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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Apr. 30, 2024
Jul. 31, 2023
Current assets:    
Cash and cash equivalents $ 371,819 $ 441,232
Accounts receivable, trade, net 642,571 543,865
Accounts receivable, other, net 187,439 99,354
Inventories, net 1,578,147 1,653,070
Prepaid income taxes, expenses and other 90,273 56,059
Total current assets 2,870,249 2,793,580
Property, plant and equipment, net 1,379,541 1,387,808
Other assets:    
Goodwill 1,777,335 1,800,422
Amortizable intangible assets, net 889,373 996,979
Deferred income tax assets, net 12,096 5,770
Equity investments 132,270 126,909
Other 157,333 149,362
Total other assets 2,968,407 3,079,442
TOTAL ASSETS 7,218,197 7,260,830
Current liabilities:    
Accounts payable 802,000 736,275
Current portion of long-term debt 35,491 11,368
Short-term financial obligations 67,957 49,433
Accrued liabilities:    
Compensation and related items 191,122 189,324
Product warranties 320,457 345,197
Income and other taxes 86,515 100,631
Promotions and rebates 152,960 163,410
Product, property and related liabilities 23,789 54,720
Other 58,804 66,124
Total current liabilities 1,739,095 1,716,482
Long-term debt, net 1,209,054 1,291,311
Deferred income tax liabilities, net 64,544 75,668
Unrecognized tax benefits 12,135 14,835
Other liabilities 185,022 179,136
Total long-term liabilities 1,470,755 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 66,859,738 and 66,344,340 shares, respectively 6,686 6,634
Additional paid-in capital 568,905 539,032
Retained earnings 4,190,126 4,091,563
Accumulated other comprehensive loss, net of tax (110,541) (68,547)
Less: Treasury shares of 13,661,947 and 13,030,030, respectively, at cost (651,946) (592,667)
Stockholders’ equity attributable to THOR Industries, Inc. 4,003,230 3,976,015
Non-controlling interests 5,117 7,383
Total stockholders’ equity 4,008,347 3,983,398
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 7,218,197 $ 7,260,830