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INTANGIBLE ASSETS, GOODWILL AND LONG-LIVED ASSETS (Tables) | 12 Months Ended
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Jul. 31, 2014
Components of Amortizable Intangible Assets | The components of amortizable intangible assets are as follows:
|  |  |  |  |  | July 31, 2014 |  |  | July 31, 2013 |
|  | Weighted Average Years Remaining Life |  |  |  | Cost |  |  | Accumulated Amortization |  |  | Cost |  |  | Accumulated Amortization |
Dealer networks |  | 9 |  |  |  | $ | 90,760 |  |  | $ | 27,102 |  |  | $ | 67,000 |  |  | $ | 19,121 |
Non-compete agreements |  | 2 |  |  |  |  | 4,710 |  |  |  | 3,283 |  |  |  | 4,130 |  |  |  | 2,375 |
Trademarks |  | 21 |  |  |  |  | 43,882 |  |  |  | 5,479 |  |  |  | 35,042 |  |  |  | 3,843 |
Design technology and other intangibles |  | 10 |  |  |  |  | 23,070 |  |  |  | 6,775 |  |  |  | 21,300 |  |  |  | 4,380 |
Total amortizable intangible assets |  |  |  |  |  | $ | 162,422 |  |  | $ | 42,639 |  |  | $ | 127,472 |  |  | $ | 29,719 |
Estimated Amortization Expense | Estimated Amortization Expense:
For the fiscal year ending July 31, 2015 |  | $ | 14,452 |
For the fiscal year ending July 31, 2016 |  |  | 13,213 |
For the fiscal year ending July 31, 2017 |  |  | 12,399 |
For the fiscal year ending July 31, 2018 |  |  | 11,650 |
For the fiscal year ending July 31, 2019 |  |  | 10,661 |
For the fiscal year ending July 31, 2020 and thereafter |  |  | 57,408 |
|  | $ | 119,783 |
Changes in Carrying Amount of Goodwill by Reportable Segment | Changes in the carrying amount of goodwill by reportable segment as of July 31, 2014 and 2013 are summarized as follows:
|  | Towables |  |  | Motorized |  |  | Bus |  |  | Total |
Balance at July 31, 2012: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 238,103 |  |  | $ | 17,252 |  |  | $ | 7,106 |  |  | $ | 262,461 |
Accumulated impairment charges |  |  | – |  |  |  | (17,252 | ) |  |  | – |  |  |  | (17,252 | )
Net balance at July 31, 2012 |  |  | 238,103 |  |  |  | – |  |  |  | 7,106 |  |  |  | 245,209 |
Fiscal year 13 activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill acquired – Bus |  |  | – |  |  |  | – |  |  |  | 5,263 |  |  |  | 5,263 |
Impairment charges – discontinued operations |  |  | – |  |  |  | – |  |  |  | (6,810 | ) |  |  | (6,810 | )
Discontinued operations reclassification |  |  | – |  |  |  | – |  |  |  | (5,559 | ) |  |  | (5,559 | )
Net balance as of July 31, 2013: |  | $ | 238,103 |  |  | $ | – |  |  | $ | – |  |  | $ | 238,103 |
Fiscal year 14 activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill acquired – Towables |  |  | 18,476 |  |  |  | – |  |  |  | – |  |  |  | 18,476 |
Net balance as of July 31, 2014 |  | $ | 256,579 |  |  | $ | – |  |  | $ | – |  |  | $ | 256,579 |
The components of the net balance as of July 31, 2014 are summarized as follows:
|  | Towables |  |  | Motorized |  |  | Total |
Goodwill |  | $ | 256,579 |  |  | $ | 17,252 |  |  | $ | 273,831 |
Accumulated impairment charges |  |  | – |  |  |  | (17,252 | ) |  |  | (17,252 | )
Net balance as of July 31, 2014: |  | $ | 256,579 |  |  | $ | – |  |  | $ | 256,579 |

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- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: 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=26713463&loc=d3e16323-109275 + Details
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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: 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=26713463&loc=d3e16265-109275 Reference 2: 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=26713463&loc=d3e16323-109275 + Details
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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: 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=14024403&loc=d3e13816-109267 Reference 2: 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=14024403&loc=d3e13854-109267 + Details
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