Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Jul. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of reconciliation of goodwill

The following is a reconciliation of goodwill for the years ended July 31, 2017 and 2016 (in millions):

	Engine Products		Industrial Products			Total Goodwill
Balance as of July 31, 2015	$	71.0	$	152.7		$	223.7
Goodwill acquired	6.3		—			6.3
Foreign exchange translation	—		(0.7		)	(0.7		)
Balance as of July 31, 2016	77.3		152.0			229.3
Goodwill acquired	6.7		—			6.7
Foreign exchange translation	0.3		1.8			2.1
Balance as of July 31, 2017	$	84.3	$	153.8		$	238.1

Schedule of reconciliation of intangibles

The following is a reconciliation of intangible assets for the years ended July 31, 2017 and 2016 (in millions):

	Gross Carrying Amount		Accumulated Amortization			Net Intangible Assets
Balance as of July 31, 2015	$	87.1	$	(49.2	)	$	37.9
Intangibles acquired	6.6		—			6.6
Amortization expense	—		(6.1		)	(6.1		)
Foreign exchange translation	3.1		(3.0		)	0.1
Balance as of July 31, 2016	96.8		(58.3		)	38.5
Intangibles acquired	8.6		—			8.6
Amortization expense	—		(6.4		)	(6.4		)
Foreign exchange translation	1.2		(1.3		)	(0.1		)
Balance as of July 31, 2017	$	106.6	$	(66.0	)	$	40.6

Schedule of expected amortization expense

Expected amortization expense relating to existing intangible assets is as follows (in millions):

Year Ending July 31,	Amount
2018	$	5.4
2019	5.2
2020	4.9
2021	4.7
2022	3.6
Thereafter	16.8
Total expected amortization expense	$	40.6