Business Segments

6 Months Ended

Jan. 31, 2021

Segment Reporting [Abstract]

Business Segments

Business Segments

The Company has three reportable segments, all related to recreational vehicles: (1) North American Towables, (2) North American Motorized and (3) European. The operations of the Company's Postle and Togo Group subsidiaries are included in Other, which is a non-reportable segment.

The following tables reflect certain financial information by reportable segment:

	Three Months Ended January 31,				Six Months Ended January 31,
NET SALES:	2021		2020		2021		2020
Recreational vehicles
North American Towables	$	1,373,181	$	983,907	$	2,765,225	$	2,184,795
North American Motorized	576,995		343,680		1,070,850		759,569
Total North America	1,950,176		1,327,587		3,836,075		2,944,364
European	733,463		637,115		1,335,951		1,130,122
Total recreational vehicles	2,683,639		1,964,702		5,172,026		4,074,486
Other	74,714		57,745		155,421		131,311
Intercompany eliminations	(30,565)		(19,314)		(62,299)		(43,879)
Total	$	2,727,788	$	2,003,133	$	5,265,148	$	4,161,918

	Three Months Ended January 31,				Six Months Ended January 31,
INCOME (LOSS) BEFORE INCOME TAXES:	2021		2020		2021		2020
Recreational vehicles
North American Towables	$	147,880	$	53,426	$	289,059	$	157,748
North American Motorized	43,421		14,916		84,988		36,691
Total North America	191,301		68,342		374,047		194,439
European	10,216		4,690		4,710		(18,334)
Total recreational vehicles	201,517		73,032		378,757		176,105
Other, net	9,644		8,609		21,134		20,360
Corporate	(47,202)		(46,778)		(89,613)		(92,968)
Total	$	163,959	$	34,863	$	310,278	$	103,497

TOTAL ASSETS:	January 31, 2021		July 31, 2020
Recreational vehicles
North American Towables	$	1,721,615	$	1,529,913
North American Motorized	1,066,507		480,225
Total North America	2,788,122		2,010,138
European	3,031,529		3,102,071
Total recreational vehicles	5,819,651		5,112,209
Other, net	245,299		212,378
Corporate	304,596		446,873
Total	$	6,369,546	$	5,771,460

	Three Months Ended January 31,				Six Months Ended January 31,
DEPRECIATION AND INTANGIBLE AMORTIZATION EXPENSE:	2021		2020		2021		2020
Recreational vehicles
North American Towables	$	16,318	$	16,431	$	32,125	$	32,702
North American Motorized	5,334		3,514		9,104		7,008
Total North America	21,652		19,945		41,229		39,710
European	31,608		26,020		62,931		53,503
Total recreational vehicles	53,260		45,965		104,160		93,213
Other	3,039		2,523		5,950		5,034
Corporate	416		457		844		905
Total	$	56,715	$	48,945	$	110,954	$	99,152

CAPITAL ACQUISITIONS:	Three Months Ended January 31,				Six Months Ended January 31,
Recreational vehicles	2021		2020		2021		2020
North American Towables	$	6,913	$	7,421	$	16,321	$	18,696
North American Motorized	3,730		5,860		5,475		8,428
Total North America	10,643		13,281		21,796		27,124
European	13,322		7,150		23,216		22,177
Total recreational vehicles	23,965		20,431		45,012		49,301
Other	1,216		273		2,660		928
Corporate	28		430		389		928
Total	$	25,209	$	21,134	$	48,061	$	51,157