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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Oct. 31, 2024
Jul. 31, 2024
Current assets:    
Cash and cash equivalents $ 445,222 $ 501,316
Accounts receivable, trade, net 516,425 502,301
Accounts receivable, other, net 122,020 198,594
Inventories, net 1,371,771 1,366,638
Prepaid income taxes, expenses and other 77,526 81,178
Total current assets 2,532,964 2,650,027
Property, plant and equipment, net 1,380,362 1,390,718
Other assets:    
Goodwill 1,791,704 1,786,973
Amortizable intangible assets, net 833,098 861,133
Deferred income tax assets, net 26,455 28,414
Equity investments 137,769 137,272
Other 170,829 166,286
Total other assets 2,959,855 2,980,078
TOTAL ASSETS 6,873,181 7,020,823
Current liabilities:    
Accounts payable 571,639 628,134
Current portion of long-term debt 32,206 32,650
Short-term financial obligations 69,850 72,051
Accrued liabilities:    
Compensation and related items 173,144 185,249
Product warranties 300,775 311,627
Income and other taxes 78,545 74,987
Promotions and rebates 156,252 169,928
Product, property and related liabilities 20,871 32,278
Dividends payable 26,551 0
Other 51,672 60,118
Total current liabilities 1,481,505 1,567,022
Long-term debt, net 1,043,790 1,101,265
Deferred income tax liabilities, net 72,069 74,401
Unrecognized tax benefits 12,004 12,405
Other liabilities 201,857 191,677
Total long-term liabilities 1,329,720 1,379,748
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 67,114,970 and 66,859,738 shares, respectively 6,711 6,686
Additional paid-in capital 589,414 577,015
Retained earnings 4,226,351 4,254,734
Accumulated other comprehensive loss, net of tax (81,805) (93,706)
Less: Treasury shares of 14,012,706 and 13,928,314, respectively, at cost (686,339) (677,299)
Stockholders’ equity attributable to THOR Industries, Inc. 4,054,332 4,067,430
Non-controlling interests 7,624 6,623
Total stockholders’ equity 4,061,956 4,074,053
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 6,873,181 $ 7,020,823