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Acquisitions (Tables)
 12 Months Ended
Jul. 31, 2012
Schedule of Unaudited Pro Forma Information

The following unaudited pro forma information represents the Company’s results of operations as if the acquisition had occurred at the beginning of each of the respective periods. These performance results may not be indicative of the actual results that would have occurred under the ownership and management of the Company.

 

     Fiscal Year Ended July 31,  
           2011                  2010        

Net sales

    $       2,817,400       $       2,673,976   

Net income

    $ 109,431       $ 119,676   

Basic earnings per common share

    $ 1.96       $ 2.09   

Diluted earnings per common share

    $ 1.96       $ 2.08   
Heartland Recreational Vehicles, LLC,
  
Internal and Independent External Valuations of Net Assets Acquired

The following table summarizes the fair value of the net assets acquired, which are based on internal and independent external evaluations, at the date of the closing. Adjustments to the allocation were made in the three months ended October 31, 2011 to reflect the finalization of certain indemnification matters which resulted in an increase to goodwill of $757.

 

Current assets

    $ 48,913   

Property, plant and equipment

      9,993   

Dealer network

      67,000   

Goodwill

      94,308   

Trademarks

      25,200   

Design technology assets

      21,300   

Non-compete agreements

      4,130   

Backlog

      690   

Current liabilities

      (41,830)   

Deferred income tax liabilities

      (37,364)   

Other liabilities

      (2,077)   
  

 

 

  

Total fair value of net assets acquired

    $       190,263   
  

 

 

  
SJC Industries Corp.
  
Internal and Independent External Valuations of Net Assets Acquired

The following table summarizes the fair value of the net assets acquired, which are based on internal and independent external evaluations, at the date of the closing.

 

Net working capital

    $ 7,412   

Property, plant and equipment

      2,459   

Dealer network

      5,230   

Goodwill

      2,490   

Trademarks

      2,100   

Design technology assets

      270   

Non-compete

      120   
  

 

 

  
   $       20,081