Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Jul. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of reconciliation of goodwill

The following is a reconciliation of goodwill for the years ended July 31, 2019 and 2018 (in millions):

	Engine Products			Industrial Products			Total
July 31, 2017	$	84.3		$	153.8		$	238.1
Goodwill acquired	0.6			—			0.6
Currency translation	—			(0.3		)	(0.3		)
July 31, 2018	84.9			153.5			238.4
Goodwill acquired	—			72.9			72.9
Currency translation	(0.4		)	(7.8		)	(8.2		)
July 31, 2019	$	84.5		$	218.6		$	303.1

Schedule of reconciliation of intangibles

The following table summarizes the net intangible assets for the years ended July 31, 2019 and 2018 (in millions):

		July 31, 2019					July 31, 2018
	Weighted Average Useful Life	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Customer relationships	10.0	$	101.5	$	(43.3	)	$	63.0	$	(35.7	)
Patents, trademarks and technology	6.2	22.3		(9.6		)	43.7		(35.4		)
Total other intangible assets, net		$	123.8	$	(52.9	)	$	106.7	$	(71.1	)

Schedule of expected amortization expense

Expected amortization expense relating to existing intangible assets is as follows (in millions):

Year Ending July 31,	Amount
2020	$	8.0
2021	7.8
2022	7.0
2023	5.9
2024	5.5
Thereafter	36.7
Total expected amortization expense	$	70.9