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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jan. 31, 2021
Jul. 31, 2020
Current assets:    
Cash and cash equivalents $ 183,634 $ 538,519
Restricted cash 2,913 2,844
Accounts receivable, trade, net 724,026 588,069
Factored accounts receivable 128,672 143,278
Accounts receivable, other, net 91,268 82,880
Inventories, net 1,300,185 716,305
Prepaid income taxes, expenses and other 64,851 30,382
Total current assets 2,495,549 2,102,277
Property, plant and equipment, net 1,132,722 1,107,649
Other assets:    
Goodwill 1,581,990 1,476,541
Amortizable intangible assets, net 1,009,431 914,724
Deferred income tax assets, net 46,460 78,738
Other 103,394 91,531
Total other assets 2,741,275 2,561,534
TOTAL ASSETS 6,369,546 5,771,460
Current liabilities:    
Accounts payable 803,496 636,506
Current portion of long-term debt 12,802 13,817
Short-term financial obligations 36,672 35,939
Accrued liabilities:    
Compensation and related items 203,379 160,083
Product warranties 251,009 252,869
Income and other taxes 49,868 83,893
Promotions and rebates 95,973 97,378
Product, property and related liabilities 18,939 15,440
Liabilities related to factored receivables 128,672 143,278
Other 71,597 76,078
Total current liabilities 1,672,407 1,515,281
Long-term debt 1,821,522 1,652,831
Deferred income tax liabilities, net 123,486 123,802
Unrecognized tax benefits 18,748 12,765
Other liabilities 136,672 121,212
Total long-term liabilities 2,100,428 1,910,610
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 65,651,570 and 65,396,531 shares, respectively 6,565 6,540
Additional paid-in capital 448,010 436,828
Retained earnings 2,402,211 2,201,330
Accumulated other comprehensive income, net of tax 73,676 26,993
Less treasury shares of 10,285,329 and 10,197,775, respectively, at cost (360,226) (351,909)
Stockholders' equity attributable to THOR Industries, Inc. 2,570,236 2,319,782
Non-controlling interests 26,475 25,787
Total stockholders’ equity 2,596,711 2,345,569
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 6,369,546 $ 5,771,460