Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Apr. 30, 2022

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of accumulated other comprehensive income (loss)

The components of other comprehensive income (loss) (“OCI”) and the changes in the Company’s accumulated other comprehensive income (loss) (“AOCI”) by component were as follows:

	Three Months Ended April 30, 2022
	Foreign Currency Translation Adjustment		Unrealized Gain (Loss) on Derivatives		Other		AOCI, net of tax, Attributable to THOR		Non-controlling Interests		Total AOCI
Balance at beginning of period, net of tax	$	(50,284)	$	(4,171)	$	(1,248)	$	(55,703)	$	(1,477)	$	(57,180)
OCI before reclassifications	(90,526)		2,680		—		(87,846)		(384)		(88,230)
Income taxes associated with OCI before reclassifications (1)	—		(642)		—		(642)		—		(642)
Amounts reclassified from AOCI	—		2,111		—		2,111		—		2,111
Income taxes associated with amounts reclassified from AOCI	—		(529)		—		(529)		—		(529)
OCI, net of tax for the fiscal period	(90,526)		3,620		—		(86,906)		(384)		(87,290)
Balance at end of period, net of tax	$	(140,810)	$	(551)	$	(1,248)	$	(142,609)	$	(1,861)	$	(144,470)
	Three Months Ended April 30, 2021
	Foreign Currency Translation Adjustment		Unrealized Gain (Loss) on Derivatives		Other		AOCI, net of tax, Attributable to THOR		Non-controlling Interests		Total AOCI
Balance at beginning of period, net of tax	$	87,512	$	(13,140)	$	(696)	$	73,676	$	(715)	$	72,961
OCI before reclassifications	(7,394)		193		—		(7,201)		(55)		(7,256)
Income taxes associated with OCI before reclassifications (1)	—		(46)		—		(46)		—		(46)
Amounts reclassified from AOCI	—		3,703		—		3,703		—		3,703
Income taxes associated with amounts reclassified from AOCI	—		(921)		—		(921)		—		(921)
OCI, net of tax for the fiscal period	(7,394)		2,929		—		(4,465)		(55)		(4,520)
Balance at end of period, net of tax	$	80,118	$	(10,211)	$	(696)	$	69,211	$	(770)	$	68,441

	Nine Months Ended April 30, 2022
	Foreign Currency Translation Adjustment		Unrealized Gain (Loss) on Derivatives		Other		AOCI, net of tax, Attributable to THOR		Non-controlling Interests		Total AOCI
Balance at beginning of period, net of tax	$	54,152	$	(8,655)	$	(876)	$	44,621	$	(772)	$	43,849
OCI before reclassifications	(194,962)		3,269		(372)		(192,065)		(1,089)		(193,154)
Income taxes associated with OCI before reclassifications (1)	—		(733)		—		(733)		—		(733)
Amounts reclassified from AOCI	—		7,375		—		7,375		—		7,375
Income taxes associated with amounts reclassified from AOCI	—		(1,807)		—		(1,807)		—		(1,807)
OCI, net of tax for the fiscal period	(194,962)		8,104		(372)		(187,230)		(1,089)		(188,319)
Balance at end of period, net of tax	$	(140,810)	$	(551)	$	(1,248)	$	(142,609)	$	(1,861)	$	(144,470)
	Nine Months Ended April 30, 2021
	Foreign Currency Translation Adjustment		Unrealized Gain (Loss) on Derivatives		Other		AOCI, net of tax, Attributable to THOR		Non-controlling Interests		Total AOCI
Balance at beginning of period, net of tax	$	46,512	$	(18,823)	$	(696)	$	26,993	$	(855)	$	26,138
OCI before reclassifications	33,606		573		—		34,179		85		34,264
Income taxes associated with OCI before reclassifications (1)	—		(133)		—		(133)		—		(133)
Amounts reclassified from AOCI	—		10,752		—		10,752		—		10,752
Income taxes associated with amounts reclassified from AOCI	—		(2,580)		—		(2,580)		—		(2,580)
OCI, net of tax for the fiscal period	33,606		8,612		—		42,218		85		42,303
Balance at end of period, net of tax	$	80,118	$	(10,211)	$	(696)	$	69,211	$	(770)	$	68,441

(1)We do not recognize deferred taxes for a majority of the foreign currency translation gains and losses because we do not anticipate reversal in the foreseeable future.