Goodwill and Intangible Assets, net (Tables)
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9 Months Ended |
Apr. 30, 2024 |
| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Schedule of Goodwill |
Changes to goodwill as of April 30, 2024, were as follows: | | | | | | | (in thousands) | | | Goodwill as of July 31, 2023 | $ | 425,209 | | Addition for acquisition | 58,609 | | | Goodwill as of April 30, 2024 | $ | 483,818 | |
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| Schedule of Finite-Lived Intangible Assets |
Intangible assets, net were comprised of the following: | | | | | | | | | | | | | | | | | | | April 30, 2024 | | (in thousands) | Gross carrying amount | | Accumulated amortization | | Net carrying amount | | Definite-lived intangible assets: | | | | | | Customer relationships | $ | 92,720 | | | $ | (55,063) | | | $ | 37,657 | | | | | | | | | Total definite-lived intangible assets | 92,720 | | | (55,063) | | | 37,657 | | | | | | | | | Indefinite-lived intangible assets: | | | | | Trade names | 156,600 | | | — | | | 156,600 | | | Lane rights | 1,300 | | | — | | | 1,300 | | | Total indefinite-lived intangible assets | 157,900 | | | — | | | 157,900 | | Total intangible assets, net | $ | 250,620 | | | $ | (55,063) | | | $ | 195,557 | |
| | | | | | | | | | | | | | | | | | | | | July 31, 2023 | | (in thousands) | Gross carrying amount | | Accumulated amortization | | | | Net carrying amount | | Definite-lived intangible assets: | | | | | | | | | Customer relationships | $ | 92,720 | | | $ | (49,393) | | | | | $ | 43,327 | | | | | | | | | | | Total definite-lived intangible assets | 92,720 | | | (49,393) | | | | | 43,327 | | | | | | | | | | | Indefinite-lived intangible assets: | | | | | | | | | Trade names | 139,600 | | | — | | | | | 139,600 | | | Lane rights | 1,300 | | | — | | | | | 1,300 | | | Total indefinite-lived intangible assets | 140,900 | | | — | | | | | 140,900 | | Total intangible assets, net | $ | 233,620 | | | $ | (49,393) | | | | | $ | 184,227 | |
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| Schedule of Indefinite-Lived Intangible Assets |
Intangible assets, net were comprised of the following: | | | | | | | | | | | | | | | | | | | April 30, 2024 | | (in thousands) | Gross carrying amount | | Accumulated amortization | | Net carrying amount | | Definite-lived intangible assets: | | | | | | Customer relationships | $ | 92,720 | | | $ | (55,063) | | | $ | 37,657 | | | | | | | | | Total definite-lived intangible assets | 92,720 | | | (55,063) | | | 37,657 | | | | | | | | | Indefinite-lived intangible assets: | | | | | Trade names | 156,600 | | | — | | | 156,600 | | | Lane rights | 1,300 | | | — | | | 1,300 | | | Total indefinite-lived intangible assets | 157,900 | | | — | | | 157,900 | | Total intangible assets, net | $ | 250,620 | | | $ | (55,063) | | | $ | 195,557 | |
| | | | | | | | | | | | | | | | | | | | | July 31, 2023 | | (in thousands) | Gross carrying amount | | Accumulated amortization | | | | Net carrying amount | | Definite-lived intangible assets: | | | | | | | | | Customer relationships | $ | 92,720 | | | $ | (49,393) | | | | | $ | 43,327 | | | | | | | | | | | Total definite-lived intangible assets | 92,720 | | | (49,393) | | | | | 43,327 | | | | | | | | | | | Indefinite-lived intangible assets: | | | | | | | | | Trade names | 139,600 | | | — | | | | | 139,600 | | | Lane rights | 1,300 | | | — | | | | | 1,300 | | | Total indefinite-lived intangible assets | 140,900 | | | — | | | | | 140,900 | | Total intangible assets, net | $ | 233,620 | | | $ | (49,393) | | | | | $ | 184,227 | |
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| Schedule of Finite-Lived Intangible Assets, Future Amortization Expense |
Estimated future amortization expense for each of the following five fiscal years and thereafter is as follows: | | | | | | | (in thousands) | Amount | Remainder of 2024 | $ | 1,890 | | | 2025 | 7,560 | | | 2026 | 7,560 | | | 2027 | 7,560 | | | 2028 | 7,560 | | 2029 and thereafter | 5,527 | | | Total | $ | 37,657 | |
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