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INTANGIBLE ASSETS, GOODWILL AND LONG-LIVED ASSETS (Tables)
12 Months Ended
Jul. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Components of Amortizable Intangible Assets

The components of amortizable intangible assets are as follows:

 

                July 31, 2018      July 31, 2017  
      Weighted-Average  
Remaining

Life in Years
at July 31, 2018
          Cost      Accumulated
Amortization
     Cost      Accumulated
Amortization
 

Dealer networks/customer relationships

  16           $          404,960          $         147,077      $          404,960          $          101,795  

Trademarks

  17         146,117        24,364        147,617        17,570  

Design technology and other intangibles

  7         18,200        9,555        19,300        9,203  

Non-compete agreements

  1         450        383        450        293  
       

 

 

    

 

 

    

 

 

    

 

 

 

Total amortizable intangible assets

            $ 569,727          $ 181,379      $ 572,327          $ 128,861  
       

 

 

    

 

 

    

 

 

    

 

 

 
Estimated Amortization Expense

Estimated amortization expense for future years is as follows:

 

For the fiscal year ending July 31, 2019

   $ 50,043  

For the fiscal year ending July 31, 2020

     46,194  

For the fiscal year ending July 31, 2021

     42,860  

For the fiscal year ending July 31, 2022

     37,753  

For the fiscal year ending July 31, 2023

     30,291  

For the fiscal year ending July 31, 2024 and thereafter

     181,207  
  

 

 

 
   $       388,348  
  

 

 

 
Changes in Carrying Amount of Goodwill by Reportable Segment

Changes in the carrying amount of goodwill by reportable segment as of July 31, 2018 and 2017 are summarized as follows:

 

     Towables     Motorized     Other      Total  

Net balance as of July 31, 2016

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

Fiscal year 2017 activity:

         

No activity

                         

Net balance as of July 31, 2017

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

 

 

   

 

 

   

 

 

    

 

 

 

Fiscal year 2018 activity:

         

No activity

                         
  

 

 

   

 

 

   

 

 

    

 

 

 

Net balance as of July 31, 2018

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

 

 

   

 

 

   

 

 

    

 

 

 

The components of the net balance as of July 31, 2018 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, 2018

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