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INTANGIBLE ASSETS, GOODWILL AND LONG-LIVED ASSETS (Tables)
12 Months Ended
Jul. 31, 2016
Components of Amortizable Intangible Assets

The components of amortizable intangible assets are as follows:

 

                July 31, 2016      July 31, 2015  
      Weighted-Average  
Years  Remaining
Life in Years
          Cost      Accumulated
Amortization
     Cost      Accumulated
Amortization
 

Dealer networks/customer relationships

  16           $          404,960           $          55,191           $          143,860           $          37,194   

Trademarks

  19         148,117         10,539         55,282         7,608   

Design technology and other intangibles

  9         22,400         10,870         22,400         8,168   

Non-compete agreements

  3         450         203                     4,710                     4,264   

Backlog

  0.2                 12,400                     4,133                   
       

 

 

    

 

 

    

 

 

    

 

 

 

Total amortizable intangible assets

            $         588,327           $         80,936           $         226,252           $         57,234   
       

 

 

    

 

 

    

 

 

    

 

 

 
Estimated Amortization Expense

Estimated Amortization Expense:

 

For the fiscal year ending July 31, 2017

   $ 63,925   

For the fiscal year ending July 31, 2018

     54,463   

For the fiscal year ending July 31, 2019

     50,367   

For the fiscal year ending July 31, 2020

     46,480   

For the fiscal year ending July 31, 2021

     43,131   

For the fiscal year ending July 31, 2022 and thereafter

     249,025   
  

 

 

 
   $       507,391   
  

 

 

 
Changes in Carrying Amount of Goodwill by Reportable Segment

Changes in the carrying amount of goodwill by reportable segment as of July 31, 2016 and 2015 are summarized as follows:

 

     Towables     Motorized     Other      Total  

Net balance as of July 31, 2014

    $         256,579       $         –       $         –        $         256,579   

Fiscal year 15 activity:

         

Goodwill acquired

     13,172               42,871         56,043   
  

 

 

   

 

 

   

 

 

    

 

 

 

Net balance as of July 31, 2015

     269,751               42,871         312,622   

Fiscal year 16 activity:

         

Goodwill acquired

     74,184                       –         74,184   

Impairment charges

     (9,113                    (9,113
  

 

 

   

 

 

   

 

 

    

 

 

 

Net balance as of July 31, 2016

   $ 334,822      $      $ 42,871       $ 377,693   
  

 

 

   

 

 

   

 

 

    

 

 

 

The components of the net balance as of July 31, 2016 are summarized as follows:

 

  

     Towables     Motorized     Other      Total  

Goodwill

    $         343,935       $         17,252       $         42,871        $         404,058   

Accumulated impairment charges

     (9,113     (17,252             (26,365
  

 

 

   

 

 

   

 

 

    

 

 

 

Net balance as of July 31, 2016:

   $ 334,822      $      $ 42,871       $ 377,693