Intangible Assets and Goodwill (Tables)

3 Months Ended

Oct. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Components of Amortizable Intangible Assets

The components of amortizable intangible assets are as follows:

	October 31, 2022				July 31, 2022
			Accumulated				Accumulated
	Cost		Amortization		Cost		Amortization
Dealer networks/customer relationships	$	1,081,724	$	442,137	$	1,090,528	$	420,623
Trademarks	347,992		81,482		351,152		77,660
Design technology and other intangibles	249,374		85,181		253,918		80,465
Non-compete agreements	1,400		875		1,400		758
Total amortizable intangible assets	$	1,680,490	$	609,675	$	1,696,998	$	579,506

Summary of Estimated Amortization Expense

Estimated future amortization expense is as follows:

For the remainder of the fiscal year ending July 31, 2023	$	103,930
For the fiscal year ending July 31, 2024	127,009
For the fiscal year ending July 31, 2025	115,118
For the fiscal year ending July 31, 2026	103,770
For the fiscal year ending July 31, 2027	94,899
For the fiscal year ending July 31, 2028 and thereafter	526,089
	$	1,070,815

Schedule of Goodwill

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

	North American Towables		North American Motorized		European		Other		Total
Net balance as of August 1, 2022	$	344,975	$	53,875	$	893,383	$	511,918	$	1,804,151
Fiscal 2023 activity:
Measurement period adjustments	—		—		—		4,682		4,682
Foreign currency translation	—		—		(24,879)		—		(24,879)
Net balance as of October 31, 2022	$	344,975	$	53,875	$	868,504	$	516,600	$	1,783,954

Changes in the carrying amount of goodwill by reportable segment for the three months ended October 31, 2021 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	—		—		—		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