Intangible Assets

9 Months Ended

Apr. 30, 2026

Finite-Lived Intangible Assets, Net [Abstract]

Intangible assets with finite lives are as follows:


	April 30, 2026
	Weighted Average Amortization Period	Gross Carrying Amount		Accumulated Amortization	Net Carrying Amount
Customer relationships	20.2	$	294,258,000	159,557,000	$	134,701,000
Technologies	14.4	106,149,000		88,158,000	17,991,000
Trademarks and other	20.0	31,826,000		26,097,000	5,729,000
Total		$	432,233,000	273,812,000	$	158,421,000


	July 31, 2025
	Weighted Average Amortization Period	Gross Carrying Amount		Accumulated Amortization	Net Carrying Amount
Customer relationships	20.2	$	294,258,000	148,863,000	$	145,395,000
Technologies	13.6	106,149,000		85,439,000	20,710,000
Trademarks and other	16.9	31,826,000		24,826,000	7,000,000
Total		$	432,233,000	259,128,000	$	173,105,000

The weighted average amortization period in the above table excludes fully amortized intangible assets.

Amortization expense for the three and nine months ended April 30, 2026 was $4,597,000 and $14,684,000, respectively. Amortization expense for the three and nine months ended April 30, 2025 was $5,044,000 and $16,680,000, respectively.

The estimated amortization expense consists of the following for the fiscal years ending July 31:


2026	$	19,128,000
2027	17,774,000
2028	17,774,000
2029	16,353,000
2030	14,446,000

We review net intangible assets with finite lives for impairment when an event occurs indicating the potential for impairment. Based on our assessment, we believe that the carrying values of our net intangible assets were recoverable as of April 30, 2026. If business conditions deteriorate, we may be required to record impairment losses, and/or increase the amortization of intangibles in the future. Any impairment charges that we may record in the future could be material to our results of operations and financial condition.