Inventories

3 Months Ended

Oct. 31, 2019

Inventory Disclosure [Abstract]

Inventories

Inventories

Major classifications of inventories are as follows:

	October 31, 2019		July 31, 2019
Finished goods – RV	$	267,200	$	230,483
Finished goods – other	56,847		60,593
Work in process	124,479		126,636
Raw materials	301,469		300,721
Chassis	211,034		155,099
Subtotal	961,029		873,532
Excess of FIFO costs over LIFO costs	(45,544)		(45,544)
Total inventories, net	$	915,485	$	827,988

Of the $961,029 and $873,532 of inventories at October 31, 2019 and July 31, 2019, $279,708 and $240,983, respectively, were valued on the last-in, first-out (LIFO) basis, and $681,321 and $632,549, respectively, were valued on the first-in, first-out (FIFO) method.