Business Segments

6 Months Ended

Jan. 31, 2020

Segment Reporting [Abstract]

Business Segments

Business Segments

The Company has three reportable segments, all related to recreational vehicles: (1) North American towables, (2) North American motorized and (3) European.

The following tables reflect certain financial information by reportable segment:

	Three Months Ended January 31,				Six Months Ended January 31,
NET SALES:	2020		2019		2020		2019
Recreational vehicles
North American Towables	$	983,907	$	881,564	$	2,184,795	$	2,160,662
North American Motorized	343,680		371,495		759,569		802,693
Total North America	1,327,587		1,253,059		2,944,364		2,963,355
European	637,115		—		1,130,122		—
Total recreational vehicles	1,964,702		1,253,059		4,074,486		2,963,355
Other	57,745		55,114		131,311		128,962
Intercompany eliminations	(19,314)		(17,597)		(43,879)		(45,765)
Total	$	2,003,133	$	1,290,576	$	4,161,918	$	3,046,552

	Three Months Ended January 31,				Six Months Ended January 31,
INCOME (LOSS) BEFORE INCOME TAXES:	2020		2019		2020		2019
Recreational vehicles
North American Towables	$	53,426	$	34,060	$	157,748	$	108,610
North American Motorized	14,916		17,205		36,691		38,917
Total North America	68,342		51,265		194,439		147,527
European	4,690		—		(18,334)		—
Total recreational vehicles	73,032		51,265		176,105		147,527
Other, net	8,609		5,950		20,360		11,860
Corporate	(46,778)		(55,342)		(92,968)		(125,997)
Total	$	34,863	$	1,873	$	103,497	$	33,390

TOTAL ASSETS:	January 31, 2020		July 31, 2019
Recreational vehicles
North American Towables	$	1,565,409	$	1,516,519
North American Motorized	478,140		446,626
Total North America	2,043,549		1,963,145
European	3,106,854		3,077,804
Total recreational vehicles	5,150,403		5,040,949
Other, net	162,326		163,897
Corporate	315,748		455,600
Total	$	5,628,477	$	5,660,446

	Three Months Ended January 31,				Six Months Ended January 31,
DEPRECIATION AND INTANGIBLE AMORTIZATION EXPENSE:	2020		2019		2020		2019
Recreational vehicles
North American Towables	$	16,431	$	16,971	$	32,702	$	33,602
North American Motorized	3,514		3,443		7,008		6,879
Total North America	19,945		20,414		39,710		40,481
European	26,020		—		53,503		—
Total recreational vehicles	45,965		20,414		93,213		40,481
Other	2,523		2,693		5,034		5,267
Corporate	457		415		905		832
Total	$	48,945	$	23,522	$	99,152	$	46,580

	Three Months Ended January 31,				Six Months Ended January 31,
CAPITAL ACQUISITIONS:	2020		2019		2020		2019
Recreational vehicles
North American Towables	$	7,421	$	14,255	$	18,696	$	36,497
North American Motorized	5,860		2,809		8,428		10,228
Total North America	13,281		17,064		27,124		46,725
European	7,150		—		22,177		—
Total recreational vehicles	20,431		17,064		49,301		46,725
Other	273		287		928		2,731
Corporate	430		425		928		461
Total	$	21,134	$	17,776	$	51,157	$	49,917