Business Segments

9 Months Ended

Apr. 30, 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 April 30,						Nine Months Ended April 30,
	2015			2014			2015			2014
Net sales:
Recreational vehicles:
Towables	$	919,358		$	800,737		$	2,294,226		$	1,896,064
Motorized		254,897			246,086			654,437			586,052
Total	$	1,174,255		$	1,046,823		$	2,948,663		$	2,482,116
	Three Months Ended April 30,						Nine Months Ended April 30,
	2015			2014			2015			2014
Income (loss) from continuing operations before income taxes:
Recreational vehicles:
Towables	$	83,771		$	72,572		$	173,390		$	137,111
Motorized		19,853			17,669			46,821			42,305
Total recreational vehicles		103,624			90,241			220,211			179,416
Corporate		(9,063	)		(7,493	)		(24,807	)		(18,325	)
Total	$	94,561		$	82,748		$	195,404		$	161,091
							April 30, 2015			July 31, 2014
Total assets:
Recreational vehicles:
Towables							$	995,488		$	868,017
Motorized								207,201			170,251
Total recreational vehicles								1,202,689			1,038,268
Corporate								347,573			370,450
Total							$	1,550,262		$	1,408,718