CONCENTRATION OF RISK

12 Months Ended

Jul. 31, 2019

One dealer, FreedomRoads, LLC, accounted for approximately 18.5% of the Company’s consolidated net sales in fiscal 2019 and approximately 20.0% in both fiscal 2018 and fiscal 2017. Sales to this dealer are reported within both the North American towables and North American motorized segments. This dealer also accounted for approximately 19% of the Company’s consolidated trade accounts receivable at July 31, 2019 and approximately 26% at July 31, 2018. The loss of this dealer could have a material effect on the Company’s business.