ACQUISITIONS (Tables)

12 Months Ended

Jul. 31, 2019

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The Company expects to finalize these values as soon as practical and no later than one year from the acquisition date.


Cash	$	97,887
Inventory		593,053
Other assets		429,150
Property, plant and equipment, rental vehicles		80,132
Property, plant and equipment		447,621
Amortizable intangible assets:
Dealer network		355,601
Trademarks		126,181
Technology assets		183,536
Backlog		11,471
Goodwill		1,008,472
Guarantee liabilities related to former EHG North American subsidiaries		(115,668	)
Other current liabilities		(850,623	)
Debt—Unsecured notes		(114,710	)
Debt—Other		(166,196	)
Deferred income tax liabilities		(155,863	)
Other long-term liabilities		(17,205	)
Non-controlling interests		(12,207	)
Total fair value of net assets acquired		1,900,632
Less: cash acquired		(97,887	)
Total fair value of net assets acquired, less cash acquired	$	1,802,745

Business Acquisition, Pro Forma Information

The following unaudited pro forma information represents the Company’s results of operations as if the fiscal

2019 acquisition of EHG had occurred at the beginning of fiscal 2018. The disclosure of pro forma net sales and earnings does not purport to indicate the results that would actually have been obtained had the acquisition been completed on the assumed date for the periods presented, or which may be realized in the future. The unaudited pro forma information does not reflect any operating efficiencies or cost savings that may be realized from the integration of the acquisition.


	Fiscal 2019		Fiscal 2018
Net sales	$	9,067,750	$	11,175,302
Net income	$	143,517	$	305,101
Basic earnings per common share	$	2.66	$	5.55
Diluted earnings per common share	$	2.66	$	5.54