Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Jul. 31, 2012

Components of Amortizable Intangible Assets

The components of amortizable intangible assets are as follows:

		July 31, 2012				July 31, 2011
	Weighted Average   Years Remaining Life	Cost		Accumulated Amortization		Cost		Accumulated Amortization
Dealer networks	11		$        72,230		$        13,343		$    72,230		$        6,154
Non-Compete agreements	3		6,321		3,678		6,851		3,300
Trademarks	23		36,775		2,522		36,669		1,008
Design technology and other intangibles	13		21,300		2,856		22,260		2,293
Total amortizable intangible assets			$      136,626		$        22,399		$  138,010		$      12,755

Estimated Amortization Expense

Estimated Amortization Expense:

For the fiscal year ending July 31, 2013	$	10,944
For the fiscal year ending July 31, 2014	$	10,676
For the fiscal year ending July 31, 2015	$	10,318
For the fiscal year ending July 31, 2016	$	9,262
For the fiscal year ending July 31, 2017	$	8,875
For the fiscal year ending July 31, 2018 and thereafter	$	64,152

Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill by reportable segment as of July 31, 2012 and 2011 are summarized as follows:

	2012								2011
	Towables		Motorized		Buses		Total		Towables		Motorized		Buses		Total
Balance as of beginning of fiscal year:
Goodwill	$	237,346	$	17,252	$	7,106	$	261,704	$	143,795	$	17,252	$	7,106	$	168,153
Accumulated impairment charges		–		(17,252)		–		(17,252)		–		(17,252)		–		(17,252)
Net Balance at beginning of fiscal year		237,346		–		7,106		244,452		143,795		–		7,106		150,901
Fiscal year activity:
Goodwill acquired – Heartland		757		–		–		757		93,551		–		–		93,551
Balance as of end of fiscal year:
Goodwill		238,103		17,252		7,106		262,461		237,346		17,252		7,106		261,704
Accumulated impairment charges		–		(17,252)		–		(17,252)		–		(17,252)		–		(17,252)
Net Balance as of July 31:	$	238,103	$	–	$	7,106	$	245,209	$	237,346	$	–	$	7,106	$	244,452