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Goodwill and Intangible Assets (Tables)
9 Months Ended
Apr. 29, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill for fiscal 2017 were as follows (dollars in thousands):
 
Goodwill
 
Accumulated Impairment Losses
 
Total
Balance as of July 30, 2016
$
505,924

 
$
(195,767
)
 
$
310,157

Goodwill from fiscal 2017 acquisition
10,309

 

 
10,309

Purchase price allocation adjustments from fiscal 2016 acquisitions
2,769

 

 
2,769

Balance as of April 29, 2017
$
519,002

 
$
(195,767
)
 
$
323,235

Impairment Calculation Rates

The table below outlines certain assumptions in each of the Company’s fiscal 2016, 2015, and 2014 annual quantitative impairment analyses:
 
2016
 
2015
 
2014
Terminal Growth Rate
2.0% - 3.0%
 
1.5% - 2.5%
 
1.5% - 3.0%
Discount Rate
11.5%
 
11.5%
 
11.5%
Schedule of Intangible Assets
The Company’s intangible assets consisted of the following (dollars in thousands):
 
April 29, 2017
 
July 30, 2016
 
Weighted Average Remaining Useful Lives (Years)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Intangible Assets, Net
 
Gross Carrying Amount
 
Accumulated Amortization
 
Intangible Assets, Net
Customer relationships
12.3
 
$
299,717

 
$
118,203

 
$
181,514

 
$
289,955

 
$
101,012

 
$
188,943

Trade names
7.3
 
10,350

 
6,914

 
3,436

 
9,800

 
6,034

 
3,766

UtiliQuest trade name
 
4,700

 

 
4,700

 
4,700

 

 
4,700

Non-compete agreements
2.5
 
685

 
484

 
201

 
685

 
329

 
356

Contract backlog
 

 

 

 
4,780

 
4,666

 
114

 
 
 
$
315,452

 
$
125,601

 
$
189,851

 
$
309,920

 
$
112,041

 
$
197,879