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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jan. 31, 2023
Jul. 31, 2022
Current assets:    
Cash and cash equivalents $ 281,556 $ 311,553
Accounts receivable, trade, net 572,301 848,814
Accounts receivable, other, net 78,659 95,367
Inventories, net 1,864,647 1,754,773
Prepaid income taxes, expenses and other 65,864 51,972
Total current assets 2,863,027 3,062,479
Property, plant and equipment, net 1,325,032 1,258,159
Other assets:    
Goodwill 1,783,776 1,804,151
Amortizable intangible assets, net 1,060,563 1,117,492
Deferred income tax assets, net 8,381 7,950
Equity investments 124,290 10,811
Other 146,891 147,090
Total other assets 3,123,901 3,087,494
TOTAL ASSETS 7,311,960 7,408,132
Current liabilities:    
Accounts payable 639,440 822,449
Current portion of long-term debt 11,116 13,190
Short-term financial obligations 36,427 21,403
Accrued liabilities:    
Compensation and related items 157,283 254,772
Product warranties 326,665 317,908
Income and other taxes 41,871 57,391
Promotions and rebates 127,571 134,298
Product, property and related liabilities 60,897 61,700
Other 65,219 72,805
Total current liabilities 1,466,489 1,755,916
Long-term debt, net 1,758,506 1,754,239
Deferred income tax liabilities, net 107,218 115,931
Unrecognized tax benefits 18,375 17,243
Other liabilities 173,242 164,149
Total long-term liabilities 2,057,341 2,051,562
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 66,334,072 and 66,059,403 shares, respectively 6,633 6,606
Additional paid-in capital 517,510 497,946
Retained earnings 3,928,361 3,813,261
Accumulated other comprehensive loss, net of tax (96,046) (181,607)
Less treasury shares of 12,815,099 and 12,382,441, respectively, at cost (575,675) (543,344)
Stockholders’ equity attributable to THOR Industries, Inc. 3,780,783 3,592,862
Non-controlling interests 7,347 7,792
Total stockholders’ equity 3,788,130 3,600,654
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 7,311,960 $ 7,408,132