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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 30, 2021
Jul. 31, 2020
Current assets:    
Cash and cash equivalents $ 294,562 $ 538,519
Restricted cash 2,900 2,844
Accounts receivable, trade, net 769,826 588,069
Factored accounts receivable 122,671 143,278
Accounts receivable, other, net 121,651 82,880
Inventories, net 1,484,054 716,305
Prepaid income taxes, expenses and other 50,124 30,382
Total current assets 2,845,788 2,102,277
Property, plant and equipment, net 1,158,380 1,107,649
Other assets:    
Goodwill 1,577,828 1,476,541
Amortizable intangible assets, net 976,261 914,724
Deferred income tax assets, net 49,754 78,738
Other 105,956 91,531
Total other assets 2,709,799 2,561,534
TOTAL ASSETS 6,713,967 5,771,460
Current liabilities:    
Accounts payable 1,033,026 636,506
Current portion of long-term debt 12,559 13,817
Short-term financial obligations 34,654 35,939
Accrued liabilities:    
Compensation and related items 246,680 160,083
Product warranties 261,965 252,869
Income and other taxes 44,254 83,893
Promotions and rebates 108,893 97,378
Product, property and related liabilities 21,292 15,440
Liabilities related to factored receivables 122,671 143,278
Other 65,927 76,078
Total current liabilities 1,951,921 1,515,281
Long-term debt 1,718,127 1,652,831
Deferred income tax liabilities, net 123,530 123,802
Unrecognized tax benefits 19,864 12,765
Other liabilities 142,603 121,212
Total long-term liabilities 2,004,124 1,910,610
Contingent liabilities and commitments
Stockholders’ equity:    
Preferred stock – authorized 1,000,000 shares; none outstanding 0 0
Common stock – par value of $.10 per share; authorized 250,000,000 shares; issued 65,651,570 and 65,396,531 shares, respectively 6,565 6,540
Additional paid-in capital 454,327 436,828
Retained earnings 2,562,822 2,201,330
Accumulated other comprehensive income, net of tax 69,211 26,993
Less treasury shares of 10,285,329 and 10,197,775, respectively, at cost (360,226) (351,909)
Stockholders' equity attributable to THOR Industries, Inc. 2,732,699 2,319,782
Non-controlling interests 25,223 25,787
Total stockholders’ equity 2,757,922 2,345,569
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 6,713,967 $ 5,771,460