v3.26.1
Other Intangible Assets
 12 Months Ended
Jul. 31, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets Other Intangible Assets
Other intangible assets include customer relationships, tradenames, and technology with finite lives being amortized in accordance with the accounting guidance for other intangible assets. The Company also has unamortized indefinite-lived tradenames that are classified as other intangible assets.
Other intangible assets as of July 31, 2026 and 2025 consisted of the following: 
July 31, 2026July 31, 2025
Weighted Average Amortization Period (Years)Gross Carrying AmountAccumulated AmortizationNet Book ValueWeighted Average Amortization Period (Years)Gross Carrying AmountAccumulated AmortizationNet Book Value
Amortized other intangible assets:
Tradenames2$897 $(897)$— 2$912 $(456)$456 
Customer relationships8136,959 (55,396)81,563 8125,497 (38,427)87,070 
Technology515,837 (7,305)8,532 520,471 (10,275)10,196 
Unamortized other intangible assets:
TradenamesN/A7,738 — 7,738 N/A7,652 — 7,652 
Total$161,431 $(63,598)$97,833 $154,532 $(49,158)$105,374 
The change in the gross carrying amount of amortized other intangible assets as of July 31, 2026 compared to July 31, 2025 was primarily due to the acquisition of Mecco completed during the year ended July 31, 2026, partially offset by the removal of two fully amortized technology assets.
The following table summarizes the fair value and weighted average amortization period of other intangible assets associated with the acquisition of Mecco:
Gross Carrying AmountWeighted Average Amortization Period (Years)
Customer relationships$12,050 6
Technology1,990 5
Total$14,040 
Amortization expense on intangible assets during the years ended July 31, 2026, 2025, and 2024 was $20,919, $18,916, and $9,421, respectively. Amortization expense over each of the next five fiscal years is projected to be $19,900, $19,488, $19,126, $14,317, and $9,738 for the fiscal years ending July 31, 2027, 2028, 2029, 2030, and 2031, respectively. Estimated future amortization expense for the next five years reflects the Company’s existing intangible assets as of July 31, 2026, and does not include any impact from the PSS acquisition, as the preliminary purchase price allocation is incomplete as of the issuance date of these consolidated financial statements.