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Intangible Assets and Goodwill (Tables)
9 Months Ended
Apr. 30, 2015
Components of Amortizable Intangible Assets

The components of amortizable intangible assets are as follows:

 

     Weighted
Average Remaining
Life in Years at
April 30, 2015
   April 30, 2015      July 31, 2014  
      Cost      Accumulated
Amortization
     Cost      Accumulated
Amortization
 

Dealer networks

   9    $ 105,060       $ 34,641       $ 90,760       $ 27,102   

Trademarks

   20      49,282         6,973         43,882         5,479   

Design technology and other intangibles

   9      22,850         7,942         23,070         6,775   

Non-compete agreements

   2      4,710         4,019         4,710         3,283   
     

 

 

    

 

 

    

 

 

    

 

 

 

Total amortizable intangible assets

      $ 181,902       $ 53,575       $ 162,422       $ 42,639   
     

 

 

    

 

 

    

 

 

    

 

 

 
Estimated Amortization Expense

Estimated annual amortization expense is as follows:

 

For the fiscal year ending July 31, 2015

   $ 15,615   

For the fiscal year ending July 31, 2016

     16,942   

For the fiscal year ending July 31, 2017

     14,681   

For the fiscal year ending July 31, 2018

     13,545   

For the fiscal year ending July 31, 2019

     12,198   

For the fiscal year ending July 31, 2020

     11,155   

For the fiscal year ending July 31, 2021 and thereafter

     55,797   
  

 

 

 
   $ 139,933   
  

 

 

 
Schedule of Change in Carrying Value in Goodwill

The change in the carrying value of goodwill from July 31, 2014 to April 30, 2015 is as follows:

 

Balance at July 31, 2014

   $ 256,579   

Acquisition of towables business

     13,072   
  

 

 

 

Balance at April 30, 2015

   $ 269,651