Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Jul. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following is a reconciliation of goodwill for the years ended July 31, 2016 and 2015 (in millions):

	Engine Products			Industrial Products			Total Goodwill
Balance as of July 31, 2014	$	72.4		$	94.0		$	166.4
Goodwill acquired	—			66.8			66.8
Foreign exchange translation	(1.4		)	(8.1		)	(9.5		)
Balance as of July 31, 2015	71.0			152.7			223.7
Goodwill acquired	6.3			—			6.3
Foreign exchange translation	—			(0.7		)	(0.7		)
Balance as of July 31, 2016	$	77.3		$	152.0		$	229.3

Schedule of Finite-Lived Intangible Assets

The following is a reconciliation of intangible assets for the years ended July 31, 2016 and 2015 (in millions):

	Gross Carrying Amount			Accumulated Amortization			Net Intangible Assets
Balance as of July 31, 2014	$	81.3		$	(45.3	)	$	36.0
Intangibles acquired	10.0			—			10.0
Amortization expense	—			(6.8		)	(6.8		)
Foreign exchange translation	(4.2		)	2.9			(1.3		)
Balance as of July 31, 2015	87.1			(49.2		)	37.9
Intangibles acquired	6.6			—			6.6
Amortization expense	—			(6.1		)	(6.1		)
Foreign exchange translation	3.1			(3.0		)	0.1
Balance as of July 31, 2016	$	96.8		$	(58.3	)	$	38.5

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

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

Year Ending July 31,	Amount
2017	$	6.0
2018	4.8
2019	4.5
2020	4.2
2021	4.0
Thereafter	15.0
Total expected amortization expense	$	38.5