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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Jul. 31, 2020
Jul. 31, 2019
Jul. 31, 2018
Income Statement [Abstract]      
Net sales $ 8,167,933 $ 7,864,758 $ 8,328,909
Cost of products sold 7,049,726 6,891,664 7,164,243
Gross profit 1,118,207 973,094 1,164,666
Selling, general and administrative expenses 634,119 536,044 477,444
Amortization of intangible assets 97,234 75,638 55,118
Impairment charges 10,057 0 0
Acquisition-related costs 0 114,866 0
Interest income 3,116 8,080 2,148
Interest expense 107,322 68,112 5,187
Other income (expense), net 305 (1,848) 3,964
Income before income taxes 272,896 184,666 633,029
Income taxes 51,512 52,201 202,878
Net income 221,384 132,465 430,151
Less: net (loss) attributable to non-controlling interests (1,590) (810) 0
Net income attributable to Thor Industries, Inc. $ 222,974 $ 133,275 $ 430,151
Weighted-average common shares outstanding:      
Basic - weighted-average common shares outstanding (in shares) 55,172,694 53,905,667 52,674,161
Diluted - weighted-average common shares outstanding (in shares) 55,397,376 54,026,686 52,853,360
Earnings per common share:      
Basic - earnings per common share (in dollars per share) $ 4.04 $ 2.47 $ 8.17
Diluted - earnings per common share (in dollars per share) $ 4.02 $ 2.47 $ 8.14
Comprehensive income:      
Net income $ 221,384 $ 132,465 $ 430,151
Other comprehensive income (loss), net of tax      
Foreign currency translation gain (loss), net of tax 92,735 (47,078) 0
Unrealized (loss) on derivatives, net of tax (9,351) (9,472) 0
Other income (loss), net of tax 352 (1,048) 0
Total other comprehensive income (loss), net of tax 83,736 (57,598) 0
Total comprehensive income 305,120 74,867 430,151
Comprehensive (loss) attributable to non-controlling interest (1,851) (1,404) 0
Comprehensive income attributable to Thor Industries, Inc. $ 306,971 $ 76,271 $ 430,151