ACQUISITIONS (Tables)

12 Months Ended

Jul. 31, 2018

The following unaudited pro forma information represents the Company’s results of operations as if the fiscal 2016 acquisition of Jayco had occurred at the beginning of fiscal 2015:


	Fiscal Year Ended July 31, 2016
Net sales	$	6,176,686
Net income	$	284,394
Basic earnings per common share	$	5.42
Diluted earnings per common share	$	5.41

Jayco, Corp.

Summary of Final Fair Value Assigned to Net Assets Acquired

The following table summarizes the final fair values assigned to the Jayco net assets acquired, which are based on internal and independent external valuations:


Cash	$	18,409
Other current assets		258,158
Property, plant and equipment		80,824
Dealer network		261,100
Trademarks		92,800
Backlog		12,400
Goodwill		74,184
Current liabilities		(216,776	)

Total fair value of net assets acquired		581,099
Less cash acquired		(18,409	)

Total cash consideration for acquisition, less cash acquired	$	562,690