Goodwill

12 Months Ended

Jul. 31, 2026

Intangible Asset, Goodwill and Other [Abstract]

Changes in the carrying amount of goodwill by reportable segment for the years ended July 31, 2026 and 2025, were as follows:


	Americas & Asia		Europe & Australia		Total
Balance as of July 31, 2024	$	439,179	$	150,432	$	589,611
Current year acquisitions	57,030		19,227		76,257
Translation adjustments	1,440		9,637		11,077

Balance as of July 31, 2025	$	497,649	$	179,296	$	676,945
Current year acquisitions	3,165		—		3,165
Translation adjustments	3,346		2,512		5,858
Balance as of July 31, 2026	$	504,160	$	181,808	$	685,968

Goodwill increased $9,023 during the year ended July 31, 2026 due to the acquisition of Mecco and the positive effects of foreign currency translation.

Goodwill increased $87,334 during the year ended July 31, 2025. Of the $87,334 increase, $66,178 was due to the acquisition of Gravotech, $10,079 was due to the acquisition of AB&R and $11,077 was due to the positive effects of foreign currency translation.

The qualitative assessment performed on May 1, 2026, in accordance with ASC 350, “Intangibles - Goodwill and Other” indicated that it is more likely than not that the fair value exceeds the carrying value for each of the three reporting units with goodwill (North America, Europe and Latin America).