Accumulated Other Comprehensive Loss

6 Months Ended

Jan. 31, 2020

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
	January 31, 2020
	Foreign Currency		Unrealized
	Translation		Gain (Loss) on
	Adjustment		Derivative		Other		Total
Balance at beginning of period	$	(46,085)	$	(13,194)	$	(1,048)	$	(60,327)
OCI before reclassifications	(11,902)		(2,272)		—		(14,174)
Income taxes associated with OCI before reclassifications	—		595		—		595
Amounts reclassified from AOCI	—		1,935		—		1,935
Income taxes associated with amounts reclassified from AOCI	—		(482)		—		(482)
AOCI, net of tax	(57,987)		(13,418)		(1,048)		(72,453)
Less: AOCI attributable to noncontrolling interest	(1,038)		—		—		(1,038)
AOCI, net of tax attributable to Thor Industries Inc.	$	(56,949)	$	(13,418)	$	(1,048)	$	(71,415)
	Six Months Ended
	January 31, 2020
	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	(10,909)		(7,826)		—		(18,735)
Income taxes associated with OCI before reclassifications	—		1,932		—		1,932
Amounts reclassified from AOCI	—		2,582		—		2,582
Income taxes associated with amounts reclassified from AOCI	—		(634)		—		(634)
AOCI, net of tax	(57,987)		(13,418)		(1,048)		(72,453)
Less: AOCI attributable to noncontrolling interest	(1,038)		—		—		(1,038)
AOCI, net of tax attributable to Thor Industries Inc.	$	(56,949)	$	(13,418)	$	(1,048)	$	(71,415)

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.