GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Apr. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Preliminary fair value of assets acquired and liabilities assumed

The following table summarizes the fair value of assets acquired and liabilities assumed at the date of the acquisition:

	As Originally Reported			Adjustments			As Revised
	(In thousands)
Accounts receivable	$	47,841		$	(433	)	$	47,408
Inventory	27,165			5,829			32,994
Other current assets	7,427			3,197			10,624
Property and equipment	87,976			477			88,453
Intangible assets	210,920			2,330			213,250
Goodwill	259,085			(1,957		)	257,128
Other assets	3,040			—			3,040
Accounts payable	(31,069		)	—			(31,069		)
Accrued liabilities and other current liabilities	(35,790		)	(30,368		)	(66,158		)
Customer deposits	(7,829		)	—			(7,829		)
Deferred income taxes	(79,918		)	2,755			(77,163		)
Other liabilities	(19,627		)	18,170			(1,457		)
Total consideration	$	469,221		$	—		$	469,221