Business Segments

3 Months Ended

Oct. 31, 2024

Segment Reporting [Abstract]

Business Segments

Business Segments

The Company has three reportable segments, all related to recreational vehicles: (1) North American Towable Recreational Vehicles, (2) North American Motorized Recreational Vehicles and (3) European Recreational Vehicles. The operations of the Company's Airxcel and Postle subsidiaries are included in “Other”. Net sales included in Other relate primarily to the sale of specialized component parts and aluminum extrusions. Intercompany eliminations adjust for Airxcel and Postle sales to the Company’s North American Towable and North American Motorized segments, which are consummated at established transfer prices generally consistent with the selling prices of products to third parties.

The following tables reflect certain financial information by reportable segment:

	Three Months Ended October 31,
NET SALES:	2024		2023
Recreational vehicles
North American Towable	$	898,778	$	945,454
North American Motorized	505,208		711,159
Total North America	1,403,986		1,656,613
European	604,903		708,201
Total recreational vehicles	2,008,889		2,364,814
Other	193,511		198,921
Intercompany eliminations	(59,616)		(62,976)
Total	$	2,142,784	$	2,500,759

	Three Months Ended October 31,
INCOME (LOSS) BEFORE INCOME TAXES:	2024		2023
Recreational vehicles
North American Towable	$	46,821	$	49,249
North American Motorized	9,081		37,052
Total North America	55,902		86,301
European	1,177		28,767
Total recreational vehicles	57,079		115,068
Other, net	4,774		9,476
Corporate	(63,009)		(51,962)
Total	$	(1,156)	$	72,582

TOTAL ASSETS:	October 31, 2024		July 31, 2024
Recreational vehicles
North American Towable	$	1,402,332	$	1,290,117
North American Motorized	948,342		1,077,808
Total North America	2,350,674		2,367,925
European	2,814,560		2,871,316
Total recreational vehicles	5,165,234		5,239,241
Other	1,040,821		1,058,842
Corporate	667,126		722,740
Total	$	6,873,181	$	7,020,823

DEPRECIATION AND INTANGIBLE ASSET AMORTIZATION EXPENSE:	Three Months Ended October 31,
	2024		2023
Recreational vehicles
North American Towable	$	13,094	$	13,764
North American Motorized	8,656		8,942
Total North America	21,750		22,706
European	32,241		30,397
Total recreational vehicles	53,991		53,103
Other	12,872		13,626
Corporate	798		549
Total	$	67,661	$	67,278

	Three Months Ended October 31,
CAPITAL ACQUISITIONS:	2024		2023
Recreational vehicles
North American Towable	$	4,158	$	6,930
North American Motorized	3,136		7,475
Total North America	7,294		14,405
European	10,901		14,760
Total recreational vehicles	18,195		29,165
Other	3,629		8,291
Corporate	2,525		2,735
Total	$	24,349	$	40,191