Business Segments

3 Months Ended

Oct. 31, 2022

Segment Reporting [Abstract]

Business Segments

Business Segments

The Company has three reportable segments, all related to recreational vehicles: (1) North American towables, (2) North American motorized and (3) European. The operations of the Company's Postle, Roadpass Digital and Airxcel subsidiaries are included in “Other”. Net sales included in Other related primarily to the sale of specialized component parts and aluminum extrusions. Intercompany eliminations adjust for Postle and Airxcel sales to the Company’s North American towables and North American motorized segments, which are consummated at established transfer prices generally consistent with the selling prices of products to third parties.

The following tables reflect certain financial information by reportable segment:

	Three Months Ended October 31,
NET SALES:	2022		2021
Recreational vehicles
North American Towables	$	1,317,806	$	2,240,834
North American Motorized	1,123,519		925,028
Total North America	2,441,325		3,165,862
European	504,302		632,997
Total recreational vehicles	2,945,627		3,798,859
Other	232,648		257,830
Intercompany eliminations	(70,191)		(98,465)
Total	$	3,108,084	$	3,958,224

	Three Months Ended October 31,
INCOME (LOSS) BEFORE INCOME TAXES:	2022		2021
Recreational vehicles
North American Towables	$	111,007	$	266,282
North American Motorized	124,433		88,898
Total North America	235,440		355,180
European	(6,468)		(17,976)
Total recreational vehicles	228,972		337,204
Other, net	4,745		23,529
Corporate	(54,446)		(47,891)
Total	$	179,271	$	312,842

TOTAL ASSETS:	October 31, 2022		July 31, 2022
Recreational vehicles
North American Towables	$	1,836,534	$	2,040,841
North American Motorized	1,449,353		1,239,476
Total North America	3,285,887		3,280,317
European	2,397,580		2,449,270
Total recreational vehicles	5,683,467		5,729,587
Other	1,251,852		1,272,829
Corporate	345,946		405,716
Total	$	7,281,265	$	7,408,132

DEPRECIATION AND INTANGIBLE AMORTIZATION EXPENSE:	Three Months Ended October 31,
	2022		2021
Recreational vehicles
North American Towables	$	15,437	$	16,302
North American Motorized	8,161		7,022
Total North America	23,598		23,324
European	27,302		34,713
Total recreational vehicles	50,900		58,037
Other	15,648		6,480
Corporate	445		436
Total	$	66,993	$	64,953

	Three Months Ended October 31,
CAPITAL ACQUISITIONS:	2022		2021
Recreational vehicles
North American Towables	$	21,174	$	13,134
North American Motorized	19,064		8,629
Total North America	40,238		21,763
European	8,920		14,802
Total recreational vehicles	49,158		36,565
Other	4,812		4,417
Corporate	120		34
Total	$	54,090	$	41,016