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Intangible Assets and Goodwill (Tables)
6 Months Ended
Jan. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Components of Amortizable Intangible Assets
The components of amortizable intangible assets are as follows:
Weighted-Average
RemainingJanuary 31, 2020July 31, 2019
Life in Years atAccumulated
Accumulated
January 31, 2020CostAmortizationCost
Amortization
Dealer networks/customer relationships
18$740,172  $217,913  $750,641  $191,017  
Trademarks
17265,889  40,511  268,778  34,518  
Design technology and other intangibles
9195,032  29,058  196,616  19,689  
Total amortizable intangible assets
$1,201,093  $287,482  $1,216,035  $245,224  
Estimated Amortization Expense
Estimated future amortization expense is as follows:
For the remainder of the fiscal year ending July 31, 2020$48,067  
For the fiscal year ending July 31, 2021102,893  
For the fiscal year ending July 31, 2022106,460  
For the fiscal year ending July 31, 202387,155  
For the fiscal year ending July 31, 202478,786  
For the fiscal year ending July 31, 2025 and thereafter490,250  
$913,611  
Schedule of changes in the carrying amount of goodwill by reportable segment
Changes in the carrying amount of goodwill by reportable segment for the six months ended January 31, 2020 are summarized as follows:
North American TowablesNorth American MotorizedEuropeanOtherTotal
Net balance as of August 1, 2019$334,822  $—  $980,339  $42,871  $1,358,032  
Fiscal 2020 activity:
Measurement period adjustments—  —  5,087  —  5,087  
Foreign currency translation—  —  (8,890) —  (8,890) 
Impairment charge(1,109) —  —  —  (1,109) 
Net balance as of January 31, 2020$333,712  $—  $976,536  $42,871  $1,353,120  
Changes in the carrying amount of goodwill by reportable segment for the six months ended January 31, 2019 are summarized as follows:
North American TowablesNorth American MotorizedEuropeanOtherTotal
Net balance as of August 1, 2018$334,822  $—  $—  $42,871  $377,693  
Fiscal 2019 activity:
No activity—  —  —  —  —  
Net balance as of January 31, 2019$334,822  $—  $—  $42,871  $377,693