Intangible Assets

12 Months Ended

Jul. 31, 2026

Intangible Asset, Finite-Lived, after Accumulated Amortization [Abstract]

Intangible assets with finite lives as of July 31, 2026 and 2025 are as follows:


	July 31, 2026
	Weighted Average Amortization Period	Gross Carrying Amount		Accumulated Amortization	Net Carrying Amount
Customer relationships	20.4	$	223,927,000	115,273,000	$	108,654,000
Technologies	14.4	35,356,000		27,842,000	7,514,000
Trademarks and other	20.0	17,132,000		12,636,000	4,496,000
Total		$	276,415,000	155,751,000	$	120,664,000


	July 31, 2025
	Weighted Average Amortization Period	Gross Carrying Amount		Accumulated Amortization	Net Carrying Amount
Customer relationships	20.4	$	223,927,000	103,237,000	$	120,690,000
Technologies	14.4	35,356,000		26,008,000	9,348,000
Trademarks and other	18.5	17,132,000		11,743,000	5,389,000
Total		$	276,415,000	140,988,000	$	135,427,000

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

Amortization expense for the fiscal years ended July 31, 2026 and 2025 was $14,763,000 and $15,154,000.

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


2027	$	14,255,000
2028	14,255,000
2029	13,069,000
2030	11,162,000
2031	10,784,000

We review net intangible assets with finite lives for impairment when an event occurs indicating the potential for impairment. Based on our fiscal 2026 assessment, we believe that the carrying values of our net intangible assets were recoverable as of July 31, 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.