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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2024
Jul. 31, 2023
Current assets:    
Cash and cash equivalents $ 501,316 $ 441,232
Accounts receivable, trade, net 502,301 543,865
Accounts receivable, other, net 198,594 99,354
Inventories, net 1,366,638 1,653,070
Prepaid income taxes, expenses and other 81,178 56,059
Total current assets 2,650,027 2,793,580
Property, plant and equipment, net 1,390,718 1,387,808
Other assets:    
Goodwill 1,786,973 1,800,422
Amortizable intangible assets, net 861,133 996,979
Deferred income tax assets, net 28,414 5,770
Equity investments 137,272 126,909
Other 166,286 149,362
Total other assets 2,980,078 3,079,442
TOTAL ASSETS 7,020,823 7,260,830
Current liabilities:    
Accounts payable 628,134 736,275
Current portion of long-term debt 32,650 11,368
Short-term financial obligations 72,051 49,433
Accrued liabilities:    
Compensation and related items 185,249 189,324
Product warranties 311,627 345,197
Income and other taxes 74,987 100,631
Promotions and rebates 169,928 163,410
Product, property and related liabilities 32,278 54,720
Other 60,118 66,124
Total current liabilities 1,567,022 1,716,482
Long-term debt 1,101,265 1,291,311
Deferred income tax liabilities, net 74,401 75,668
Unrecognized tax benefits 12,405 14,835
Other liabilities 191,677 179,136
Total long-term liabilities 1,379,748 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 577,015 539,032
Retained earnings 4,254,734 4,091,563
Accumulated other comprehensive (loss), net of tax (93,706) (68,547)
Less treasury shares of 13,928,314 and 13,030,030, respectively, at cost (677,299) (592,667)
Stockholders’ equity attributable to THOR Industries, Inc. 4,067,430 3,976,015
Non-controlling interests 6,623 7,383
Total stockholders’ equity 4,074,053 3,983,398
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 7,020,823 $ 7,260,830