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INTANGIBLE ASSETS, GOODWILL AND LONG-LIVED ASSETS (Tables)
12 Months Ended
Jul. 31, 2014
Components of Amortizable Intangible Assets

The components of amortizable intangible assets are as follows:

 

               July 31, 2014      July 31, 2013  
     Weighted Average
  Years Remaining Life  
        Cost      Accumulated
Amortization
     Cost      Accumulated
Amortization
 

Dealer networks

   9           $          90,760           $          27,102           $          67,000           $          19,121   

Non-compete agreements

   2         4,710         3,283         4,130         2,375   

Trademarks

   21         43,882         5,479         35,042         3,843   

Design technology and other intangibles

   10                     23,070                     6,775                     21,300                     4,380   
        

 

 

    

 

 

    

 

 

    

 

 

 

Total amortizable intangible assets

             $         162,422           $         42,639           $         127,472           $         29,719   
        

 

 

    

 

 

    

 

 

    

 

 

 
Estimated Amortization Expense

Estimated Amortization Expense:

 

For the fiscal year ending July 31, 2015

   $ 14,452   

For the fiscal year ending July 31, 2016

     13,213   

For the fiscal year ending July 31, 2017

     12,399   

For the fiscal year ending July 31, 2018

     11,650   

For the fiscal year ending July 31, 2019

     10,661   

For the fiscal year ending July 31, 2020 and thereafter

     57,408   
  

 

 

 
   $       119,783   
  

 

 

 
Changes in Carrying Amount of Goodwill by Reportable Segment

Changes in the carrying amount of goodwill by reportable segment as of July 31, 2014 and 2013 are summarized as follows:

 

     Towables      Motorized     Bus     Total  

Balance at July 31, 2012:

         

Goodwill

    $         238,103        $         17,252       $         7,106       $         262,461   

Accumulated impairment charges

             (17,252            (17,252
  

 

 

    

 

 

   

 

 

   

 

 

 

Net balance at July 31, 2012

     238,103                7,106        245,209   

Fiscal year 13 activity:

         

Goodwill acquired – Bus

                    5,263        5,263   

Impairment charges – discontinued operations

                    (6,810     (6,810

Discontinued operations reclassification

                    (5,559     (5,559
  

 

 

    

 

 

   

 

 

   

 

 

 

Net balance as of July 31, 2013:

   $ 238,103       $      $      $ 238,103   
  

 

 

    

 

 

   

 

 

   

 

 

 

Fiscal year 14 activity:

         

Goodwill acquired – Towables

     18,476                       18,476   
  

 

 

    

 

 

   

 

 

   

 

 

 

Net balance as of July 31, 2014

   $ 256,579       $      $      $ 256,579   
  

 

 

    

 

 

   

 

 

   

 

 

 

The components of the net balance as of July 31, 2014 are summarized as follows:

 

     Towables      Motorized     Total  

Goodwill

    $         256,579        $         17,252       $         273,831   

Accumulated impairment charges

             (17,252     (17,252
  

 

 

    

 

 

   

 

 

 

Net balance as of July 31, 2014:

   $ 256,579       $      $ 256,579