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Intangible Assets and Goodwill
3 Months Ended
Oct. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill
7.

Intangible Assets and Goodwill

The components of amortizable intangible assets are as follows:

 

     Weighted-Average                
     Remaining      October 31, 2018      July 31, 2018  
     Life in Years at      Cost      Accumulated      Cost      Accumulated  
   October 31, 2018      Amortization      Amortization  

Dealer networks/customer relationships

     15      $ 404,960      $ 157,571      $ 404,960      $ 147,077  

Trademarks

     17        146,117        26,136        146,117        24,364  

Design technology and other intangibles

     7        18,200        9,858        18,200        9,555  

Non-compete agreements

     1        450        405        450        383  
     

 

 

    

 

 

    

 

 

    

 

 

 

Total amortizable intangible assets

      $     569,727      $ 193,970      $     569,727      $ 181,379  
     

 

 

    

 

 

    

 

 

    

 

 

 

Estimated annual amortization expense is as follows:

 

For the fiscal year ending July 31, 2019

   $ 50,043  

For the fiscal year ending July 31, 2020

     46,194  

For the fiscal year ending July 31, 2021

     42,860  

For the fiscal year ending July 31, 2022

     37,753  

For the fiscal year ending July 31, 2023

     30,291  

For the fiscal year ending July 31, 2024 and thereafter

     181,207  
  

 

 

 
   $ 388,348  
  

 

 

 

Of the recorded goodwill of $377,693 at both October 31, 2018 and July 31, 2018, $334,822 relates to the towable recreational vehicle reportable segment and $42,871 relates to the Other non-reportable segment.