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Intangible Assets and Goodwill (Tables)
9 Months Ended
Apr. 30, 2014
Components of Amortizable Intangible Assets

The components of amortizable intangible assets are as follows:

 

     Weighted Average
Remaining Life
   April 30, 2014      July 31, 2013  
     in Years at
April 30, 2014
   Cost      Accumulated
Amortization
     Cost      Accumulated
Amortization
 

Dealer networks

     9        $ 77,600           $ 24,917           $ 67,000           $ 19,121   

Non-compete agreements

     1      4,260         3,037         4,130         2,375   

Trademarks

   21      38,342         5,011         35,042         3,843   

Design technology and other
intangibles

   11      22,650         5,919         21,300         4,380   
     

 

 

    

 

 

    

 

 

    

 

 

 

Total amortizable intangible assets

          $ 142,852           $ 38,884           $ 127,472           $ 29,719   
     

 

 

    

 

 

    

 

 

    

 

 

 
Estimated Annual Amortization Expense

Estimated annual amortization expense is as follows:

 

For the fiscal year ending July 31, 2014

   $   12,267   

For the fiscal year ending July 31, 2015

     12,102   

For the fiscal year ending July 31, 2016

     10,760   

For the fiscal year ending July 31, 2017

     10,134   

For the fiscal year ending July 31, 2018

     9,687   

For the fiscal year ending July 31, 2019

     9,021   

For the fiscal year ending July 31, 2020 and thereafter

     49,163   
  

 

 

 
   $   113,134   
  

 

 

 
Schedule of Change in Carrying Value in Goodwill

The change in carrying value in goodwill from July 31, 2013 to April 30, 2014 is as follows:

 

     Goodwill  

Balance at July 31, 2013

   $   238,103   

Acquisitions of towables businesses

     15,773   
  

 

 

 

Balance at April 30, 2014

   $   253,876