Intangible Assets and Goodwill (Tables)

6 Months Ended

Jan. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Components of amortizable intangible assets

The components of amortizable intangible assets are as follows:

	January 31, 2023				July 31, 2022
			Accumulated				Accumulated
	Cost		Amortization		Cost		Amortization
Dealer networks/customer relationships	$	1,106,383	$	475,126	$	1,090,528	$	420,623
Trademarks	353,456		86,839		351,152		77,660
Design technology and other intangibles	255,828		93,547		253,918		80,465
Non-compete agreements	1,400		992		1,400		758
Total amortizable intangible assets	$	1,717,067	$	656,504	$	1,696,998	$	579,506

Estimated amortization expense

Estimated future amortization expense is as follows:

For the remainder of the fiscal year ending July 31, 2023	$	70,373
For the fiscal year ending July 31, 2024	129,167
For the fiscal year ending July 31, 2025	117,280
For the fiscal year ending July 31, 2026	106,021
For the fiscal year ending July 31, 2027	97,312
For the fiscal year ending July 31, 2028 and thereafter	540,410
	$	1,060,563

Schedule of goodwill

Changes in the carrying amount of goodwill by reportable segment for the six months ended January 31, 2023 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:
Goodwill acquired	4,097		—		—		—		4,097
Measurement period adjustments	—		—		—		4,682		4,682
Foreign currency translation	—		—		55,729		—		55,729
Deconsolidation of Roadpass Digital	—		—		—		(84,883)		(84,883)
Net balance as of January 31, 2023	$	349,072	$	53,875	$	949,112	$	431,717	$	1,783,776

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