XML 19 R5.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Jul. 31, 2025
Jul. 31, 2024
Jul. 31, 2023
Income Statement [Abstract]      
Net sales $ 9,579,490 $ 10,043,408 $ 11,121,605
Cost of products sold 8,238,849 8,591,446 9,525,252
Gross profit 1,340,641 1,451,962 1,596,353
Selling, general and administrative expenses 922,554 895,531 870,054
Amortization of intangible assets 119,027 132,544 140,808
Interest expense, net 48,441 88,666 97,447
Other income, net 45,572 13,623 11,309
Income before income taxes 296,191 348,844 499,353
Income taxes 39,600 83,444 125,113
Net income 256,591 265,400 374,240
Less: Net income (loss) attributable to non-controlling interests (1,968) 92 (31)
Net income attributable to THOR Industries, Inc. $ 258,559 $ 265,308 $ 374,271
Weighted-average common shares outstanding:      
Basic (in shares) 53,085,577 53,248,488 53,478,310
Diluted (in shares) 53,400,306 53,687,377 53,857,143
Earnings per common share:      
Basic (in dollars per share) $ 4.87 $ 4.98 $ 7.00
Diluted (in dollars per share) $ 4.84 $ 4.94 $ 6.95
Comprehensive income:      
Net income $ 256,591 $ 265,400 $ 374,240
Other comprehensive income (loss), net of tax      
Foreign currency translation gain (loss), net of tax 99,230 (25,925) 114,164
Unrealized (loss) on derivatives, net of tax 0 0 (675)
Other income (loss), net of tax 1,265 (86) (807)
Total other comprehensive income (loss), net of tax 100,495 (26,011) 112,682
Total comprehensive income 357,086 239,389 486,922
Comprehensive (loss) attributable to non-controlling interest (5,569) (760) (409)
Comprehensive income attributable to THOR Industries, Inc. $ 362,655 $ 240,149 $ 487,331