Business Segments

6 Months Ended

Jan. 31, 2015

Business Segments

4. Business Segments

The Company has two reportable segments: (1) towable recreational vehicles and (2) motorized recreational vehicles. The towable recreational vehicle reportable segment consists of the following operating segments that have been aggregated: Airstream (towable), Bison, CrossRoads, Heartland (including its wholly owned subsidiaries CRV and DRV), Keystone, KZ and Livin’ Lite. The motorized recreational vehicle reportable segment consists of the following operating segments that have been aggregated: Airstream (motorized) and Thor Motor Coach.

All manufacturing is conducted in the United States. Total assets include 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 January 31,						Six Months Ended January 31,
	2015			2014			2015			2014
Net sales:
Recreational vehicles:
Towables	$	675,090		$	472,474		$	1,374,868		$	1,095,327
Motorized		177,326			162,856			399,540			339,966
Total	$	852,416		$	635,330		$	1,774,408		$	1,435,293
	Three Months Ended January 31,						Six Months Ended January 31,
	2015			2014			2015			2014
Income (loss) from continuing operations before income taxes:
Recreational vehicles:
Towables	$	40,320		$	18,915		$	89,619		$	64,539
Motorized		11,867			11,193			26,968			24,636
Total recreational vehicles		52,187			30,108			116,587			89,175
Corporate		(8,050	)		(6,206	)		(15,744	)		(10,832	)
Total	$	44,137		$	23,902		$	100,843		$	78,343
							January 31, 2015			July 31, 2014
Total assets:
Recreational vehicles:
Towables							$	932,530		$	868,017
Motorized								175,456			170,251
Total recreational vehicles								1,107,986			1,038,268
Corporate								347,797			370,450
Total							$	1,455,783		$	1,408,718