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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Apr. 30, 2022
Jul. 31, 2021
Current assets:    
Cash and cash equivalents $ 329,297 $ 445,852
Restricted cash 2,682 2,854
Accounts receivable, trade, net 1,166,316 796,489
Accounts receivable, other, net 80,482 153,443
Inventories, net 1,734,079 1,369,384
Prepaid income taxes, expenses and other 45,658 35,501
Total current assets 3,358,514 2,803,523
Property, plant and equipment, net 1,233,907 1,185,131
Other assets:    
Goodwill 1,834,873 1,563,255
Amortizable intangible assets, net 1,171,149 937,171
Deferred income tax assets, net 1,159 41,216
Other 135,898 123,792
Total other assets 3,143,079 2,665,434
TOTAL ASSETS 7,735,500 6,654,088
Current liabilities:    
Accounts payable 1,029,300 915,045
Current portion of long-term debt 10,991 12,411
Short-term financial obligations 18,189 25,720
Accrued liabilities:    
Compensation and related items 280,662 249,761
Product warranties 309,377 267,620
Income and other taxes 66,808 85,789
Promotions and rebates 123,930 128,869
Product, property and related liabilities 46,971 38,590
Other 85,429 70,980
Total current liabilities 1,971,657 1,794,785
Long-term debt 1,983,596 1,594,821
Deferred income tax liabilities, net 141,520 113,598
Unrecognized tax benefits 25,603 15,844
Other liabilities 171,941 186,934
Total long-term liabilities 2,322,660 1,911,197
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 66,059,403 and 65,651,570 shares, respectively 6,606 6,565
Additional paid-in capital 490,686 460,482
Retained earnings 3,555,766 2,770,401
Accumulated other comprehensive income (loss), net of tax (142,609) 44,621
Less treasury shares of 11,528,265 and 10,285,329, respectively, at cost (476,558) (360,226)
Stockholders’ equity attributable to THOR Industries, Inc. 3,433,891 2,921,843
Non-controlling interests 7,292 26,263
Total stockholders’ equity 3,441,183 2,948,106
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 7,735,500 $ 6,654,088