5.	Inventories

Major classifications of inventories are as follows:


	January 31, 2017			July 31, 2016
Finished goods – RV	$	51,610		$	39,943
Finished goods – other		24,535			20,141
Work in process		128,501			97,872
Raw materials		200,508			173,362
Chassis		102,979			102,686

Total		508,133			434,004
Excess of FIFO costs over LIFO costs		(30,535	)		(30,135	)

Total inventories, net	$	477,598		$	403,869

Of the $508,133 and $434,004 of inventories at January 31, 2017 and July 31, 2016, $299,754 and $219,050, respectively, was valued on the last-in, first-out (LIFO) basis, and $208,379 and $214,954, respectively, was valued on the first-in, first-out (FIFO) method.