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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Apr. 30, 2020
Apr. 30, 2019
Apr. 30, 2020
Apr. 30, 2019
Income Statement [Abstract]        
Net sales $ 1,681,735 $ 2,506,583 $ 5,843,653 $ 5,553,135
Cost of products sold 1,476,102 2,214,153 5,072,803 4,911,853
Gross profit 205,633 292,430 770,850 641,282
Selling, general and administrative expenses 128,147 176,983 478,968 364,745
Amortization of intangible assets 24,079 25,259 72,645 50,376
Impairment charges 0 0 10,057 0
Acquisition-related costs 0 13,363 0 112,511
Interest income 847 2,547 2,796 5,444
Interest expense 26,868 35,509 82,127 37,244
Other income (expense), net (6,157) (2,340) (5,123) (6,937)
Income before income taxes 21,229 41,523 124,726 74,913
Income tax provision (benefit) (1,555) 10,085 23,071 34,939
Net income 22,784 31,438 101,655 39,974
Less: Net loss attributable to non-controlling interest (1,284) (1,246) (2,151) (1,246)
Net income attributable to Thor Industries, Inc. $ 24,068 $ 32,684 $ 103,806 $ 41,220
Weighted-average common shares outstanding:        
Basic (in shares) 55,198,756 55,063,473 55,163,943 53,515,491
Diluted (in shares) 55,392,982 55,166,067 55,337,665 53,627,627
Earnings per common share:        
Basic (in dollars per share) $ 0.44 $ 0.59 $ 1.88 $ 0.77
Diluted (in dollars per share) $ 0.43 $ 0.59 $ 1.88 $ 0.77
Comprehensive income (loss):        
Net income $ 22,784 $ 31,438 $ 101,655 $ 39,974
Other comprehensive loss, net of tax        
Foreign currency translation adjustment (25,245) (34,183) (36,154) (34,183)
Unrealized loss on derivatives, net of tax (7,763) (3,781) (11,709) (3,781)
Total other comprehensive loss, net of tax (33,008) (37,964) (47,863) (37,964)
Total Comprehensive income (loss) (10,224) (6,526) 53,792 2,010
Less: Comprehensive loss attributable to non-controlling interest (1,483) (1,319) (2,794) (1,319)
Comprehensive income (loss) attributable to Thor Industries, Inc. $ (8,741) $ (5,207) $ 56,586 $ 3,329