XML 27 R15.htm IDEA: XBRL DOCUMENT

Inventories

9 Months Ended

Apr. 30, 2019

8.	Inventories

Major classifications of inventories are as follows:


	April 30, 2019			July 31, 2018
Finished goods – RV	$	269,269		$	44,998
Finished goods – other		63,656			35,320
Work in process		138,711			124,703
Raw materials		311,580			258,429
Chassis		225,321			116,308

Subtotal		1,008,537			579,758
Excess of FIFO costs over LIFO costs		(45,949	)		(41,849	)

Total inventories, net	$	962,588		$	537,909

Of the $1,008,537 and $579,758 of inventories at April 30, 2019 and July 31, 2018, $312,757 and $305,990, respectively, was valued on the

last-in,

first-out

(LIFO) basis, and $695,780 and $273,768, respectively, was valued on the

first-in,

first-out

(FIFO) method. The acquisition of EHG accounted for $441,081 of the $422,012 increase in FIFO inventory, and for $197,356 of the $224,271 increase in Finished goods—RV.