Accumulated Other Comprehensive Loss

3 Months Ended

Oct. 31, 2019

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

The components of other comprehensive income (loss) ("OCI") and the changes in the Company's accumulated OCI ("AOCI") by component were as follows:

	Three Months Ended
	October 31, 2019
	Foreign Currency		Unrealized
	Translation		Gain (Loss) on
	Adjustment		Derivative		Other		Total
Balance at beginning of period	$	(47,078)	$	(9,472)	$	(1,048)	$	(57,598)
OCI before reclassifications	993		(5,554)		—		(4,561)
Income taxes associated with OCI before reclassifications	—		1,337		—		1,337
Amounts reclassified from AOCI	—		647		—		647
Income taxes associated with amounts reclassified from AOCI	—		(152)		—		(152)
AOCI, net of tax	(46,085)		(13,194)		(1,048)		(60,327)
Less: OCI attributable to noncontrolling interest	(736)		—		—		(736)
AOCI, net of tax attributable to Thor Industries Inc.	$	(45,349)	$	(13,194)	$	(1,048)	$	(59,591)

The Company does not recognize deferred taxes for a majority of the foreign currency translation gains and losses because the Company does not anticipate reversal in the foreseeable future.