Business Combinations (Tables)

12 Months Ended

Jan. 31, 2019

Text block [abstract]

Summary of Value of the Assets Acquired and Liabilities Assumed

The value of the assets acquired and liabilities assumed were as follows, as at their respective acquisition dates:

	Alumacraft			Triton		Total
Assets acquired
Current assets		$23.5	[b]		$14.1		$37.6
Property, plant and equipment		5.7			9.7		15.4
Trademark		25.8			37.7		63.5
Dealer network		19.1			27.5		46.6
Goodwill [a]		21.0	[c]		32.5		53.5
Total assets acquired		95.1			121.5		216.6
Liabilities assumed
Current liabilities		10.6			7.4		18.0
Deferred income taxes		3.6			16.7		20.3
Total liabilities assumed		14.2			24.1		38.3
Net assets acquired and total consideration paid in cash [d]		$80.9			$97.4		$178.3

^[a]  Goodwill arises principally from expected synergies and future growth.

^[b]  Including cash of $5.3 million.

^[c]  Only $2.8 million of goodwill is deductible for tax purposes.

^[d]  Repayment of Alumacraft and Triton debt is included in the purchase consideration.