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Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 31, 2019
Jul. 31, 2019
Current assets:    
Cash and cash equivalents $ 231,778 $ 425,615
Restricted cash 38,704 25,647
Accounts receivable, trade, net 556,176 478,531
Factored accounts receivable 168,418 173,405
Accounts receivable, other, net 51,978 64,291
Inventories, net 915,485 827,988
Prepaid income taxes, expenses and other 30,944 41,880
Total current assets 1,993,483 2,037,357
Property, plant and equipment, net 1,104,764 1,092,471
Other assets:    
Goodwill 1,361,265 1,358,032
Amortizable intangible assets, net 946,581 970,811
Deferred income tax assets, net 67,778 73,176
Equity investment in joint ventures 44,086 46,181
Other 89,584 82,418
Total other assets 2,509,294 2,530,618
TOTAL ASSETS 5,607,541 5,660,446
Current liabilities:    
Accounts payable 569,844 551,831
Current portion of long-term debt 18,328 17,370
Short-term financial obligations 36,566 44,094
Accrued liabilities:    
Compensation and related items 133,796 135,560
Product warranties 285,600 289,679
Income and other taxes 44,952 61,483
Promotions and rebates 74,520 95,052
Product, property and related liabilities 16,482 17,595
Dividends payable 22,080 0
Liabilities related to factored receivables 168,418 173,405
Other 68,799 62,256
Total current liabilities 1,439,385 1,448,325
Long-term debt 1,780,091 1,885,253
Deferred income tax liabilities, net 135,731 135,703
Unrecognized tax benefits 12,469 10,799
Other liabilities 114,894 85,138
Total long-term liabilities 2,043,185 2,116,893
Contingent liabilities and commitments
Stockholders' equity:    
Preferred stock – authorized 1,000,000 shares; none outstanding 0 0
Common stock – par value of $.10 per share; authorized 250,000,000 shares; issued 65,396,531 and 65,189,907 shares, respectively 6,540 6,519
Additional paid-in capital 422,831 416,382
Retained earnings 2,095,659 2,066,674
Accumulated other comprehensive loss, net of tax (59,591) (57,004)
Less treasury shares of 10,197,775 and 10,126,434, respectively, at cost (351,909) (348,146)
Stockholders' equity attributable to Thor Industries, Inc. 2,113,530 2,084,425
Non-controlling interests 11,441 10,803
Total stockholders' equity 2,124,971 2,095,228
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 5,607,541 $ 5,660,446