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Goodwill And Other Intangible Assets (Tables)
12 Months Ended
Jul. 31, 2011
Goodwill And Other Intangible Assets  
Reconciliation Of Goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

Engine
Products

 

Industrial
Products

 

Total Goodwill

 

 

 

(thousands of dollars)

 

Balance as of July 31, 2009

 

$

61,582

 

$

107,445

 

$

169,027

 

Foreign exchange translation

 

 

(668

)

 

(3,044

)

 

(3,712

)

Balance as of July 31, 2010

 

$

60,914

 

$

104,401

 

$

165,315

 

Goodwill transferred

 

 

11,258

 

 

(11,258

)

 

 

Disposition activity

 

 

 

 

(325

)

 

(325

)

Foreign exchange translation

 

 

794

 

 

5,957

 

 

6,751

 

Balance as of July 31, 2011

 

$

72,966

 

$

98,775

 

$

171,741

 

Reconciliation Of Intangible Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Intangible
Assets

 

 

 

(thousands of dollars)

 

Balance as of July 31, 2009

 

$

85,809

 

$

(20,423

)

$

65,386

 

Amortization expense

 

 

 

 

(6,007

)

 

(6,007

)

Foreign exchange translation

 

 

(2,322

)

 

1,235

 

 

(1,087

)

Balance as of July 31, 2010

 

$

83,487

 

$

(25,195

)

$

58,292

 

Amortization expense

 

 

 

 

(5,917

)

 

(5,917

)

Foreign exchange translation

 

 

1,952

 

 

(831

)

 

1,121

 

Balance as of July 31, 2011

 

$

85,439

 

$

(31,943

)

$

53,496

 

Expected Amortization Expense Relating To Existing Intangible Assets

 

 

 

 

 

 

Fiscal Year

 

 

 

 

 

2012

 

 

$

5,863

 

2013

 

 

$

5,700

 

2014

 

 

$

5,327

 

2015

 

 

$

5,221

 

2016

 

 

$

5,206