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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jan. 31, 2022
Jul. 31, 2021
Current assets:    
Cash and cash equivalents $ 305,243 $ 445,852
Restricted cash 25,080 2,854
Accounts receivable, trade, net 1,080,454 796,489
Accounts receivable, other, net 81,836 153,443
Inventories, net 1,679,079 1,369,384
Prepaid income taxes, expenses and other 29,004 35,501
Total current assets 3,200,696 2,803,523
Property, plant and equipment, net 1,216,323 1,185,131
Other assets:    
Goodwill 1,888,752 1,563,255
Amortizable intangible assets, net 1,237,947 937,171
Deferred income tax assets, net 1,597 41,216
Other 119,830 123,792
Total other assets 3,248,126 2,665,434
TOTAL ASSETS 7,665,145 6,654,088
Current liabilities:    
Accounts payable 1,002,636 915,045
Current portion of long-term debt 11,648 12,411
Short-term financial obligations 27,827 25,720
Accrued liabilities:    
Compensation and related items 258,888 249,761
Product warranties 296,158 267,620
Income and other taxes 70,373 85,789
Promotions and rebates 101,806 128,869
Product, property and related liabilities 52,394 38,590
Other 82,684 70,980
Total current liabilities 1,904,414 1,794,785
Long-term debt 2,167,734 1,594,821
Deferred income tax liabilities, net 144,307 113,598
Unrecognized tax benefits 19,543 15,844
Other liabilities 175,563 186,934
Total long-term liabilities 2,507,147 1,911,197
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 66,059,403 and 65,651,570 shares, respectively 6,606 6,565
Additional paid-in capital 479,946 460,482
Retained earnings 3,231,378 2,770,401
Accumulated other comprehensive income (loss), net of tax (55,703) 44,621
Less treasury shares of 11,029,159 and 10,285,329, respectively, at cost (436,568) (360,226)
Stockholders’ equity attributable to THOR Industries, Inc. 3,225,659 2,921,843
Non-controlling interests 27,925 26,263
Total stockholders’ equity 3,253,584 2,948,106
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 7,665,145 $ 6,654,088