)(238,590)
Acquisitions9,828 11,032 — 
Foreign currency translation(8,142)492 2,907 
Ending balance$317,908 $267,620 $252,869