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Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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Jul. 31, 2012
Components of Amortizable Intangible Assets | The components of amortizable intangible assets are as follows:
|  |  |  |  |  | July 31, 2012 |  |  | July 31, 2011 |
|  | Weighted Average Years Remaining Life |  |  |  | Cost |  |  | Accumulated Amortization |  |  | Cost |  |  | Accumulated Amortization |
Dealer networks |  | 11 |  |  |  |  | $ 72,230 |  |  |  | $ 13,343 |  |  |  | $ 72,230 |  |  |  | $ 6,154 |
Non-Compete agreements |  | 3 |  |  |  |  | 6,321 |  |  |  | 3,678 |  |  |  | 6,851 |  |  |  | 3,300 |
Trademarks |  | 23 |  |  |  |  | 36,775 |  |  |  | 2,522 |  |  |  | 36,669 |  |  |  | 1,008 |
Design technology and other intangibles |  | 13 |  |  |  |  | 21,300 |  |  |  | 2,856 |  |  |  | 22,260 |  |  |  | 2,293 |
Total amortizable intangible assets |  |  |  |  |  |  | $ 136,626 |  |  |  | $ 22,399 |  |  |  | $ 138,010 |  |  |  | $ 12,755 |
Estimated Amortization Expense | Estimated Amortization Expense:
For the fiscal year ending July 31, 2013 |  | $ | 10,944 |
For the fiscal year ending July 31, 2014 |  | $ | 10,676 |
For the fiscal year ending July 31, 2015 |  | $ | 10,318 |
For the fiscal year ending July 31, 2016 |  | $ | 9,262 |
For the fiscal year ending July 31, 2017 |  | $ | 8,875 |
For the fiscal year ending July 31, 2018 and thereafter |  | $ | 64,152 |
Changes in Carrying Amount of Goodwill | Changes in the carrying amount of goodwill by reportable segment as of July 31, 2012 and 2011 are summarized as follows:
|  | 2012 |  |  | 2011 |
| Towables |  |  | Motorized |  |  | Buses |  |  | Total |  |  | Towables |  |  | Motorized |  |  | Buses |  |  | Total |
Balance as of beginning 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 at beginning of fiscal year |  |  | 237,346 |  |  |  | – |  |  |  | 7,106 |  |  |  | 244,452 |  |  |  | 143,795 |  |  |  | – |  |  |  | 7,106 |  |  |  | 150,901 |
Fiscal year activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill acquired – Heartland |  |  | 757 |  |  |  | – |  |  |  | – |  |  |  | 757 |  |  |  | 93,551 |  |  |  | – |  |  |  | – |  |  |  | 93,551 |
Balance as of end of fiscal year: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  | 238,103 |  |  |  | 17,252 |  |  |  | 7,106 |  |  |  | 262,461 |  |  |  | 237,346 |  |  |  | 17,252 |  |  |  | 7,106 |  |  |  | 261,704 |
Accumulated impairment charges |  |  | – |  |  |  | (17,252) |  |  |  | – |  |  |  | (17,252) |  |  |  | – |  |  |  | (17,252) |  |  |  | – |  |  |  | (17,252) |
Net Balance as of July 31: |  | $ | 238,103 |  |  | $ | – |  |  | $ | 7,106 |  |  | $ | 245,209 |  |  | $ | 237,346 |  |  | $ | – |  |  | $ | 7,106 |  |  | $ | 244,452 |

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- Definition Tabular disclosure of amortizable intangibles assets, in total and by major class, including the gross carrying amount and accumulated amortization. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph a -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 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16265-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16323-109275 + Details
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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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