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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Oct. 31, 2023
Jul. 31, 2023
Current assets:    
Cash and cash equivalents $ 425,828 $ 441,232
Accounts receivable, trade, net 548,800 543,865
Accounts receivable, other, net 67,819 99,354
Inventories, net 1,714,229 1,653,070
Prepaid income taxes, expenses and other 48,853 56,059
Total current assets 2,805,529 2,793,580
Property, plant and equipment, net 1,377,647 1,387,808
Other assets:    
Goodwill 1,768,777 1,800,422
Amortizable intangible assets, net 950,495 996,979
Deferred income tax assets, net 2,586 5,770
Equity investments 130,100 126,909
Other 137,339 149,362
Total other assets 2,989,297 3,079,442
TOTAL ASSETS 7,172,473 7,260,830
Current liabilities:    
Accounts payable 748,922 736,275
Current portion of long-term debt 10,952 11,368
Short-term financial obligations 58,820 49,433
Accrued liabilities:    
Compensation and related items 203,639 189,324
Product warranties 333,274 345,197
Income and other taxes 100,149 100,631
Promotions and rebates 135,723 163,410
Product, property and related liabilities 43,025 54,720
Dividends payable 25,539 0
Other 56,755 66,124
Total current liabilities 1,716,798 1,716,482
Long-term debt 1,271,877 1,291,311
Deferred income tax liabilities, net 76,498 75,668
Unrecognized tax benefits 15,240 14,835
Other liabilities 168,470 179,136
Total long-term liabilities 1,532,085 1,560,950
Contingent liabilities and commitments
Stockholders’ equity:    
Preferred stock – authorized 1,000,000 shares; none outstanding 0 0
Common stock – par value of $.10 per share; authorized 250,000,000 shares; issued 66,686,498 and 66,344,340 shares, respectively 6,669 6,634
Additional paid-in capital 551,491 539,032
Retained earnings 4,119,589 4,091,563
Accumulated other comprehensive loss, net of tax (128,471) (68,547)
Less: Treasury shares of 13,480,026 and 13,030,030, respectively, at cost (633,817) (592,667)
Stockholders’ equity attributable to THOR Industries, Inc. 3,915,461 3,976,015
Non-controlling interests 8,129 7,383
Total stockholders’ equity 3,923,590 3,983,398
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 7,172,473 $ 7,260,830