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Goodwill And Other Intangible Assets (Tables) | 12 Months Ended
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Jul. 31, 2011
Goodwill And Other Intangible Assets |
Components Of Amortizable Intangible Assets |
|  |  |  |  |  | July 31, 2011 |  |  | July 31, 2010 |
|  | Weighted Average Years Remaining Life |  |  |  | Cost |  |  | Accumulated Amortization |  |  | Cost |  |  | Accumulated Amortization |
Dealer networks |  | 12 |  |  |  |  | $ 72,230 |  |  |  | $ 6,154 |  |  |  | $ 5,230 |  |  |  | $ 156 |
Non-Compete agreements |  | 4 |  |  |  |  | 6,851 |  |  |  | 3,300 |  |  |  | 2,721 |  |  |  | 2,315 |
Trademarks |  | 24 |  |  |  |  | 36,669 |  |  |  | 1,008 |  |  |  | – |  |  |  | – |
Technology and other intangibles |  | 14 |  |  |  |  | 22,260 |  |  |  | 2,293 |  |  |  | 270 |  |  |  | 22 |
Total amortizable intangible assets |  |  |  |  |  |  | $ 138,010 |  |  |  | $ 12,755 |  |  |  | $ 8,221 |  |  |  | $ 2,493 |
Estimated Amortization Expense |
For the fiscal year ending July 2012 |  |  | $ 11,131 |
For the fiscal year ending July 2013 |  |  | $ 10,939 |
For the fiscal year ending July 2014 |  |  | $ 10,671 |
For the fiscal year ending July 2015 |  |  | $ 10,313 |
For the fiscal year ending July 2016 and thereafter |  |  | $ 82,201 |
Change In Carrying Value In Goodwill And Indefinite-Lived Trademarks |
|  | Goodwill |  |  | Trademarks |
Balance at July 31, 2010 |  |  | $150,901 |  |  |  | $ 14,936 |
Impairment of trademark in motorized reportable segment |  |  | – |  |  |  | (2,036) |
Impairment of trademark in buses reportable segment |  |  | – |  |  |  | (1,430) |
Amounts resulting from Heartland acquisition in towables reportable segment |  |  | 93,551 |  |  |  | – |
Reclassification of certain trademarks to definite-lived |  |  | – |  |  |  | (11,470) |
Balance at July 31, 2011 |  |  | $ 244,452 |  |  |  | $ – |
Changes In The Carrying Amount Of Goodwill |
|  | Towables |  |  | Motorized |  |  | Buses |  |  | 2011 Total |  |  | Towables |  |  | Motorized |  |  | Buses |  |  | 2010 Total |
Balance as of beginning of fiscal year: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 143,795 |  |  | $ | 17,252 |  |  | $ | 7,106 |  |  | $ | 168,153 |  |  | $ | 143,795 |  |  | $ | 17,252 |  |  | $ | 4,616 |  |  | $ | 165,663 |
Accumulated impairment charges |  |  | – |  |  |  | (17,252) |  |  |  | – |  |  |  | (17,252) |  |  |  | – |  |  |  | (17,252) |  |  |  | – |  |  |  | (17,252) |
Net Balance at beginning of fiscal year |  |  | 143,795 |  |  |  | – |  |  |  | 7,106 |  |  |  | 150,901 |  |  |  | 143,795 |  |  |  | – |  |  |  | 4,616 |  |  |  | 148,411 |
Fiscal year activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill acquired – Heartland |  |  | 93,551 |  |  |  | – |  |  |  | – |  |  |  | 93,551 |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |
Goodwill acquired - SJC |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | 2,490 |  |  |  | 2,490 |
Balance as of end of fiscal year: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  | 237,346 |  |  |  | 17,252 |  |  |  | 7,106 |  |  |  | 261,704 |  |  |  | 143,795 |  |  |  | 17,252 |  |  |  | 7,106 |  |  |  | 168,153 |
Accumulated impairment charges |  |  | – |  |  |  | (17,252) |  |  |  | – |  |  |  | (17,252) |  |  |  | – |  |  |  | (17,252) |  |  |  | – |  |  |  | (17,252) |
Net Balance as of July 31: |  | $ | 237,346 |  |  | $ | – |  |  | $ | 7,106 |  |  | $ | 244,452 |  |  | $ | 143,795 |  |  | $ | – |  |  | $ | 7,106 |  |  | $ | 150,901 |
Goodwill And Trademarks By Segment |
|  | July 31, 2011 |  |  | July 31, 2010 |
|  | Goodwill |  |  | Trademarks |  |  | Goodwill |  |  | Trademarks |
Recreation Vehicles |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Towables |  |  | $ 237,346 |  |  |  | $ 33,950 |  |  |  | $ 143,795 |  |  |  | $ 9,737 |
Motorized |  |  | – |  |  |  | – |  |  |  | – |  |  |  | 2,036 |
Buses |  |  | 7,106 |  |  |  | 1,711 |  |  |  | 7,106 |  |  |  | 3,163 |
Total |  |  | $ 244,452 |  |  |  | $ 35,661 |  |  |  | $ 150,901 |  |  |  | $ 14,936 |

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- Definition Tabular disclosure of goodwill by reportable segment and in total. Disclosure details may include, but are not limited to, the carrying amount of goodwill, goodwill acquired during the year, goodwill impairment losses recognized, goodwill written-off due to the sale of a business unit, goodwill not yet allocated, and any other changes to goodwill. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6905597&loc=d3e13854-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6905597&loc=d3e13816-109267 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph e -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 47 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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