Accumulated Other Comprehensive Loss

9 Months Ended

Apr. 30, 2020

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

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


	Three Months Ended
	April 30, 2020														April 30, 2019
	Foreign Currency		Unrealized						Foreign Currency		Unrealized
	Translation		Gain (Loss) on						Translation		Gain (Loss) on
	Adjustment		Derivative		Other		Total		Adjustment		Derivative		Total
Balance at beginning of period	$	(57,987)	$	(13,418)	$	(1,048)	$	(72,453)	$	—	$	—	$	—
OCI before reclassifications	(25,245)		(12,059)		—		(37,304)		(34,183)		(5,310)		(39,493)
Income taxes associated with OCI before reclassifications	—		2,792		—		2,792		—		1,283		1,283
Amounts reclassified from AOCI	—		1,979		—		1,979		—		337		337
Income taxes associated with amounts reclassified from AOCI	—		(475)		—		(475)		—		(91)		(91)
AOCI, net of tax	(83,232)		(21,181)		(1,048)		(105,461)		(34,183)		(3,781)		(37,964)
Less: AOCI attributable to noncontrolling interest	(1,237)		—		—		(1,237)		(73)		—		(73)
AOCI, net of tax, attributable to Thor Industries Inc.	$	(81,995)	$	(21,181)	$	(1,048)	$	(104,224)	$	(34,110)	$	(3,781)	$	(37,891)

	Nine Months Ended
	April 30, 2020														April 30, 2019
	Foreign Currency		Unrealized						Foreign Currency		Unrealized
	Translation		Gain (Loss) on						Translation		Gain (Loss) on
	Adjustment		Derivative		Other		Total		Adjustment		Derivative		Total
Balance at beginning of period	$	(47,078)	$	(9,472)	$	(1,048)	$	(57,598)	$	—	$	—	$	—
OCI before reclassifications	(36,154)		(19,885)		—		(56,039)		(34,183)		(5,310)		(39,493)
Income taxes associated with OCI before reclassifications	—		4,724		—		4,724		—		1,283		1,283
Amounts reclassified from AOCI	—		4,561		—		4,561		—		337		337
Income taxes associated with amounts reclassified from AOCI	—		(1,109)		—		(1,109)		—		(91)		(91)
AOCI, net of tax	(83,232)		(21,181)		(1,048)		(105,461)		(34,183)		(3,781)		(37,964)
Less: AOCI attributable to noncontrolling interest	(1,237)		—		—		(1,237)		(73)		—		(73)
AOCI, net of tax, attributable to Thor Industries Inc.	$	(81,995)	$	(21,181)	$	(1,048)	$	(104,224)	$	(34,110)	$	(3,781)	$	(37,891)

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.