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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Apr. 30, 2023
Jul. 31, 2022
Current assets:    
Cash and cash equivalents $ 353,226 $ 311,553
Accounts receivable, trade, net 731,753 848,814
Accounts receivable, other, net 79,790 95,367
Inventories, net 1,864,755 1,754,773
Prepaid income taxes, expenses and other 55,249 51,972
Total current assets 3,084,773 3,062,479
Property, plant and equipment, net 1,360,144 1,258,159
Other assets:    
Goodwill 1,796,743 1,804,151
Amortizable intangible assets, net 1,030,833 1,117,492
Deferred income tax assets, net 8,019 7,950
Equity investments 128,325 10,811
Other 145,122 147,090
Total other assets 3,109,042 3,087,494
TOTAL ASSETS 7,553,959 7,408,132
Current liabilities:    
Accounts payable 793,977 822,449
Current portion of long-term debt 11,268 13,190
Short-term financial obligations 40,025 21,403
Accrued liabilities:    
Compensation and related items 196,322 254,772
Product warranties 339,698 317,908
Income and other taxes 61,679 57,391
Promotions and rebates 158,015 134,298
Product, property and related liabilities 58,015 61,700
Other 61,541 72,805
Total current liabilities 1,720,540 1,755,916
Long-term debt, net 1,641,076 1,754,239
Deferred income tax liabilities, net 103,156 115,931
Unrecognized tax benefits 18,950 17,243
Other liabilities 171,961 164,149
Total long-term liabilities 1,935,143 2,051,562
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 66,334,072 and 66,059,403 shares, respectively 6,633 6,606
Additional paid-in capital 527,200 497,946
Retained earnings 4,025,267 3,813,261
Accumulated other comprehensive loss, net of tax (74,928) (181,607)
Less treasury shares of 13,025,898 and 12,382,441, respectively, at cost (592,275) (543,344)
Stockholders’ equity attributable to THOR Industries, Inc. 3,891,897 3,592,862
Non-controlling interests 6,379 7,792
Total stockholders’ equity 3,898,276 3,600,654
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 7,553,959 $ 7,408,132