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Business Combinations (Tables)
6 Months Ended
Jan. 31, 2017
Business Combinations [Abstract]  
Summary of Estimated Fair Values of Separately Identifiable Assets Acquired and Liabilities Assumed

The following table summarizes the purchase price allocation based on estimates of the fair values of the separately identifiable assets acquired and liabilities assumed as of the acquisition date.

 

(in millions)              

Cash

      $ 0.4  

Accounts receivable

        0.3  

Inventory

        0.2  

Other assets

        0.4  

Property, plant, and equipment

        0.4  

Goodwill

        16.4  

Intangible assets:

     

Tradename (estimated useful life of 5 years)

   $ 1.0     

Customer relationships (estimated useful life of 6 years)

     3.1     
  

 

 

    

Total intangible assets

        4.1  
     

 

 

 

Total assets acquired

        22.2  

Accounts payable and accrued expenses

     (0.9   

Deferred revenue

     (1.1   
  

 

 

    

Total liabilities assumed

        (2.0
     

 

 

 

Total purchase price

      $ 20.2