Business Segments

3 Months Ended

Oct. 31, 2013

Business Segments

4. Business Segments

The Company has two continuing reportable segments: (1) towable recreational vehicles and (2) motorized recreational vehicles. The towable recreational vehicle reportable segment consists of product lines from the following operating segments that have been aggregated: Airstream, CrossRoads, Dutchmen, Keystone, Heartland, Livin’ Lite and Bison. The motorized recreational vehicle reportable segment consists of product lines from the following operating segments that have been aggregated: Airstream and Thor Motor Coach.

All manufacturing is conducted in the United States. Identifiable assets are those assets used in the operation of each reportable segment. Corporate assets primarily consist of cash and cash equivalents and deferred income tax assets.

	Three Months Ended October 31,
	2013		2012
Net sales:
Recreational vehicles:
Towables	$	622,853	$	639,182
Motorized		177,110		122,242
Total	$	799,963	$	761,424
	Three Months Ended October 31,
	2013		2012
Income (loss) from continuing operations before income taxes:
Recreational vehicles:
Towables	$	45,624	$	42,710
Motorized		13,443		8,438
Total recreational vehicles		59,067		51,148
Corporate		(4,626)		(6,980)
Total	$	54,441	$	44,168

	October 31, 2013		July 31, 2013
Identifiable assets:
Recreational vehicles:
Towables	$	794,938	$	759,658
Motorized		134,397		126,123
Total recreational vehicles		929,335		885,781
Corporate		389,390		305,981
Assets of discontinued operations		–		136,506
Total	$	1,318,725	$	1,328,268