ACQUISITIONS (Tables)

12 Months Ended

Jul. 31, 2017

Unaudited Pro Forma Information

The following unaudited pro forma information represents the Company’s results of operations as if the fiscal 2016 acquisition of Jayco had occurred at the beginning of fiscal 2015:

	Fiscal Year Ended July 31, 2016
Net sales	$	6,176,686
Net income	$	284,394
Basic earnings per common share	$	5.42
Diluted earnings per common share	$	5.41

Jayco, Inc.

Summary of Final Fair Value Assigned to Assets Acquired

The following table summarizes the final fair values assigned to the Jayco net assets acquired, which are based on internal and independent external valuations:

Cash	$	18,409
Other current assets		258,158
Property, plant and equipment		80,824
Dealer network		261,100
Trademarks		92,800
Backlog		12,400
Goodwill		74,184
Current liabilities		(216,776	)
Total fair value of net assets acquired		581,099
Less cash acquired		(18,409	)
Total cash consideration for acquisition, less cash acquired	$	562,690

Postle Operating, LLC

Summary of Final Fair Value Assigned to Assets Acquired

The following table summarizes the fair values assigned to the Postle net assets acquired, which are based on internal and independent external valuations:

Cash	$	2,963
Other current assets		54,780
Property, plant and equipment		32,251
Customer relationships		38,800
Trademarks		6,000
Backlog		300
Goodwill		42,871
Current liabilities		(23,729	)
Capital lease obligations		(7,225	)
Total fair value of net assets acquired		147,011
Less cash acquired		(2,963	)
Total cash consideration for acquisition, less cash acquired	$	144,048

Cruiser RV, LLC and DRV, LLC

Summary of Final Fair Value Assigned to Assets Acquired

The following table summarizes the final fair values assigned to the CRV and DRV net assets acquired, which are based on internal and independent external valuations:

Cash	$	1,062
Other current assets		22,175
Property, plant and equipment		4,533
Dealer network		14,300
Trademarks		5,400
Backlog		450
Goodwill		13,172
Current liabilities		(12,507	)
Total fair value of net assets acquired		48,585
Less cash acquired		(1,062	)
Total cash consideration for acquisition, less cash acquired	$	47,523