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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2022
Jul. 31, 2021
Current assets:    
Cash and cash equivalents $ 311,553 $ 445,852
Restricted cash 137 2,854
Accounts receivable, trade, net 848,814 796,489
Accounts receivable, other, net 95,367 153,443
Inventories, net 1,754,773 1,369,384
Prepaid income taxes, expenses and other 51,835 35,501
Total current assets 3,062,479 2,803,523
Property, plant and equipment, net 1,258,159 1,185,131
Other assets:    
Goodwill 1,804,151 1,563,255
Amortizable intangible assets, net 1,117,492 937,171
Deferred income tax assets, net 7,950 41,216
Other 157,901 123,792
Total other assets 3,087,494 2,665,434
TOTAL ASSETS 7,408,132 6,654,088
Current liabilities:    
Accounts payable 822,449 915,045
Current portion of long-term debt 13,190 12,411
Short-term financial obligations 21,403 25,720
Accrued liabilities:    
Compensation and related items 254,772 249,761
Product warranties 317,908 267,620
Income and other taxes 57,391 85,789
Promotions and rebates 134,298 128,869
Product, property and related liabilities 61,700 38,590
Other 72,805 70,980
Total current liabilities 1,755,916 1,794,785
Long-term debt 1,754,239 1,594,821
Deferred income tax liabilities, net 115,931 113,598
Unrecognized tax benefits 17,243 15,844
Other liabilities 164,149 186,934
Total long-term liabilities 2,051,562 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 497,946 460,482
Retained earnings 3,813,261 2,770,401
Accumulated other comprehensive income (loss), net of tax (181,607) 44,621
Less treasury shares of 12,382,441 and 10,285,329, respectively, at cost (543,344) (360,226)
Stockholders’ equity attributable to THOR Industries, Inc. 3,592,862 2,921,843
Non-controlling interests 7,792 26,263
Total stockholders’ equity 3,600,654 2,948,106
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 7,408,132 $ 6,654,088